Director Heather Redman granted 1,228 PPL (NYSE: PPL) stock units in DDCP
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PPL Corp director Heather B. Redman reported a compensation-related award of stock units rather than an open-market trade. She acquired 1,228.243 Stock Units under the Directors Deferred Compensation Plan (DDCP), each tied to an equivalent number of common shares. Under the DDCP, payout of the underlying securities occurs after a director’s retirement, so this functions as deferred compensation. Following this award and dividend reinvestment, her total DDCP-related stock units increased to 28,938.601.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Redman Heather B
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Unit (DDCP) | 1,228.243 | $35.62 | $44K |
Holdings After Transaction:
Stock Unit (DDCP) — 28,938.601 shares (Direct, null)
Footnotes (1)
- No conversion or exercise price applies as, under the terms of the Directors Deferred Compensation Plan (DDCP), payout of the underlying securities will occur following a director's retirement. Total includes the reinvestment of dividends.
Key Figures
Stock units granted: 1,228.243 units
Grant reference price: $35.6200 per unit
Total units after transaction: 28,938.601 units
+1 more
4 metrics
Stock units granted
1,228.243 units
Stock Unit (DDCP) grant on 2026-07-01
Grant reference price
$35.6200 per unit
Price per Stock Unit (DDCP) for reported award
Total units after transaction
28,938.601 units
DDCP-related Stock Units following award
Underlying common shares
1,228.243 shares
Common Stock underlying the new Stock Units
Key Terms
Stock Unit (DDCP), Directors Deferred Compensation Plan (DDCP), Grant, award, or other acquisition, underlying securities
4 terms
Stock Unit (DDCP) financial
"security_title: Stock Unit (DDCP)"
Directors Deferred Compensation Plan (DDCP) financial
"under the terms of the Directors Deferred Compensation Plan (DDCP), payout"
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
underlying securities financial
"payout of the underlying securities will occur following a director's retirement"
FAQ
What insider transaction did PPL (PPL) director Heather B. Redman report?
Heather B. Redman reported receiving 1,228.243 Stock Units as a compensation award under PPL’s Directors Deferred Compensation Plan. These units are linked to common stock and increase her total DDCP-related holdings to 28,938.601 units, reflecting ongoing director compensation rather than a market trade.
Was the PPL (PPL) Form 4 transaction a stock purchase or sale?
The Form 4 shows an acquisition as a grant or award, not a market purchase or sale. Redman received 1,228.243 Stock Units under a deferred compensation plan, so no open-market buy or sell occurred; this represents non-cash director compensation accumulating for future payout.
How many PPL (PPL) stock units does Heather B. Redman hold after this grant?
After the reported award, Redman holds 28,938.601 Stock Units related to PPL under the Directors Deferred Compensation Plan. This total includes the newly granted 1,228.243 units and the reinvestment of dividends, indicating her cumulative deferred director compensation balance in that plan.
What is the Directors Deferred Compensation Plan (DDCP) mentioned in PPL’s Form 4?
The DDCP is PPL’s Directors Deferred Compensation Plan, under which directors receive Stock Units linked to common stock. According to the filing, payout of the underlying securities occurs following a director’s retirement, making these awards a form of long-term, deferred equity-based compensation.
Does the PPL (PPL) Form 4 disclose a conversion or exercise price for the stock units?
No conversion or exercise price applies to these Stock Units. The filing specifies that, under the Directors Deferred Compensation Plan, payout of the underlying securities will occur after the director’s retirement, so the award functions as deferred stock-based compensation rather than a traditional option exercise.