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PPL SEC Filings

PPL NYSE

Welcome to our dedicated page for PPL SEC filings (Ticker: PPL), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.

The PPL Corporation (NYSE: PPL) SEC filings page on Stock Titan provides structured access to the company’s regulatory disclosures, along with AI-powered summaries to help interpret complex documents. As a U.S. energy company based in Allentown, Pennsylvania, with regulated utility operations in Pennsylvania, Kentucky and Rhode Island, PPL uses SEC filings to report financial performance, financing transactions and significant regulatory and operational events.

Investors can review PPL’s Form 8-K current reports, which describe material developments such as quarterly earnings releases, rate case and CPCN outcomes, bond and note issuances and forward equity arrangements. Recent 8-K filings detail PPL Capital Funding’s exchangeable senior notes due 2030, the use of proceeds to repay short-term debt, and the structure of exchange rights into PPL common stock. Other 8-Ks discuss rate proceedings and regulatory orders affecting subsidiaries like PPL Electric Utilities, LG&E, KU and Rhode Island Energy.

Core periodic reports such as the Form 10-K annual report and Form 10-Q quarterly reports (when available in the feed) provide broader context on segment performance, regulatory environments, capital expenditure plans and risk factors relevant to PPL’s regulated utility model. These filings often include segment-level discussions for Kentucky Regulated, Pennsylvania Regulated and Rhode Island Regulated operations, along with information on allowed returns on equity and cost recovery mechanisms.

For users interested in capital structure and securities information, filings also cover instruments such as first mortgage bonds issued by LG&E and KU, equity distribution agreements and forward sale agreements involving PPL common stock. Where applicable, Form 4 insider transaction reports and proxy materials can shed light on insider activity and governance matters.

Stock Titan’s AI tools summarize lengthy PPL filings, highlight key terms, and surface items such as new debt obligations, changes in guidance, regulatory decisions and notable risks. Real-time updates from EDGAR ensure that new PPL filings, including 10-K, 10-Q, 8-K and Form 4 submissions, are quickly reflected, helping investors and researchers navigate the detailed regulatory record that accompanies PPL’s multi-jurisdiction utility operations.

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PPL Corp executive Wendy E. Stark reported equity transactions tied to performance stock units. On 02/20/2026, she exercised 14,621 performance stock units into 14,621 shares of common stock at a stated price of $37.44 per share. To cover taxes, 6,400 common shares were withheld under the Stock Incentive Plan, as noted in the footnotes. After these transactions, she directly owned 104,626.314 shares of PPL common stock, including dividend reinvestments. A separate footnote states that, as of 02/24/2026, she beneficially owned 107,757.948 performance units from multiple prior and recent grants.

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PPL Corp executive John Gregory Cornett reported equity award activity involving performance stock units and common shares. On February 20, 2026, he exercised 2,076 performance stock units into 2,076 shares of common stock at a stated price of $37.44 per share under the Stock Incentive Plan.

On the same date, 630 common shares were disposed of at $37.44 per share to cover tax obligations, with the shares withheld by the company as described in the plan. After these transactions, he directly owned 14,819.93 common shares. As of February 24, 2026, he also beneficially owned 25,998.551 performance units, which include multiple grants and dividend-equivalent credits earned over time.

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PPL Corp President and CEO Vincent Sorgi reported equity award activity tied to the company’s long-term incentive plan. On February 20, 2026, he exercised 68,775 Performance Stock Units (SIP), converting them into an equal number of PPL common shares at a stated price of $37.44 per share. On the same date, 30,103 common shares were withheld to cover tax obligations under the Stock Incentive Plan, leaving him with 645,492.264 common shares held directly, plus 178.31 shares held indirectly in an Employee Stock Ownership Plan trust. Footnotes explain that these units were earned at 151.5% of target based on PPL’s earnings growth over a three-year period ending December 31, 2025, with the award certification on January 29, 2026 and share calculations completed on February 20, 2026. As of February 24, 2026, he beneficially owned 566,500.837 performance units in total across multiple outstanding grants.

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PPL Corp executive vice president Lonnie E. Bellar converted 3,533 Performance Stock Units under the Stock Incentive Plan into 3,533 shares of common stock at a reference price of $37.44 per share. To cover tax obligations, 1,036 of these shares were withheld by the company, leaving Bellar with 42,161 common shares held directly after the transactions.

The performance units were earned at 151.5% of target based on the company’s earnings growth over a three-year period ending December 31, 2025, with the award determination made on January 29, 2026 and share calculations completed on February 20, 2026. As of February 24, 2026, Bellar also beneficially owned 51,112.992 performance units, including multiple prior grants and dividend-equivalent credits.

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PPL Corp Vice President and Controller Marlene C. Beers exercised performance stock units and received 3,282 shares of common stock on the vesting of a Stock Incentive Plan (SIP) award. The award was earned at 151.5% of target based on the company’s earnings growth over a three-year period ending 12/31/2025.

To cover taxes due at vesting, 945 of these shares were withheld by the company, leaving Beers with 54,953.075 directly owned common shares. She also has indirect investment power over 1,500 additional shares held by a family member and, as of 02/24/2026, beneficially owns 24,439.488 performance units from multiple SIP grants with dividend-equivalent credits.

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PPL Corporation is offering 20,000,000 Equity Units (each with a stated amount of $50), initially issued as Corporate Units, through a prospectus supplement dated February 23, 2026. The underwriters have a 13-day option to purchase up to an additional 3,000,000 Corporate Units to cover over-allotments.

Each Corporate Unit initially includes a purchase contract to buy PPL common stock on the purchase contract settlement date of February 15, 2029, and undivided beneficial interests equal to 1/40 in each of PPL Capital Funding’s Remarketable Senior Notes maturing on February 15, 2034 and February 15, 2039. PPL intends to seek listing of the Corporate Units on the NYSE under the symbol PPLU. The offering proceeds are intended for repayment of short-term debt and general corporate purposes.

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PPL Corporation filed its annual report describing a fully regulated utility business focused on Pennsylvania, Kentucky and Rhode Island. Through subsidiaries PPL Electric, LG&E, KU and RIE, it delivers electricity and natural gas to about 3.7 million customer accounts across roughly 19,200 square miles.

In 2025, the Kentucky Regulated segment produced $3.8 billion of operating revenues and $674 million of net income, Pennsylvania Regulated generated $3.1 billion of revenues and $639 million of net income, and Rhode Island Regulated delivered $2.2 billion of revenues and $85 million of net income.

The report highlights large regulated asset bases ($13.6 billion in Kentucky, $11.1 billion in Pennsylvania and $4.3 billion in Rhode Island) and ongoing investments in new natural gas combined-cycle generation, solar, battery storage and demand-side management, alongside a long‑term goal of net‑zero carbon emissions by 2050.

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PPL Corporation reported strong 2025 results and extended its long-term growth plan. Reported earnings were $1.18 billion, or $1.59 per share, up from $888 million, or $1.20 per share, in 2024. Earnings from ongoing operations rose to $1.81 per share from $1.69, a 7.1% increase.

Management issued 2026 earnings guidance of $1.90–$1.98 per share, with a midpoint of $1.94, about 7.2% above 2025 ongoing EPS. PPL extended its 6%–8% annual EPS growth target through at least 2029 and plans $23 billion of capital investments from 2026–2029, implying about 10.3% average annual rate base growth.

The company expects about $5.1 billion of infrastructure investments in 2026 and projects approximately $3 billion of equity needs from 2026–2029, of which about $1 billion was executed via forward sales in 2025. PPL also raised its quarterly dividend 4.6% to $0.2850 per share and now targets annual dividend growth of 4%–6%.

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PPL Corporation reports that the Kentucky Public Service Commission has issued orders on the 2025 rate cases for Louisville Gas and Electric and Kentucky Utilities. The orders approve annual electricity revenue increases of $59 million at LG&E and $128 million at KU, plus a $46 million annual gas revenue increase at LG&E, effective retroactively from January 1, 2026.

The Commission authorized returns on equity of 9.775% for base rates and 9.675% for capital adjustment mechanisms. It approved, with modifications, a temporary Pilot Generation Recovery Adjustment Clause to recover investments in specific new generation and storage projects and certain potential life-extension costs for Mill Creek Unit 2, while excluding some later-dated projects.

The orders also establish an Extremely High Load Factor Tariff aimed at large users such as data centers, with long-term contracts and minimum revenue protections. The Commission did not approve an earnings-sharing mechanism, and all parties may seek rehearing or appeal; PPL reaffirmed its long-term earnings growth targets but notes that final outcomes remain uncertain.

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T. Rowe Price Investment Management, Inc., a Maryland-based investment adviser, filed a Schedule 13G reporting beneficial ownership of 40,357,717 shares of PPL Corp common stock, representing 5.5% of the class as of 12/31/2025.

The firm reports sole voting power over 37,863,770 shares and sole dispositive power over 40,315,688 shares, with no shared voting or dispositive power. It states the securities were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of PPL, and expressly denies beneficial ownership beyond this disclosure.

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FAQ

What is the current stock price of PPL (PPL)?

The current stock price of PPL (PPL) is $38.07 as of March 12, 2026.

What is the market cap of PPL (PPL)?

The market cap of PPL (PPL) is approximately 28.3B.

PPL Rankings

PPL Stock Data

28.28B
745.39M
Utilities - Regulated Electric
Electric Services
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United States
ALLENTOWN

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