Form 4: PPL Corp Executive Joseph P. Bergstein Jr. Reports Stock Transactions

Executive Vice President and CFO of PPL Corp, Joseph P. Bergstein Jr., reports acquisition and disposal of PPL common stock and stock units on January 27, 2025.

Summary

• On January 27, 2025, Joseph P. Bergstein Jr., EVP and CFO of PPL Corp, reported transactions involving PPL common stock and stock units.
• Bergstein acquired 11,804.907 shares of common stock at a price of $33.51.
• He also disposed of 3,585 shares to cover tax obligations related to the vesting of stock units.
• Following these transactions, Bergstein directly owns 105,829.475 shares of common stock.
• Additionally, he indirectly owns 383.283 shares through the Employee Stock Ownership Plan and 60.737 shares as custodian for children under the Dividend Reinvestment Plan.
• He also disposed of 11,804.907 stock units (SIP) that vested on the same date.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing stock transactions by an executive. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Industry Context

Form 4 filings are standard practice and provide transparency into the trading activities of company insiders, which is crucial for maintaining market integrity and investor confidence. These filings are closely monitored by investors to gauge executive sentiment and potential future performance.

Stakeholder Impact

• The filing provides transparency to shareholders regarding executive stock transactions.
• The transactions may have a minor impact on the company's stock price.

Key Dates