Form 4: PPL Corp Executive Christine M. Martin Reports Stock Transactions
SEC Form 4 Filing
Christine M. Martin, President of a PPL subsidiary, reports the acquisition and disposal of PPL Corp common stock and stock units on January 21, 2024.
Summary
- Christine M. Martin, President of a PPL subsidiary, filed a Form 4 detailing changes in beneficial ownership of PPL Corp stock.
- On January 21, 2024, Martin acquired 1,776 shares of common stock at $26.01 per share and disposed of 606 shares for tax purposes at the same price.
- These transactions resulted in Martin directly owning 20,727.442 shares of common stock and indirectly owning 229.695 shares through an Employee Stock Ownership Plan.
- Martin also reported the vesting and disposal of 1,776 stock units (ICPKE) on the same date.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions, with no inherent positive or negative implications for the company's performance.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, as required by the SEC. It provides transparency to investors regarding insider activity.
Stakeholder Impact
- The transactions have a minimal impact on stakeholders as they represent routine executive compensation activities.
Key Dates
| Date | Description |
|---|---|
| 01/21/2024 | Date of stock and derivative security transactions and vesting of stock units. |
| 01/23/2024 | Initial filing date of Form 4 with incorrect issuer. |
| 03/05/2024 | Date of amended Form 4 filing with correct issuer. |
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