STOCK TITAN

PPL Corp (NYSE: PPL) officer nets shares after stock units vest

Filing Impact
(Neutral)
Filing Sentiment
(Positive)
Form Type
4

Rhea-AI Filing Summary

PPL Corp executive John Gregory Cornett reported routine equity compensation activity. On 01/20/2026, 1,237 Stock Unit (SIP) derivatives with a conversion price of $0.00 vested and were converted into 1,237 shares of PPL common stock at a price of $36.91 per share. On the same date, 455 common shares were withheld by the company at his request to cover taxes due under the Stock Incentive Plan, also valued at $36.91 per share. After these transactions, Cornett directly held 8,616 shares of PPL common stock.

Positive

  • None.

Negative

  • None.
Insider Cornett John Gregory
Role President of a PPL Subsidiary
Type Security Shares Price Value
Exercise Stock Unit (SIP) 1,237 $0.00 --
Exercise Common Stock 1,237 $36.91 $46K
Tax Withholding Common Stock 455 $36.91 $17K
Holdings After Transaction: Stock Unit (SIP) — 0 shares (Direct); Common Stock — 9,071 shares (Direct)
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). The units vested on 01/20/2026.
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*
Cornett John Gregory

(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)
President of a PPL Subsidiary
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 1,237 A $36.91 9,071 D
Common Stock 01/20/2026 F(1) 455 D $36.91 8,616 D
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 1,237 (2) (2) Common Stock 1,237 $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. The units vested on 01/20/2026.
/s/ W. Eric Marr, as Attorney-In-Fact for John Gregory Cornett 01/21/2026
** 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) report for John Gregory Cornett?

PPL reported that officer John Gregory Cornett had 1,237 Stock Unit (SIP) awards vest on 01/20/2026, converting into 1,237 shares of common stock at $36.91 per share, with some shares withheld for taxes.

How many PPL common shares did John Gregory Cornett acquire and at what price?

Cornett acquired 1,237 shares of PPL common stock on 01/20/2026 through the vesting of Stock Unit (SIP) awards, at a price of $36.91 per share.

How many PPL shares were withheld to cover John Gregory Cornett’s taxes?

The company withheld 455 shares of PPL common stock on 01/20/2026 at $36.91 per share to pay taxes due in connection with the vesting under the Stock Incentive Plan.

How many PPL shares does John Gregory Cornett own after the reported transactions?

Following the reported transactions on 01/20/2026, John Gregory Cornett directly owns 8,616 shares of PPL common stock.

What role does John Gregory Cornett hold at PPL Corp (PPL)?

John Gregory Cornett is an officer of PPL Corp, serving as President of a PPL subsidiary, according to the Form 4 disclosure.

Were John Gregory Cornett’s PPL transactions part of a stock incentive plan?

Yes. The Form 4 notes that the vesting and related tax withholding were under the Stock Incentive Plan (SIP), and shares were withheld to pay taxes after the restriction period expired.

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28.29B
749.94M
Utilities - Regulated Electric
Electric Services
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United States
ALLENTOWN