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PPL Corp director Craig A. Rogerson received a grant of 1,228.243 Stock Units under the company’s Directors Deferred Compensation Plan (DDCP) on July 1, 2026. Each unit is valued at $35.62 and represents an equivalent number of shares of common stock, with no exercise price. Under the plan, payout of the underlying common stock occurs after the director’s retirement, making this a deferred compensation award rather than an open-market purchase. Following this grant, Rogerson directly holds a total of 248,672.56 stock units, a figure that includes the reinvestment of dividends.
PPL Corp director Heather B. Redman reported a compensation-related award of stock units rather than an open-market trade. She acquired 1,228.243 Stock Units under the Directors Deferred Compensation Plan (DDCP), each tied to an equivalent number of common shares. Under the DDCP, payout of the underlying securities occurs after a director’s retirement, so this functions as deferred compensation. Following this award and dividend reinvestment, her total DDCP-related stock units increased to 28,938.601.
PPL Corp director Linda G. Sullivan reported receiving 1,228.243 stock units under the company’s Directors Deferred Compensation Plan (DDCP). Each unit corresponds to one share of PPL common stock, with a reference price of $35.6200.
The DDCP units have no exercise or conversion price; according to the plan, the underlying securities are paid out only after the director’s retirement. Following this award and related dividend reinvestments, Sullivan now holds a total of 21,041.443 DDCP stock units tied to PPL common stock.
PPL Corp director Madabhushi Venkata R received a grant of stock units under the company’s Directors Deferred Compensation Plan (DDCP). On the transaction date, the director acquired 1,228.243 DDCP stock units tied to PPL common stock, using a reference value of $35.62 per unit.
Under the DDCP, there is no exercise price and the underlying securities are paid out after the director’s retirement. Following this award and dividend reinvestment, the director’s total DDCP-related stock units amount to 97,394.200.
BEATTIE ART P reported acquisition or exercise transactions in this Form 4 filing.
PPL Corp director Art P. Beattie reported a compensation-related grant of 1,445.817 Stock Units under the Directors Deferred Compensation Plan (DDCP) at a reference value of $35.62 per unit. Each unit represents the right to receive an equivalent number of PPL common shares after the director’s retirement, rather than immediate stock. Following this award and dividend reinvestment, Beattie now holds a total of 50,384.217 Stock Units under the plan.
PPL Corporation has elected veteran energy executive Kenneth M. Hartwick to its Board of Directors, effective July 1, 2026. He will serve on the Board’s People and Compensation Committee and Finance Committee and will receive the same compensation as other non-employee directors.
The Board determined that Hartwick meets its independence guidelines and the New York Stock Exchange independence rules. With his appointment, PPL’s Board will have 10 directors, including eight independent directors, an independent Chair and PPL’s president and chief executive officer.
Hartwick brings extensive utility and energy experience, including service as president and chief executive officer of Ontario Power Generation from 2019 to 2025, prior CFO and strategy roles there, and board roles at MYR Group Inc., Denison Mines Corp., the Independent Electricity System Operator of Ontario and the Investment Management Corporation of Ontario.
PPL Corp executive John Gregory Cornett, President of a PPL subsidiary, sold 7,051 shares of Common Stock in an open-market transaction at $35.56 per share on June 12, 2026. The sale was executed under a pre-arranged Rule 10b5-1 trading plan dated March 12, 2026, indicating it was scheduled in advance. After this transaction, he directly holds 7,768.93 PPL shares.
PPL affiliate submitted a Form 144 notice proposing sale of vested restricted common stock. The filing lists multiple restricted stock vesting events with specific share amounts and dates, including 592 shares (02/14/2022), 340 shares (02/14/2023), 440 shares (02/18/2024), 735 shares (01/27/2025), 4,413 shares (01/30/2025), and 531 shares (02/13/2025). The broker shown is Fidelity Brokerage Services LLC.
PPL Electric Utilities, a subsidiary of PPL Corporation, received approval to increase its annual base distribution revenue by approximately $275 million, effective July 1, 2026. The Pennsylvania Public Utility Commission approved a settlement that supports grid reliability investments and expanded customer assistance programs.
The decision will raise residential customer bills by 3.23%, including an estimated $6.48 per month increase for a typical 1,000 kWh residential bill. Commercial customers at 1,000 kWh / 3 kW will see a $4.08 monthly increase, and industrial customers at 150,000 kWh / 500 kW will see a $332.54 monthly increase.
The settlement creates a new large-load customer rate class with binding commitments of at least 10 years, helping ensure these users cover related infrastructure costs. Beginning in 2027, $11 million annually in low-income program assistance will be assigned to these large-load customers through a non-bypassable charge. PPL Electric will not increase base distribution rates for at least two years after implementation, marking its first base rate increase since 2016.
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.