PPL.NYSEPpl CORP

Form 4: PPL Corp Director Art P. Beattie Reports Stock Unit Acquisition

Sentiment:

SEC Form 4


Director Art P. Beattie reports acquisition of stock units in PPL Corp through the Directors Deferred Compensation Plan.

Summary

  • On April 1, 2025, Art P. Beattie, a director of PPL Corp, acquired 1,698.558 stock units under the Directors Deferred Compensation Plan (DDCP).
  • The price per stock unit was $36.06.
  • Following the transaction, Beattie directly owns 40,918.674 shares of PPL Corp common stock, which includes reinvested dividends.
  • The stock units will be paid out following Beattie'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.

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 common for publicly traded companies with deferred compensation plans for their directors. It provides transparency into the holdings of company insiders.

Stakeholder Impact

  • The transaction provides transparency to shareholders regarding the director's holdings in the company.

Key Dates

DateDescription
04/01/2025Date of stock unit acquisition
04/03/2025Date of Form 4 filing

Keywords

PPL Corp, Director, Stock Units, Form 4, DDCP, Beneficial Ownership, Securities

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