PPL VP Marlene Beers exercises 2,165.907 stock units
PPL Corp executive Marlene C. Beers, Vice President and Controller, reported equity award activity in company stock on 01/20/2026.
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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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Unit (SIP) | 2,165.907 | $0.00 | $0.00 |
| Exercise | Common Stock | 2,165.907 | $36.91 | $80K |
| Exercise Price or Tax Liability | Common Stock | 738 | $36.91 | $27K |
| Holding | Common Stock | -- | -- | -- |
Footnotes (3)
- F1. 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).
- F2. Total includes the reinvestment of dividends.
- F3. The units vested on 01/20/2026.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
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.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.