PPL Corp (NYSE: PPL) SVP Henninger nets 12,727 shares after vesting

Rhea-AI Filing Summary

PPL Corp executive Tadd J. Henninger, SVP-Finance and Treasurer, reported stock-based compensation activity on 01/20/2026. A total of 2,226.809 Stock Incentive Plan (SIP) units vested and were converted into the same number of shares of Common Stock at a price of $36.91 per share.

To cover taxes due at vesting, 759 shares were withheld by the company, leaving Henninger with 12,727.166 shares of common stock held directly after the transactions. He also has an additional 101.571 common shares held indirectly in a trust under the Employee Stock Ownership Plan. Footnotes note that totals include dividend reinvestment and confirm the vesting date of the units.

Insider Trade Summary

2,226.809 shares exercised/converted

Mixed 4 txns

Insider Henninger Tadd J

Role SVP-Finance and Treasurer

Type	Security	Shares	Price	Value
Exercise	Stock Unit (SIP)	2,226.809	$0.00	--
Exercise	Common Stock	2,226.809	$36.91	$82K
Tax Withholding	Common Stock	759	$36.91	$28K
holding	Common Stock	--	--	--

Holdings After Transaction: Stock Unit (SIP) — 0 shares (Direct); Common Stock — 13,486.166 shares (Direct); Common Stock — 101.571 shares (Indirect, Held in trust pursuant to the Employee Stock Ownership Plan.)

Footnotes (1)

1. Total includes the reinvestment of dividends. 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.

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
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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^*

Henninger Tadd J

(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)
	SVP-Finance and Treasurer

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		2,226.809	A	$36.91	13,486.166(1)	D
Common Stock	01/20/2026		F(2)		759	D	$36.91	12,727.166(1)	D
Common Stock								101.571(1)	I	Held in trust pursuant to the Employee Stock Ownership Plan.

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			2,226.809(1)	(3)	(3)	Common Stock	2,226.809(1)	$0.00	0	D

Explanation of Responses:

1. Total includes the reinvestment of dividends.

2. 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).

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

	/s/ W. Eric Marr, as Attorney-In-Fact for Tadd J. Henninger	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 Tadd J. Henninger?

On 01/20/2026, PPL reported that SVP-Finance and Treasurer Tadd J. Henninger had 2,226.809 Stock Incentive Plan units vest and convert into the same number of common shares at $36.91 per share.

How many PPL (PPL) shares were withheld for taxes in this Form 4?

To pay taxes due at vesting, 759 shares of PPL common stock were withheld by the company at a price of $36.91 per share, as noted in the Form 4 footnote.

How many PPL common shares does Tadd J. Henninger hold after this Form 4?

Following the reported transactions, Tadd J. Henninger holds 12,727.166 PPL common shares directly, plus 101.571 common shares held indirectly in a trust under the Employee Stock Ownership Plan.

What is the Stock Incentive Plan (SIP) referenced in the PPL (PPL) Form 4?

The Stock Incentive Plan (SIP) is PPL's equity compensation program under which stock units vest into common stock. The Form 4 shows 2,226.809 SIP units vesting and being settled in common shares on 01/20/2026 at $36.91 per share.

Do the PPL (PPL) Form 4 totals include dividend reinvestment?

Yes. A footnote in the Form 4 states that the total share amounts include the reinvestment of dividends.

What indirect PPL (PPL) ownership is reported for Tadd J. Henninger?

The Form 4 reports 101.571 PPL common shares held indirectly in a trust pursuant to the Employee Stock Ownership Plan.