Form 4: PPL Corp Executive Angela K. Gosman Reports Stock Transactions
SEC Form 4
EVP and CHRO of PPL Corp, Angela K. Gosman, reports acquisition and disposal of common stock and performance stock units.
Summary
- On February 13, 2025, Angela K. Gosman, EVP and CHRO of PPL Corp, acquired 5,615 shares of common stock at $34.41 per share.
- On the same day, 1,616 shares were withheld to cover taxes.
- Following these transactions, Gosman directly owns 33,364.598 shares of PPL Corp common stock.
- She also holds 77,375.372 performance stock units as of February 18, 2025.
- The performance stock units were earned based on the company's earnings growth over a three-year performance period ending December 31, 2024, with the determination of the percentage earned made by the People and Compensation Committee on January 30, 2025.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions, which carries a neutral sentiment. It reflects routine compensation and tax-related activities.
Positives
- The vesting of performance stock units indicates that the company met certain earnings growth targets over the three-year performance period.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is common in publicly traded companies. It provides transparency into the executive's holdings and transactions in the company's stock.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect routine executive compensation and stock ownership changes.
Key Dates
| Date | Description |
|---|---|
| 01/20/2023 | Date of three performance unit grants: (a) 11,098.489, (b) 5,549.782, and (c) 5,549.782 |
| 01/25/2024 | Date of three performance unit grants: (a) 15,140.643, (b) 7,570.838, and (c) 7,570.838 |
| 12/31/2024 | End of the three-year performance period for the Stock Incentive Plan (SIP). |
| 01/30/2025 | People and Compensation Committee determined the percentage of the award earned. |
| 02/13/2025 | Date of common stock acquisition and tax withholding. |
| 02/18/2025 | Date of the Form 4 filing. |
Keywords
PPL Corp, Angela K. Gosman, Stock Incentive Plan, Performance Stock Units, Common Stock, Beneficial Ownership, Form 4, Transactions, EVP and CHRO
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