Form 4: PPL Corp Executive John Gregory Cornett Reports Stock Transactions
SEC Form 4 Filing
John Gregory Cornett, a President of a PPL Subsidiary, reported the acquisition and disposal of PPL Corp common stock and stock units on January 27, 2025.
Summary
- On January 27, 2025, John Gregory Cornett, President of a PPL Subsidiary, engaged in transactions involving PPL Corp common stock.
- Cornett acquired 1,166 shares of common stock at $33.51 per share through the vesting of stock units (ICPKE).
- Simultaneously, 431 shares were withheld by the company to cover taxes due upon the vesting of these units, at a price of $33.51.
- Following these transactions, Cornett directly owns 2,107 shares of PPL Corp common stock.
Sentiment
Score: 5
Explanation: This is a neutral filing, simply reporting required insider trading activity. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
This Form 4 filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency into the trading activities of company executives and their alignment with shareholder interests.
Stakeholder Impact
- The filing provides transparency to shareholders regarding executive compensation and stock ownership.
Key Dates
| Date | Description |
|---|---|
| 01/27/2025 | Date of stock acquisition, disposal, and vesting of stock units. |
| 01/29/2025 | Date of signature for the Form 4 filing. |
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