PPL Electric Utilities Corporation, a subsidiary of PPL Corporation, issued $500,000,000 of First Mortgage Bonds, 5.75% Series due May 15, 2056. The bonds were sold under an underwriting agreement with a syndicate led by MUFG Securities Americas, PNC Capital Markets, U.S. Bancorp Investments, and Wells Fargo Securities.
The bonds were issued under PPL Electric's 2001 Indenture, as supplemented, and are secured by a lien on substantially all of its distribution properties and certain transmission properties, subject to stated exceptions. PPL Electric plans to use the net proceeds to repay short-term debt and for general corporate purposes.
PPL Electric Utilities Corporation, a subsidiary of PPL Corporation, issued $500,000,000 of First Mortgage Bonds, 5.75% Series due May 15, 2056. The bonds were sold under an underwriting agreement with a syndicate led by MUFG Securities Americas, PNC Capital Markets, U.S. Bancorp Investments, and Wells Fargo Securities.
The bonds were issued under PPL Electric's 2001 Indenture, as supplemented, and are secured by a lien on substantially all of its distribution properties and certain transmission properties, subject to stated exceptions. PPL Electric plans to use the net proceeds to repay short-term debt and for general corporate purposes.
T. Rowe Price Investment Management, Inc. reports beneficial ownership of 20,715,906 shares of PPL CORP common stock, representing 2.8% of the class as disclosed for the period ending 03/31/2026. The filing states sole voting power of 19,500,688 shares and sole dispositive power of 20,715,906 shares. The filer affirms the filing should not be construed as an admission of beneficial ownership.
T. Rowe Price Investment Management, Inc. reports beneficial ownership of 20,715,906 shares of PPL CORP common stock, representing 2.8% of the class as disclosed for the period ending 03/31/2026. The filing states sole voting power of 19,500,688 shares and sole dispositive power of 20,715,906 shares. The filer affirms the filing should not be construed as an admission of beneficial ownership.
PPL Corporation reported results of its 2026 Annual Meeting of Shareowners held on May 13, 2026. Shareowners elected all nine director nominees, each receiving over 585 million votes in favor, with broker non-votes just over 69 million for each nominee.
Shareowners also approved, on an advisory basis, the 2025 compensation of the company’s named executive officers, with about 580,083,934 votes for and 18,747,637 against. They approved the PPL Corporation Second Amended and Restated 2012 Stock Incentive Plan, with 582,471,858 votes for, and ratified Deloitte & Touche LLP as independent registered public accounting firm for the year ending December 31, 2026, with 662,634,703 votes for.
PPL Corporation reported results of its 2026 Annual Meeting of Shareowners held on May 13, 2026. Shareowners elected all nine director nominees, each receiving over 585 million votes in favor, with broker non-votes just over 69 million for each nominee.
Shareowners also approved, on an advisory basis, the 2025 compensation of the company’s named executive officers, with about 580,083,934 votes for and 18,747,637 against. They approved the PPL Corporation Second Amended and Restated 2012 Stock Incentive Plan, with 582,471,858 votes for, and ratified Deloitte & Touche LLP as independent registered public accounting firm for the year ending December 31, 2026, with 662,634,703 votes for.
PPL Corporation reported higher results for the quarter ended March 31, 2026. Operating revenues rose to $2,774 million from $2,504 million a year earlier, while net income increased to $452 million from $414 million. Basic and diluted earnings per share grew to $0.60 from $0.56.
Operating cash flow strengthened to $557 million, supporting heavy capital investment of $1,058 million in property, plant and equipment, mainly across regulated utilities in Pennsylvania, Kentucky and Rhode Island. Long‑term debt outstanding increased to $19,024 million, helped by $1,150 million of new issuances.
The Kentucky Regulated segment generated net income of $270 million, Pennsylvania Regulated $184 million and Rhode Island Regulated $36 million. Regulators in Kentucky approved base rate increases totaling $233 million of annual electric and gas revenues and authorized returns on equity of 9.775% for base rates and 9.675% for capital riders, alongside a new pilot generation recovery mechanism and a tariff aimed at very high-load customers such as data centers.
In Rhode Island, RIE requested a two‑year electric and gas base distribution rate plan seeking about $181 million of additional first‑year revenues and $49 million more in the second year, with a proposed 10.75% ROE. PPL also described ongoing work to satisfy a hold‑harmless commitment to Rhode Island customers via bill credits and noted that recent federal tax law changes, including the One Big Beautiful Bill Act and related IRS guidance, are not currently expected to materially limit its clean energy tax credits.
PPL Corporation reported higher results for the quarter ended March 31, 2026. Operating revenues rose to $2,774 million from $2,504 million a year earlier, while net income increased to $452 million from $414 million. Basic and diluted earnings per share grew to $0.60 from $0.56.
Operating cash flow strengthened to $557 million, supporting heavy capital investment of $1,058 million in property, plant and equipment, mainly across regulated utilities in Pennsylvania, Kentucky and Rhode Island. Long‑term debt outstanding increased to $19,024 million, helped by $1,150 million of new issuances.
The Kentucky Regulated segment generated net income of $270 million, Pennsylvania Regulated $184 million and Rhode Island Regulated $36 million. Regulators in Kentucky approved base rate increases totaling $233 million of annual electric and gas revenues and authorized returns on equity of 9.775% for base rates and 9.675% for capital riders, alongside a new pilot generation recovery mechanism and a tariff aimed at very high-load customers such as data centers.
In Rhode Island, RIE requested a two‑year electric and gas base distribution rate plan seeking about $181 million of additional first‑year revenues and $49 million more in the second year, with a proposed 10.75% ROE. PPL also described ongoing work to satisfy a hold‑harmless commitment to Rhode Island customers via bill credits and noted that recent federal tax law changes, including the One Big Beautiful Bill Act and related IRS guidance, are not currently expected to materially limit its clean energy tax credits.
PPL Corporation reported stronger first-quarter 2026 results and maintained its outlook. Revenue rose to $2.77 billion from $2.50 billion, and GAAP net income increased to $452 million, or $0.60 per share, up from $414 million, or $0.56 per share, a year earlier.
Non-GAAP earnings from ongoing operations were $478 million, or $0.63 per share, compared with $444 million, or $0.60 per share, in 2025. Kentucky drove most of the per-share improvement, while Pennsylvania and Rhode Island contributed steady ongoing earnings.
PPL reaffirmed its 2026 ongoing earnings forecast of $1.90 to $1.98 per share (midpoint $1.94) and its 6%–8% annual EPS growth target through at least 2029, expecting compound growth near the top of that range. Management highlighted plans for $5.1 billion of 2026 infrastructure investments, regulatory progress in Pennsylvania and Rhode Island, and continued build-out of new gas, solar and battery generation in Kentucky.
PPL Corporation reported stronger first-quarter 2026 results and maintained its outlook. Revenue rose to $2.77 billion from $2.50 billion, and GAAP net income increased to $452 million, or $0.60 per share, up from $414 million, or $0.56 per share, a year earlier.
Non-GAAP earnings from ongoing operations were $478 million, or $0.63 per share, compared with $444 million, or $0.60 per share, in 2025. Kentucky drove most of the per-share improvement, while Pennsylvania and Rhode Island contributed steady ongoing earnings.
PPL reaffirmed its 2026 ongoing earnings forecast of $1.90 to $1.98 per share (midpoint $1.94) and its 6%–8% annual EPS growth target through at least 2029, expecting compound growth near the top of that range. Management highlighted plans for $5.1 billion of 2026 infrastructure investments, regulatory progress in Pennsylvania and Rhode Island, and continued build-out of new gas, solar and battery generation in Kentucky.
PPL Corp reports a Schedule 13G showing 7.31% beneficial ownership by Vanguard Capital Management. Vanguard Capital Management reports 54,981,572 shares beneficially owned, with 7,782,934 shares of sole voting power and sole dispositive power over the full 54,981,572 shares. The filing is signed by Ashley Grim on 04/30/2026.
PPL Corp reports a Schedule 13G showing 7.31% beneficial ownership by Vanguard Capital Management. Vanguard Capital Management reports 54,981,572 shares beneficially owned, with 7,782,934 shares of sole voting power and sole dispositive power over the full 54,981,572 shares. The filing is signed by Ashley Grim on 04/30/2026.
Franklin Resources, Inc. reports beneficial ownership of 43,836,112 shares of PPL Corp common stock, representing 5.8% of the class as of March 31, 2026.
The filing states this holding reflects aggregated positions managed by Franklin's investment management subsidiaries after an internal realignment that ceased separate reporting by Franklin Mutual Advisers and Brandywine Global. The schedule lists voting and dispositive power allocations across named subsidiaries, including Putnam and Franklin Advisers.
Franklin Resources, Inc. reports beneficial ownership of 43,836,112 shares of PPL Corp common stock, representing 5.8% of the class as of March 31, 2026.
The filing states this holding reflects aggregated positions managed by Franklin's investment management subsidiaries after an internal realignment that ceased separate reporting by Franklin Mutual Advisers and Brandywine Global. The schedule lists voting and dispositive power allocations across named subsidiaries, including Putnam and Franklin Advisers.
PPL Corp executive vice president Lonnie E. Bellar reported routine equity compensation activity involving restricted stock units under the company’s Stock Incentive Plan. On 04/24/2026, 81.449 stock units vested and were converted into common stock, reflecting the first installment of a 245.380-unit grant awarded on 04/25/2025.
To cover taxes due at vesting, the company withheld 37 common shares at $38.75 per share at Bellar’s request, a non‑market tax-withholding disposition. Following these transactions, Bellar directly held 42,205.449 shares of PPL common stock, including shares from dividend reinvestment. Remaining installments of the original grant are scheduled to vest in 2027 and 2028.
PPL Corp executive vice president Lonnie E. Bellar reported routine equity compensation activity involving restricted stock units under the company’s Stock Incentive Plan. On 04/24/2026, 81.449 stock units vested and were converted into common stock, reflecting the first installment of a 245.380-unit grant awarded on 04/25/2025.
To cover taxes due at vesting, the company withheld 37 common shares at $38.75 per share at Bellar’s request, a non‑market tax-withholding disposition. Following these transactions, Bellar directly held 42,205.449 shares of PPL common stock, including shares from dividend reinvestment. Remaining installments of the original grant are scheduled to vest in 2027 and 2028.
PPL Corp executive David J. Bonenberger, EVP & COO-Utilities, reported routine equity compensation activity involving company common stock. On April 24, 2026, he exercised 216.511 stock units under the Stock Incentive Plan (SIP) into common shares at $38.75 per share, converting a derivative award into direct ownership.
To cover taxes from the vesting, 95 shares were withheld by the company at his request at the same $38.75 price, a tax-withholding disposition rather than an open-market sale. After these transactions, he directly holds 71,961.252 common shares.
The filing also shows indirect holdings of 100 shares by his spouse in an IRA and 5,111.129 shares held in trust through the Employee Stock Ownership Plan. Footnotes note that the 216.511 units represent the first installment of a 649.535-unit restricted stock grant from April 25, 2025, with further installments scheduled to vest in 2027 and 2028.
PPL Corp executive David J. Bonenberger, EVP & COO-Utilities, reported routine equity compensation activity involving company common stock. On April 24, 2026, he exercised 216.511 stock units under the Stock Incentive Plan (SIP) into common shares at $38.75 per share, converting a derivative award into direct ownership.
To cover taxes from the vesting, 95 shares were withheld by the company at his request at the same $38.75 price, a tax-withholding disposition rather than an open-market sale. After these transactions, he directly holds 71,961.252 common shares.
The filing also shows indirect holdings of 100 shares by his spouse in an IRA and 5,111.129 shares held in trust through the Employee Stock Ownership Plan. Footnotes note that the 216.511 units represent the first installment of a 649.535-unit restricted stock grant from April 25, 2025, with further installments scheduled to vest in 2027 and 2028.
PPL Corp President and CEO Vincent Sorgi reported a Form 4 showing a bona fide gift of 33,000 shares of Common Stock on April 8, 2026. The gift was made at no stated price per share and reflects a non-market disposition.
After this gift, Sorgi directly holds 612,492.264 shares of PPL common stock. He also has an indirect holding of 179.638 shares held in trust pursuant to the Employee Stock Ownership Plan, where totals include the reinvestment of dividends.
PPL Corp President and CEO Vincent Sorgi reported a Form 4 showing a bona fide gift of 33,000 shares of Common Stock on April 8, 2026. The gift was made at no stated price per share and reflects a non-market disposition.
After this gift, Sorgi directly holds 612,492.264 shares of PPL common stock. He also has an indirect holding of 179.638 shares held in trust pursuant to the Employee Stock Ownership Plan, where totals include the reinvestment of dividends.