PPL Form 4: Vincent Sorgi Discloses 472,720.808 Shares After 08/08/2025 Activity
Rhea-AI Filing Summary
Vincent Sorgi, President and CEO of PPL Corporation, filed a Form 4 reporting changes in his PPL common stock holdings. The filing lists a transaction dated 08/08/2025 with transaction code G and shows 16,498 shares associated with the reported transaction and a post-transaction direct beneficial ownership figure of 472,720.808 shares. The record also shows 175.643 shares held indirectly in a trust under the Employee Stock Ownership Plan. The filing notes that totals include reinvestment of dividends and was signed by an attorney-in-fact on 08/11/2025.
Positive
- Insider disclosure completed: Vincent Sorgi filed a Form 4 reporting the transaction, fulfilling SEC reporting requirements.
- Clear ownership figures: Post-transaction direct beneficial ownership is reported as 472,720.808 shares and indirect ESOP holdings of 175.643 shares.
- Dividend reinvestment noted: The filing explicitly states totals include reinvestment of dividends, clarifying part of the share increase.
Negative
- None.
Insights
TL;DR: CEO reports a share change of 16,498 with direct holdings at 472,720.808 shares; filing contains no pricing or proceeds beyond $0.00.
The Form 4 shows a reported transaction dated 08/08/2025 by Vincent Sorgi and a post-transaction direct beneficial ownership figure of 472,720.808 shares. The entry shows a transaction code "G" and a listed price of $0.00 in the table. The filing also discloses 175.643 shares held indirectly via an Employee Stock Ownership Plan and states totals include dividend reinvestment. With only the data presented here, this is a disclosure of insider holdings and a transaction; there are no additional financial metrics or firm-level context in the form to assess material valuation impact.
TL;DR: Insider disclosure confirms CEO ownership details and ESOP holdings; the filing documents compliance with Section 16 reporting.
The document is a Section 16 Form 4 listing Vincent Sorgi as President and CEO and reporting changes in his beneficial ownership of PPL common stock. It identifies direct and indirect ownership forms, references reinvested dividends, and includes an attorney-in-fact signature dated 08/11/2025. As presented, the filing records ownership and transfer details required by insider reporting rules; it does not contain further governance actions, option grants, or compensatory plan amendments beyond the ESOP notation.