Form 4: PPL Corp Director Craig A. Rogerson Reports Acquisition of Stock Units
SEC Form 4
Director Craig A. Rogerson reports acquisition of PPL Corp stock units under the Directors Deferred Compensation Plan.
Summary
- Craig A. Rogerson, a director of PPL Corp, reported acquiring 3,611.195 stock units on October 1, 2024.
- The acquisition was made under the Directors Deferred Compensation Plan (DDCP).
- The price per stock unit was $33.23.
- Following the transaction, Rogerson beneficially owns 218,260.178 shares of common stock, which includes reinvested dividends.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it is a standard reporting of stock unit acquisition by a director.
Future Outlook
The payout of the underlying securities will occur following the director's retirement, according to the terms of the Directors Deferred Compensation Plan.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding director compensation and ownership.
Key Dates
| Date | Description |
|---|---|
| 10/01/2024 | Date of transaction: Acquisition of stock units. |
| 10/02/2024 | Date of signature on the report. |
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