PPL (PPL) CEO Vincent Sorgi logs stock unit vesting, tax share withholding

Rhea-AI Filing Summary

PPL Corp President and CEO Vincent Sorgi reported equity award activity involving company stock. On 01/20/2026, 45,395.453 Stock Incentive Plan units vested and were converted into the same number of PPL common shares at an indicated price of $36.91 per share. This increased his directly held common stock to 494,838.522 shares, including amounts reflecting dividend reinvestment.

On the same date, 16,001 shares of common stock were withheld by the company at his request to cover taxes due upon expiration of the restriction period, leaving him with 478,837.522 shares of PPL common stock held directly after these transactions. He also beneficially owns 178.31 additional common shares held indirectly in a trust under the Employee Stock Ownership Plan.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Sorgi Vincent

(Last) (First) (Middle)

645 HAMILTON STREET

(Street)

ALLENTOWN PA 18101

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
PPL Corp [ PPL ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President and CEO

3. Date of Earliest Transaction (Month/Day/Year)
01/20/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	01/20/2026		M		45,395.453	A	$36.91	494,838.522(1)	D
Common Stock	01/20/2026		F(2)		16,001	D	$36.91	478,837.522(1)	D
Common Stock								178.31(1)	I	Held in trust pursuant to the Employee Stock Ownership Plan.

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Unit (SIP)	$0.00	01/20/2026		M			45,395.453(1)	(3)	(3)	Common Stock	45,395.453(1)	$0.00	0	D

Explanation of Responses:

1. Total includes the reinvestment of dividends.

2. Shares withheld by the company at the request of the executive officer to pay taxes due following expiration of the applicable restriction period, under the terms of the Stock Incentive Plan (SIP).

3. The units vested on 01/20/2026.

	/s/ W. Eric Marr, as Attorney-In-Fact for Vincent Sorgi	01/21/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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FAQ

What insider transaction did PPL (PPL) report for Vincent Sorgi?

PPL reported that President and CEO Vincent Sorgi had 45,395.453 Stock Incentive Plan units vest on 01/20/2026 and convert into the same number of PPL common shares.

How many PPL common shares were withheld for taxes from Vincent Sorgi’s award?

The company withheld 16,001 shares of PPL common stock at Vincent Sorgi’s request to pay taxes due upon expiration of the applicable restriction period under the Stock Incentive Plan.

What is Vincent Sorgi’s direct ownership in PPL shares after this Form 4 transaction?

Following the reported transactions, Vincent Sorgi directly beneficially owns 478,837.522 shares of PPL common stock.

Does Vincent Sorgi have any indirect ownership of PPL stock?

Yes. In addition to his direct holdings, he beneficially owns 178.31 shares of PPL common stock indirectly, held in trust under the Employee Stock Ownership Plan.

What was the reported price used for Vincent Sorgi’s PPL stock transactions?

The Form 4 shows an indicated price of $36.91 per share for the common stock associated with the vesting and tax withholding transactions on 01/20/2026.

What do the transaction codes M and F mean in this PPL Form 4?

Code M reflects the conversion of 45,395.453 Stock Incentive Plan units into common stock upon vesting. Code F reflects 16,001 shares withheld by the company to cover taxes related to that vesting.