PPL director granted deferred stock unit award
Williamson Keith H reported acquisition or exercise transactions in this Form 4 filing.
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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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Unit (DDCP) | 1,228.243 | $35.62 | $44K |
Footnotes (2)
- 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.
- F2. Total includes the reinvestment of dividends.
Key Figures
Key Terms
Stock Unit (DDCP) financial
Directors Deferred Compensation Plan (DDCP) financial
underlying securities financial
reinvestment of dividends financial
FAQ
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What did PPL (PPL) director Keith H. Williamson report in this insider filing?
How many PPL stock units does Keith H. Williamson hold after this DDCP award?
What are the key terms of Keith H. Williamson’s PPL DDCP stock unit award?
Does Keith H. Williamson’s DDCP stock unit award involve an exercise price?
Is Keith H. Williamson’s PPL DDCP stock unit grant an open-market transaction?
AI-generated analysis. How Rhea-AI works. Not financial advice.