Form 4: PPL Corp Vice President and Controller, Marlene C. Beers, Reports Stock Transactions

Marlene C. Beers, Vice President and Controller of PPL Corp, reports acquisition and disposal of common stock and stock units related to the company's Stock Incentive Plan.

Summary

• On January 27, 2025, Marlene C. Beers, Vice President and Controller of PPL Corp, reported transactions involving PPL Corp common stock and stock units.
• Beers acquired 2,061.846 shares of common stock at a price of $33.51 per share through the vesting of stock units under the Stock Incentive Plan (SIP).
• Simultaneously, 703 shares were withheld by the company to cover taxes due upon the vesting of the stock units, also at $33.51 per share.
• Following these transactions, Beers directly owns 33,434.38 shares of PPL Corp common stock and indirectly owns 1,500 shares through family members.
• She also owns 0 derivative securities.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of stock transactions by a company insider, with no inherent positive or negative implications for the company's performance.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It allows investors to monitor the actions of company executives and their potential impact on the stock.

Stakeholder Impact

• The disclosure provides transparency to shareholders regarding insider transactions.
• The transactions themselves are unlikely to have a significant impact on other stakeholders.

Key Dates