PPL Corp (NYSE: PPL) VP Beers nets 45,053.861 shares after award

Rhea-AI Filing Summary

PPL Corp executive Marlene C. Beers, Vice President and Controller, reported equity award activity in company stock on 01/20/2026. She exercised 2,165.907 Stock Units (SIP), which converted into the same number of PPL common shares at an exercise price of $0.00 per unit. The resulting common stock was recorded at a transaction price of $36.91 per share.

To cover taxes due at vesting under the Stock Incentive Plan, 738 common shares were withheld by the company, as noted in the footnotes. After these transactions, Beers directly beneficially owned 45,053.861 PPL common shares and also had indirect investment power over 1,500 additional shares held by a family member. The filing reflects routine compensation-related vesting and tax withholding activity.

Insider Trade Summary

2,165.907 shares exercised/converted

Mixed 4 txns

Insider Beers Marlene C

Role Vice President and Controller

Type	Security	Shares	Price	Value
Exercise	Stock Unit (SIP)	2,165.907	$0.00	--
Exercise	Common Stock	2,165.907	$36.91	$80K
Tax Withholding	Common Stock	738	$36.91	$27K
holding	Common Stock	--	--	--

Holdings After Transaction: Stock Unit (SIP) — 0 shares (Direct); Common Stock — 45,791.861 shares (Direct); Common Stock — 1,500 shares (Indirect, Has investment power over shares owned by family member.)

Footnotes (1)

1. 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). Total includes the reinvestment of dividends. The units vested on 01/20/2026.

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Form 4 Insider Transactions: What Each Field Means →

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^*

Beers Marlene C

(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)
	Vice President and Controller

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		2,165.907	A	$36.91	45,791.861	D
Common Stock	01/20/2026		F(1)		738	D	$36.91	45,053.861	D
Common Stock								1,500	I	Has investment power over shares owned by family member.

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			2,165.907(2)	(3)	(3)	Common Stock	2,165.907(2)	$0.00	0	D

Explanation of Responses:

1. 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).

2. Total includes the reinvestment of dividends.

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

	/s/ W. Eric Marr, as Attorney-In-Fact for Marlene C. Beers	01/20/2026
	** 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.

FAQ

What insider transaction did PPL (PPL) executive Marlene C. Beers report?

Marlene C. Beers reported the vesting and exercise of 2,165.907 Stock Units (SIP) on 01/20/2026, which converted into an equal number of PPL common shares, along with related tax withholding.

How many PPL (PPL) shares did Marlene C. Beers acquire and at what price?

She acquired 2,165.907 PPL common shares from vested Stock Units, with the common stock transaction recorded at $36.91 per share, and an exercise price of $0.00 on the units.

How many PPL (PPL) shares were withheld for taxes from Marlene C. Beers' award?

738 PPL common shares were withheld by the company at Beers' request to pay taxes due upon expiration of the restriction period under the Stock Incentive Plan.

What is Marlene C. Beers' PPL (PPL) share ownership after the reported transactions?

Following the reported activity, Beers directly beneficially owned 45,053.861 PPL common shares and had indirect investment power over 1,500 additional shares owned by a family member.

What derivative securities were involved in Marlene C. Beers' PPL (PPL) Form 4 filing?

The filing shows Stock Units (SIP) as the derivative security. 2,165.907 units vested and were converted into PPL common stock, leaving 0 such units beneficially owned after the transaction.

Is the PPL (PPL) insider transaction related to a 10b5-1 trading plan?

The form includes a checkbox for trades under a Rule 10b5-1(c) plan, but the provided excerpt does not indicate that this box was checked for Marlene C. Beers' transactions.