STOCK TITAN

PPL Corp (NYSE: PPL) executive reports SIP vesting and tax share withholding

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

Rhea-AI Filing Summary

PPL Corp executive John R. Crockett III reported stock-based compensation activity involving common stock on 01/20/2026. A total of 6,090.229 stock units granted under the Stock Incentive Plan (SIP) vested and were converted into 6,090.229 shares of PPL common stock at an exercise price of $0.00 per unit. These new shares were acquired at a market price of $36.91 per share, increasing his directly held common stock to 29,739.744 shares.

On the same date, 2,062 shares of common stock were withheld by the company at Crockett’s request to cover taxes due upon the expiration of the restriction period, also valued at $36.91 per share. After this tax withholding, Crockett directly owned 27,677.744 shares of PPL common stock.

Positive

  • None.

Negative

  • None.
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).
X
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*
Crockett John R III

(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 6,090.229 A $36.91 29,739.744 D
Common Stock 01/20/2026 F(1) 2,062 D $36.91 27,677.744 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 6,090.229(2) (3) (3) Common Stock 6,090.229(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 John R Crockett III 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 transactions did PPL (PPL) report for John R. Crockett III?

On 01/20/2026, John R. Crockett III reported the vesting of 6,090.229 Stock Incentive Plan units into 6,090.229 shares of PPL common stock at an exercise price of $0.00 per unit, followed by a share withholding to cover taxes.

How many PPL (PPL) shares did the executive acquire and at what price?

Crockett acquired 6,090.229 shares of PPL common stock upon vesting of Stock Incentive Plan units, with the reported market price of the common stock at $36.91 per share on 01/20/2026.

How many PPL shares were withheld to pay taxes for this Form 4 filing?

The company withheld 2,062 shares of PPL common stock at Crockett’s request to pay taxes due after the restriction period ended, at a price of $36.91 per share, as noted in the Form 4 footnote.

How many PPL (PPL) shares does John R. Crockett III own after these transactions?

After the reported transactions on 01/20/2026, John R. Crockett III directly owned 27,677.744 shares of PPL common stock.

What is the role of John R. Crockett III at PPL (PPL)?

John R. Crockett III is reported as an officer of PPL Corp, serving as President of a PPL Subsidiary, according to the Form 4 filing.

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

The Stock Incentive Plan (SIP) referenced in the Form 4 is a program under which executives receive stock units that can vest into shares of PPL common stock. The filing notes that total units included reinvested dividends and that the units vested on 01/20/2026.

Were the PPL insider transactions open-market sales?

The Form 4 shows a vesting and conversion of Stock Incentive Plan units into PPL common stock (code M) and a company share withholding for taxes (code F). The tax-related withholding is described as shares withheld by the company at the executive’s request, rather than an open-market sale.
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