PPL.NYSEPpl CORP

Form 4: PPL Corp Executive Angela K. Gosman Reports Stock Transactions

Sentiment:

SEC Form 4 Filing

📋All filings for Ppl CORP
🔒Login to Follow

EVP and CHRO of PPL Corp, Angela K. Gosman, reports the acquisition and disposal of common stock and stock units related to the Incentive Compensation Plan for Key Employees (ICPKE).

Summary

  • On January 21, 2024, Angela K. Gosman, EVP and CHRO of PPL Corp, engaged in transactions involving PPL common stock and stock units.
  • Gosman acquired 1,144 shares of common stock at a price of $26.01 per share through the vesting of stock units under the Incentive Compensation Plan for Key Employees (ICPKE).
  • Simultaneously, 390 shares were withheld by the company to cover taxes due upon the vesting of the stock units, also at a price of $26.01 per share.
  • Following these transactions, Gosman directly owns 4,034 shares of PPL common stock.
  • This Form 4 filing replaces an initial filing from January 23, 2024, which incorrectly identified Kentucky Utilities Company as the issuer due to a technical error.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing stock transactions by an executive, with no inherent positive or negative sentiment.

Industry Context

Form 4 filings are standard disclosures required by the SEC for corporate insiders, providing transparency into their trading activities and potential alignment with shareholder interests.

Stakeholder Impact

  • The filing provides transparency to shareholders regarding executive compensation and stock ownership.

Key Dates

DateDescription
01/21/2024Date of stock transactions (acquisition and disposal).
01/21/2024Stock units vested.
01/23/2024Date of initial incorrect Form 4 filing.
03/05/2024Date of corrected Form 4 filing.

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.