PPL director granted deferred stock unit award

Williamson Keith H reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

Williamson Keith H reported acquisition or exercise transactions in this Form 4 filing.

PPL Corp director Keith H. Williamson received an award of 1,228.243 stock units tied to PPL common stock under the company’s Directors Deferred Compensation Plan (DDCP). These units represent deferred compensation, with payout of the underlying securities scheduled to occur after his retirement rather than through immediate cash or stock delivery.

The award was valued at a reference price of $35.62 per unit. Following this grant and the reinvestment of dividends, Williamson now holds a total of 141,534.893 DDCP stock units linked to PPL common shares, reflecting long-term, non-market-based compensation rather than an open-market stock purchase or sale.

Insider Trade Summary

Grant/Award: 1,228.243 shares

Grant/Award 1 txn

Insider Williamson Keith H

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Stock Unit (DDCP)	1,228.243	$35.62	$44K

Holdings After Transaction: Stock Unit (DDCP) — 141,534.893 contracts (Direct)

Footnotes (2)

1. F1. 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.
2. F2. Total includes the reinvestment of dividends.

Key Figures

DDCP stock units granted: 1,228.243 units Reference price per unit: $35.62 per unit Total DDCP stock units after award: 141,534.893 units +2 more

5 metrics

DDCP stock units granted 1,228.243 units Stock Unit (DDCP) award on 2026-07-01

Reference price per unit $35.62 per unit DDCP stock unit valuation

Total DDCP stock units after award 141,534.893 units Holdings following DDCP grant, including dividend reinvestment

Underlying common shares per unit 1,228.243 shares Underlying PPL common stock linked to the DDCP units

Conversion or exercise price $0.00 No conversion or exercise price applies under DDCP terms

Key Terms

Stock Unit (DDCP), Directors Deferred Compensation Plan (DDCP), underlying securities, reinvestment of dividends

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 of the underlying securities"

underlying securities financial

"payout of the underlying securities will occur following a director's retirement"

reinvestment of dividends financial

"Total includes the reinvestment of dividends."

FAQ

What did PPL (PPL) director Keith H. Williamson report in this insider filing?

Keith H. Williamson reported receiving an award of 1,228.243 stock units tied to PPL common stock. These stock units are part of PPL’s Directors Deferred Compensation Plan (DDCP), representing deferred compensation rather than an open-market stock purchase or sale.

How many PPL stock units does Keith H. Williamson hold after this DDCP award?

After the latest grant, Keith H. Williamson holds 141,534.893 DDCP stock units linked to PPL common stock. This total includes the reinvestment of dividends, indicating his accumulated deferred compensation balance under the Directors Deferred Compensation Plan.

What are the key terms of Keith H. Williamson’s PPL DDCP stock unit award?

The award covers 1,228.243 stock units tied to PPL common stock at a reference price of $35.62 per unit. Under the Directors Deferred Compensation Plan, payout of the underlying securities will occur after Williamson retires from the board.

Does Keith H. Williamson’s DDCP stock unit award involve an exercise price?

No, the DDCP stock unit award for Keith H. Williamson has no conversion or exercise price. Under the plan’s terms, the underlying PPL securities are scheduled to be paid out following his retirement, rather than exercised like a typical stock option.

Is Keith H. Williamson’s PPL DDCP stock unit grant an open-market transaction?

No, the grant of 1,228.243 DDCP stock units is a compensation award, not an open-market buy or sell. It forms part of the Directors Deferred Compensation Plan, with payout in underlying securities after retirement instead of immediate market trading.

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Accepted by SEC EDGAR 07/02/2026 - 05:51 PM 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^*

Williamson Keith H

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/01/2026

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

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 (DDCP)	(1)	07/01/2026		A		1,228.243		(1)	(1)	Common Stock	1,228.243	$35.62	141,534.893(2)	D

Explanation of Responses:

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.

2. Total includes the reinvestment of dividends.

	/s/ W. Eric Marr, as Attorney-In-Fact for Keith H. Williamson	07/02/2026
	** 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)