Form 4: PPL Corp Executive Wendy E. Stark Reports Stock Transactions
SEC Form 4 Filing
Wendy E. Stark, EVP, CLO & Corp Sec of PPL Corp, reports acquisition and disposal of common stock and stock units on April 12, 2024.
Summary
- On April 12, 2024, Wendy E. Stark, EVP, CLO & Corp Sec of PPL Corp, engaged in transactions involving PPL Corp's common stock and stock units.
- She acquired 4,792.73 shares of common stock at a price of $26.63 through the vesting of stock units.
- Simultaneously, 2,098 shares were withheld by the company to cover taxes due upon the vesting of the stock units, at a price of $26.63.
- Following these transactions, Stark directly owns 20,373.73 shares of PPL Corp common stock.
- She also owns 0 derivative securities.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions by an executive, with no inherent positive or negative sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to track executive compensation and potential alignment of interests.
Stakeholder Impact
- The transactions provide transparency to shareholders regarding executive compensation and ownership.
Key Dates
| Date | Description |
|---|---|
| 04/12/2024 | Date of stock transactions (acquisition and disposal) and vesting of stock units. |
| 04/15/2024 | Date of signature on the Form 4 filing. |
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