PPL Corp (NYSE: PPL) director granted 1,140 stock units under DDCP

Rhea-AI Filing Summary

Redman Heather B reported acquisition or exercise transactions in this Form 4 filing.

PPL Corp director Heather B. Redman received a grant of 1,140.214 Stock Units under the company’s Directors Deferred Compensation Plan (DDCP). Each unit represents an equivalent number of shares of common stock at a reference price of $38.37 per share. After this award and dividend reinvestments, her total DDCP stock units stand at 27,490.404, which will be paid out following her retirement as a director.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Redman Heather B

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Stock Unit (DDCP)	1,140.214	$38.37	$44K

Holdings After Transaction: Stock Unit (DDCP) — 27,490.404 shares (Direct)

Footnotes (1)

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. Total includes the reinvestment of dividends.

Key Figures

Stock units granted: 1,140.214 units Reference price per unit: $38.37 per unit Total stock units after grant: 27,490.404 units

3 metrics

Stock units granted 1,140.214 units DDCP stock unit award on 2026-04-01

Reference price per unit $38.37 per unit Stock Unit (DDCP) grant value reference

Total stock units after grant 27,490.404 units DDCP-related holdings following transaction

Key Terms

Stock Unit (DDCP), Directors Deferred Compensation Plan (DDCP), reinvestment of dividends, Grant, award, or other acquisition

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)"

reinvestment of dividends financial

"Total includes the reinvestment of dividends."

Grant, award, or other acquisition financial

"transaction_code_description: "Grant, award, or other acquisition""

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^*

Redman Heather B

(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)
04/01/2026

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)	04/01/2026		A		1,140.214		(1)	(1)	Common Stock	1,140.214	$38.37	27,490.404(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 Heather B. Redman	04/02/2026
	** 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)

FAQ

What insider transaction did PPL (PPL) director Heather B. Redman report?

Heather B. Redman reported receiving 1,140.214 Stock Units under PPL’s Directors Deferred Compensation Plan. These derivative units track PPL common stock and increase her total DDCP-related holdings to 27,490.404 units, reflecting routine director compensation rather than an open-market trade.

What is the size of Heather B. Redman’s new PPL stock unit grant?

She received a grant of 1,140.214 Stock Units under the DDCP. Each unit corresponds to an equivalent number of PPL common shares, awarded at a reference price of $38.37, and will be paid out after her retirement from the board under plan terms.

How many PPL stock units does Heather B. Redman hold after this Form 4 filing?

Following the reported DDCP award, Heather B. Redman holds a total of 27,490.404 Stock Units. This figure includes the latest 1,140.214-unit grant and prior accruals, as well as the reinvestment of dividends noted in the filing footnotes.

Is Heather B. Redman’s PPL transaction a market purchase or sale?

The transaction is a grant of derivative Stock Units, not a market purchase or sale. It is classified as a grant or award acquisition under the Directors Deferred Compensation Plan, representing deferred director compensation tied to PPL common stock value.

When will Heather B. Redman receive the PPL shares linked to these stock units?

Under the Directors Deferred Compensation Plan, payout of the underlying PPL securities occurs following a director’s retirement. Until then, the Stock Units accumulate value and reinvest dividends but are not converted into delivered common shares.