Form 4: PPL Corp Director Linda G. Sullivan Reports Stock Unit Acquisition
SEC Form 4 Filing
Director Linda G. Sullivan acquired stock units in PPL Corp through the Directors Deferred Compensation Plan on April 1, 2025.
Summary
- On April 1, 2025, Linda G. Sullivan, a director of PPL Corp, acquired 1,178.591 stock units under the Directors Deferred Compensation Plan (DDCP).
- The price per stock unit was $36.06.
- Following the transaction, Sullivan directly owns 14,357.085 stock units, which includes reinvested dividends.
- The stock units will be paid out following Sullivan's retirement.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing a routine transaction. It doesn't contain information that would significantly sway investor sentiment positively or negatively.
Future Outlook
The stock units will be paid out 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 has a minimal direct impact on stakeholders as it relates to director compensation and does not significantly alter the company's financial position.
Key Dates
| Date | Description |
|---|---|
| 04/01/2025 | Date of stock unit acquisition |
| 04/03/2025 | Date of Form 4 filing |
Keywords
PPL Corp, Director, Stock Units, Acquisition, DDCP, Linda G. Sullivan, Form 4, Beneficial Ownership
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.