Form 4: PPL Corp Executive Tadd J. Henninger Sells Shares Under 10b5-1 Plan

Tadd J. Henninger, SVP-Finance and Treasurer of PPL Corp, sold 2,248 shares of common stock at $33.86 per share on February 18, 2025, under a pre-arranged 10b5-1 trading plan.

Summary

• On February 18, 2025, Tadd J. Henninger, SVP-Finance and Treasurer of PPL Corp, sold 2,248 shares of PPL common stock.
• The sale was executed at a price of $33.86 per share.
• The transaction was conducted under a pre-existing 10b5-1 trading plan established on May 30, 2024.
• Following the transaction, Henninger directly owns 11,259.087 shares of PPL common stock.
• Henninger also indirectly owns 98.509 shares held in trust pursuant to the Employee Stock Ownership Plan, which includes reinvested dividends.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing a stock sale under a pre-arranged plan, indicating a neutral sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. Sales under 10b5-1 plans are common and allow insiders to sell shares without being accused of trading on non-public information.

Stakeholder Impact

• The sale of shares by an executive could be perceived negatively by some shareholders, but the existence of a 10b5-1 plan mitigates this concern.

Key Dates

Keywords

PPL Corp, Form 4, Insider Trading, Tadd J. Henninger, 10b5-1 Plan, Stock Sale, SVP-Finance and Treasurer, Beneficial Ownership