PPL Corporation filings document the regulated utility holding company's operating results, regulatory proceedings and capital structure. Recent Form 8-K disclosures cover quarterly and annual results, Regulation FD presentations, Pennsylvania electric distribution rate matters, Kentucky utility rate orders, and FERC transmission return-on-equity matters affecting Rhode Island Energy.
Proxy materials describe board governance, shareholder voting items and executive compensation. Financing filings record PPL's corporate units, stock purchase contracts, PPL Capital Funding remarketable senior notes and related guarantees, linking capital-market activity to the company's common stock and utility financing structure.
PPL Corp director Kenneth Michael Hartwick acquired 1,335.4700 Stock Units (DDCP) on October 1, 2026; the reported price per share was $32.7600. His resulting direct position was 2,574.3980 Stock Units, including reinvested dividends. Under the plan, payout of the underlying securities occurs following a director's retirement, and no conversion or exercise price applies.
PPL Corp officer Christine M. Martin, President of a PPL subsidiary, reported the vesting of 1,212 stock units under a Stock Incentive Plan on September 1, 2026, which converted into an equal number of PPL common shares at no cost. To cover taxes due at vesting, 346 shares were withheld by the company at $34.47 per share under the plan terms, leaving 866 net shares from this award. She also reports 248.861 shares of common stock held indirectly in trust under the Employee Stock Ownership Plan, including reinvested dividends. No Rule 10b5-1 trading plan is indicated for these transactions.
PPL Corp (PPL), through its subsidiary The Narragansett Electric Company d/b/a Rhode Island Energy (RIE), received oral approval from the Rhode Island Public Utilities Commission for new base distribution rates in RIE’s November 2025 rate case. The decisions authorize annual revenue increases of $44.1 million for electric and $93.7 million for gas, a 9.275% return on equity, and a 48% debt / 52% equity capital structure. The approved rate changes take effect September 1, 2026.
The commission did not approve a proposed second rate year and addressed recovery and accounting for certain expenses, set new performance metrics and directed RIE to file a new tariff for extra-large electric loads by December 31, 2026. It also approved or accepted several settlement agreements with intervenors. All parties retain appeal rights, and PPL and RIE state they cannot predict the ultimate outcome.
On RIE’s Hold Harmless Commitment related to PPL’s May 2022 acquisition, the commission denied the original proposal but authorized an alternative that increases accelerated bill credits by about $11 million, bringing total credits to approximately $170 million for electric and gas customers from October 2026 through September 2027. PPL reaffirms its previously disclosed 2026 ongoing EPS forecast and long-term earnings growth targets.
PPL Corporation reports that on August 14, 2026, the Kentucky Public Service Commission issued an order on rehearing in the base rate cases of Louisville Gas and Electric Company and Kentucky Utilities Company. The order approves certain requested changes, including treatment of regulatory assets and liabilities in rate base, use of updated cost estimates in a potential recovery cap under the Pilot Generation Recovery Clause mechanism, and inclusion of pre-2026 stay-open costs for LG&E’s Mill Creek Unit 2 in a regulatory asset, while denying other requested items tied to an October 2025 stipulation.
PPL states the order increases annual revenues by approximately $4 million for LG&E electricity and gas and $3 million for KU electricity above the increases granted in February 2026, with revised rates effective for services on and after the order date. PPL also reaffirms its previously disclosed long-term earnings per share growth targets and includes a detailed caution regarding forward-looking statements and regulatory and market risks.
PPL Corporation and its regulated utilities reported higher results for the quarter and six months ended June 30, 2026. Consolidated operating revenues were $2,111 million for the quarter and $4,885 million year‑to‑date, up from $2,025 million and $4,529 million in 2025. Quarterly net income rose to $230 million from $183 million, with diluted EPS of $0.30 versus $0.25; for six months, net income was $682 million versus $597 million and diluted EPS was $0.90 versus $0.80.
All three regulated segments (Kentucky, Pennsylvania and Rhode Island) remained profitable, and Rhode Island improved from a prior‑year loss in the quarter. Operating cash flow was strong at $1,140 million for six months. PPL continued heavy investment, with $2,339 million of property, plant and equipment expenditures and construction work in progress rising to $4,149 million. Long‑term debt increased to $19,789 million, reflecting $2,046 million of new issuances, while cash and cash equivalents declined to $332 million. The company paid common dividends of $0.285 per share in the quarter. Results reflect ongoing regulated rate recovery, sizable infrastructure programs and stable earnings across its utility platforms.
PPL Corporation reported second-quarter 2026 GAAP net income of $230 million, or $0.30 per share, up from $183 million, or $0.25 per share, a year earlier. Earnings from ongoing operations (non-GAAP) were $247 million, or $0.33 per share, compared with $240 million, or $0.32 per share. For the first six months of 2026, GAAP earnings were $682 million, or $0.90 per share, and ongoing earnings were $725 million, or $0.96 per share.
Segment results showed regulated contributions of $0.18 per share from Kentucky, $0.17 from Pennsylvania, $0.01 from Rhode Island, partially offset by a Corporate and Other loss of $0.06 per share. PPL reaffirmed its 2026 earnings from ongoing operations forecast range of $1.90 to $1.98 per share, with a midpoint of $1.94, and reiterated its 6% to 8% annual EPS growth target through at least 2029.
The company highlighted economic-development-driven growth, estimating $10 billion to $12 billion of potential generation investment upside in Pennsylvania and Kentucky through 2032, including opportunities via its 51% Invitium Energy joint venture serving data centers. Management cited disciplined cost control, grid modernization and constructive regulation as key factors supporting its outlook.
Vanguard Portfolio Management LLC filed a passive ownership report showing a significant position in PPL Corp common stock. As of June 30, 2026, Vanguard Portfolio Management beneficially owned 37,769,687 shares of PPL, representing 5.02% of the outstanding common stock.
The filing states Vanguard Portfolio Management has sole voting power over 85,261 shares and sole dispositive power over 37,769,687 shares, with no shared voting or dispositive power. The position aggregates securities held by certain Vanguard affiliates and Vanguard funds and managed accounts over which they exercise voting and/or dispositive power. Vanguard entities and their clients have the right to receive dividends and sale proceeds on these shares, but no single other person’s interest exceeds 5% of the class.
Franklin Resources, Inc. and related parties report institutional ownership of PPL Corp. The filing shows beneficial ownership of 21,288,443 shares of PPL Corporation common stock, representing 2.8% of the class, reported on behalf of Franklin Resources and various investment management subsidiaries.
The shares are held in client accounts of these subsidiaries, which exercise sole voting and investment discretion under investment management agreements. Aggregate powers include 21,272,349 shares with sole voting power, 21,287,996 shares with sole dispositive power, and 447 shares with shared dispositive power
PPL Corp director Kenneth Michael Hartwick reported an acquisition of 1,228.243 Stock Units (DDCP) on 2026-07-22 at a reference value of $35.6200 per unit. These stock units are payable in underlying common stock after his retirement under the Directors Deferred Compensation Plan, and the reported total includes reinvested dividends.
PPL Corp director Kenneth Michael Hartwick has filed an initial Form 3, which is used to report an insider’s starting ownership position. The filing lists Common Stock with a total of 0 shares owned directly following the reported holdings, indicating no current beneficial ownership of PPL common shares.