Form 4: PPL Corp Director Armando Zagalo de Lima Reports Stock Unit Acquisition

Director Armando Zagalo de Lima acquired stock units in PPL Corp through the Directors Deferred Compensation Plan.

Summary

• On October 1, 2024, Armando Zagalo de Lima, a director of PPL Corp, acquired 2,294.614 stock units through the Directors Deferred Compensation Plan (DDCP).
• The price per stock unit was $33.23.
• Following the transaction, de Lima directly owns 114,588.291 shares of PPL Corp common stock, which includes reinvested dividends.
• The stock units will be paid out following the director's retirement.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects a director's continued investment in the company through a standard compensation plan.

Positives

• The director's participation in the DDCP demonstrates a continued investment in the company's future.

Future Outlook

The payout of the underlying securities will occur following the director's retirement.

Industry Context

This filing is a routine disclosure of a director's stock unit acquisition, which is a common practice in corporate governance to align the interests of directors with those of shareholders.

Stakeholder Impact

• The transaction has a minor positive impact on stakeholders as it demonstrates the director's alignment with shareholder interests.

Key Dates