PPL Form 4: Officer sold 15,791 shares under 10b5-1 plan
Rhea-AI Filing Summary
John R. Crockett III, an officer and president of a PPL subsidiary, reported the sale of 15,791 shares of PPL common stock on 08/27/2025 at a price of $36.56 per share. The filing states the sale was made pursuant to a 10b5-1 plan dated May 29, 2025. After the reported transaction the filing shows 23,649.515 shares beneficially owned (direct). The Form 4 was signed by an attorney-in-fact on 08/28/2025. No other transactions or derivative holdings are reported in this filing.
Positive
- Sale executed under a 10b5-1 plan, providing affirmative-defense context and indicating prearranged trading
- Complete transaction disclosure including sale date, price ($36.56), number of shares (15,791), and post-sale beneficial ownership (23,649.515)
Negative
- Insider ownership reduced by 15,791 shares as a result of the reported sale
Insights
TL;DR: Officer executed a preplanned sale under a 10b5-1 plan; disclosure aligns with standard insider trading controls.
The Form 4 documents a routine sale of 15,791 shares by John R. Crockett III under a 10b5-1 trading plan established May 29, 2025. Reporting the transaction and the plan date provides the affirmative-defense context required by Rule 10b5-1. The filing includes the post-transaction beneficial ownership figure of 23,649.515 shares and is signed by an attorney-in-fact, consistent with procedural norms. There are no derivative transactions or additional disclosures in this Form 4.
TL;DR: Insider sale disclosed; transaction appears procedural and limited in scale relative to typical institutional holdings.
The sale of 15,791 shares at $36.56 is explicitly recorded and identified as executed under a pre-existing 10b5-1 plan. The Form 4 does not show option exercises, grants, or other derivative activity. The filing provides clear transactional detail but no information on motivation or broader changes to ownership beyond the reported post-sale total. From a market-impact perspective, the disclosure is straightforward and lacks additional material events.