Form 4: PPL Corp Executive Tadd J. Henninger Reports Stock Transactions
SEC Form 4 Filing
Tadd J. Henninger, SVP-Finance and Treasurer of PPL Corp, reports the acquisition and disposal of PPL common stock and stock units on January 27 and 28, 2025.
Summary
- On January 27, 2025, Tadd J. Henninger acquired 2,161.555 shares of PPL Corp common stock at $33.51 per share.
- On the same day, 737 shares were withheld by the company to cover taxes related to the Stock Incentive Plan (SIP) at a price of $33.51.
- Henninger also disposed of 1,424 shares of common stock on January 28, 2025, at $33.48 per share, pursuant to a 10b5-1 plan.
- Following these transactions, Henninger directly owns 11,259.087 shares and indirectly owns 98.509 shares held in trust through the Employee Stock Ownership Plan.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
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 key personnel and their holdings in the company.
Stakeholder Impact
- The transactions may have a minor impact on shareholders by slightly altering the ownership structure.
- The tax withholding impacts the executive's net compensation.
Key Dates
| Date | Description |
|---|---|
| May 30, 2024 | Date of the 10b5-1 plan. |
| January 27, 2025 | Acquisition of 2,161.555 shares of common stock and withholding of 737 shares for taxes. |
| January 28, 2025 | Sale of 1,424 shares of common stock pursuant to a 10b5-1 plan. |
| January 29, 2025 | Date of the form filing. |
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