PPL officer nets 866 shares from RSU vesting

PPL Corp officer Christine M. Martin, President of a PPL subsidiary, reported the vesting of 1,212 stock units under a Stock Incentive Plan on September 1, 2026, which converted into an equal number of PPL common shares at no cost.

Rhea-AI Filing Summary

PPL Corp officer Christine M. Martin, President of a PPL subsidiary, reported the vesting of 1,212 stock units under a Stock Incentive Plan on September 1, 2026, which converted into an equal number of PPL common shares at no cost. To cover taxes due at vesting, 346 shares were withheld by the company at $34.47 per share under the plan terms, leaving 866 net shares from this award. She also reports 248.861 shares of common stock held indirectly in trust under the Employee Stock Ownership Plan, including reinvested dividends. No Rule 10b5-1 trading plan is indicated for these transactions.

Insider Trade Summary

1,212 shares exercised/converted

Exercise 4 txns

Insider Martin Christine M

Role President of a PPL Subsidiary

Type	Security	Shares	Price	Value
Exercise	Stock Unit (SIP) F3	1,212	$0.00	$0.00
Exercise	Common Stock F1	1,212	$34.47	$42K
Tax Withholding	Common Stock F2, F1	346	$34.47	$12K
holding	Common Stock F1	--	--	--

Holdings After Transaction: Stock Unit (SIP) — 0 contracts (Direct); Common Stock — 47,602.468 shares (Direct); Common Stock — 248.861 shares (Indirect, Held in trust pursuant to the Employee Stock Ownership Plan.)

Footnotes (3)

1. F1. Total includes the reinvestment of dividends.
2. F2. 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) for Restricted Stock Units granted on 09/01/2023.
3. F3. No conversion or exercise price or exercise or expiration date applies. The units vested on 09/01/2026.

Key Figures

Stock units vested: 1,212 shares Shares withheld for taxes: 346 shares Net shares from vesting: 866 shares +3 more

6 metrics

Stock units vested 1,212 shares Stock Unit (SIP) award vested on September 1, 2026, converting into common stock

Shares withheld for taxes 346 shares Common shares withheld to pay taxes at vesting under the Stock Incentive Plan

Net shares from vesting 866 shares Net common shares from the 1,212-share award after 346 shares withheld for taxes

Withholding price $34.47 per share Price used for withholding 346 common shares to satisfy tax liability

Indirect ESOP holdings 248.861 shares Common stock held in trust under the Employee Stock Ownership Plan, including reinvested dividends

Derivative units remaining after vesting 0 units Stock Unit (SIP) derivative position following conversion of 1,212 units into common stock

Key Terms

Stock Incentive Plan (SIP), Restricted Stock Units, Employee Stock Ownership Plan

3 terms

Stock Incentive Plan (SIP) financial

"under the terms of the Stock Incentive Plan (SIP) for Restricted Stock Units"

Restricted Stock Units financial

"Restricted Stock Units granted on 09/01/2023"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

Employee Stock Ownership Plan financial

"Held in trust pursuant to the Employee Stock Ownership Plan."

An employee stock ownership plan (ESOP) is a company-run program that gives workers ownership stakes by allocating or letting them buy company shares, often through a retirement-style account. For investors, ESOPs matter because they align employees’ incentives with company performance—like turning staff into shareholders—which can boost productivity and long-term value but may also concentrate employee retirement savings in company stock, affecting financial risk and share demand.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did PPL (PPL) executive Christine M. Martin report in this Form 4?

She reported the vesting of 1,212 stock units into PPL common stock on September 1, 2026, with some shares withheld to pay taxes and the remaining shares retained, plus indirect holdings in an Employee Stock Ownership Plan.

How many PPL shares did Christine M. Martin effectively receive from the RSU vesting?

The award converted 1,212 stock units into common shares. Of these, 346 shares were withheld to pay taxes, leaving 866 net shares from this vesting event retained in her direct ownership.

At what price were PPL shares withheld to cover taxes for the executive?

To pay taxes on the vesting, 346 PPL shares were withheld by the company at $34.47 per share, as described under the Stock Incentive Plan terms for the Restricted Stock Units granted on September 1, 2023.

What indirect PPL share holdings does Christine M. Martin report?

She reports 248.861 shares of PPL common stock held indirectly in trust under the Employee Stock Ownership Plan, and this total includes shares accumulated through the reinvestment of dividends.

Were Christine M. Martin’s PPL transactions made under a Rule 10b5-1 trading plan?

No. The filing indicates that no Rule 10b5-1 plan applies to these transactions, meaning they are not reported as pre-arranged trades under such a plan.

What type of equity award vested for the PPL executive on September 1, 2026?

The award was a Stock Unit (SIP) under PPL’s Stock Incentive Plan, representing Restricted Stock Units that vested on September 1, 2026 and converted into an equal number of PPL common shares at no exercise price.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 09/02/2026 - 04:06 PM EDT Accepted by SEC EDGAR 09/02/2026 - 04:05 PM EDT Learn about SEC filing dates

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

Martin Christine M

(Last) (First) (Middle)

645 HAMILTON STREET

(Street)

ALLENTOWN PENNSYLVANIA 18101

(City) (State) (Zip)

UNITED STATES

(Country)

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 of a PPL Subsidiary

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/01/2026

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

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

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

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	09/01/2026		M		1,212	A	$34.47	47,948.468(1)	D
Common Stock	09/01/2026		F(2)		346	D	$34.47	47,602.468(1)	D
Common Stock								248.861(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	09/01/2026		M			1,212	(3)	(3)	Common Stock	1,212	$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) for Restricted Stock Units granted on 09/01/2023.

3. No conversion or exercise price or exercise or expiration date applies. The units vested on 09/01/2026.

	/s/ W. Eric Marr, as Attorney-In-Fact for Christine M. Martin	09/02/2026
	** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)