Home/Filings/4/0000950170-25-012359
4//SEC Filing

Bergstein Joseph P Jr 4

Accession 0000950170-25-012359

CIK 0000922224other

Filed

Feb 2, 7:00 PM ET

Accepted

Feb 3, 4:35 PM ET

Size

27.4 KB

Accession

0000950170-25-012359

Insider Transaction Report

Form 4
Period: 2025-01-30
Transactions
  • Award

    Stock Unit (SIP)

    2025-01-30+11,27511,275 total
    Common Stock (11,275 underlying)
  • Exercise/Conversion

    Performance Stock Unit (SIP)

    2025-01-3037,0900 total
    Common Stock (37,090 underlying)
  • Award

    Performance Stock Unit (SIP)

    2025-01-30+11,27511,275 total
    Common Stock (11,275 underlying)
  • Exercise/Conversion

    Common Stock

    2025-01-30$33.47/sh+23,096$773,023128,925.475 total
  • Tax Payment

    Common Stock

    2025-01-30$33.47/sh16,235$543,385142,377.475 total
  • Award

    Performance Stock Unit (SIP)

    2025-01-30+22,55022,550 total
    Common Stock (22,550 underlying)
  • Award

    Performance Stock Unit (SIP)

    2025-01-30+11,27511,275 total
    Common Stock (11,275 underlying)
  • Tax Payment

    Common Stock

    2025-01-30$33.47/sh7,403$247,778121,522.475 total
  • Exercise/Conversion

    Common Stock

    2025-01-30$33.47/sh+37,090$1,241,402158,612.475 total
  • Exercise/Conversion

    Performance Stock Unit (SIP)

    2025-01-3023,0960 total
    Common Stock (23,096 underlying)
Holdings
  • Common Stock

    (indirect: By Trust)
    383.283
  • Common Stock

    (indirect: By Children)
    60.737
Footnotes (11)
  • [F1]Total includes the reinvestment of dividends.
  • [F10]No conversion or exercise price or exercise or expiration date applies. Under the terms of the Stock Incentive Plan (SIP), the underlying securities were earned (157.10%) based on the Company's performance relative to an industry peer group over a three-year performance period ending 12/31/2024. Determination of the percentage of the award earned was made by the People and Compensation Committee on 01/30/2025 and calculation of the underlying shares to be delivered, net of withholding, was completed on [date].
  • [F11]No conversion or exercise price or exercise or expiration date applies. Under the terms of the Stock Incentive Plan (SIP), the underlying securities were earned (195.64%) based on the Company's achievements of certain ESG-related metrics over a three-year performance period ending 12/31/2024. Determination of the percentage of the award earned was made by the People and Compensation Committee on 01/30/2025 and calculation of the underlying shares to be delivered, net of withholding, was completed on 01/30/2025.
  • [F2]Shares withheld by the company at the request of the executive officer to pay taxes due following expiration of the applicable restriction period, under the terms of the Stock Incentive Plan (SIP).
  • [F3]No conversion or exercise price applies. Under the terms of the Stock Incentive Plan (SIP), a restricted stock unit converts to a share of common stock on the applicable vesting date.
  • [F4]The total grant of 11,275 restricted stock units will vest in three equal installments on 01/30/2026, 01/30/2027, and 01/30/2028.
  • [F5]As of 02/03/2025, total restricted stock units beneficially owned is 38,639.851. This total includes the 01/20/2023 grant of 13,517.927 restricted stock units and the 01/25/2024 grant of 13,846.924 restricted stock units, plus in each case, the incremental addition of restricted stock units credited to the original grant in amounts equal to dividend equivalents deemed earned on shares underlying such restricted stock units, and the 01/30/2025 grant of 11,275 restricted stock units.
  • [F6]No conversion or exercise price or exercise or expiration date applies. Under the terms of the Stock Incentive Plan (SIP), all, some or none of the underlying securities will be earned depending on the Company's performance relative to an industry peer group over a three-year performance period ending 12/31/2027. Determination of number of underlying securities that have been earned, if any, will be made by the People and Compensation Committee in January 2028.
  • [F7]As of 02/03/2025, total performance units beneficially owned is 166,366.236. This total includes the 01/27/2022 grant of 11,804.907 performance units, the three 01/20/2023 grants of (a) 27,034.78, (b) 13,517.927, and (c) 13,517.927 performance units and the three 01/25/2024 grants of (a) 27,693.847, (b) 13,846.924, and (c) 13,846.924 performance units, plus in each case, the incremental addition of performance units credited to the original grant in amounts equal to dividend equivalents deemed earned on shares underlying such performance units, and the three 01/30/2025 grants of (a) 22,550, (b) 11,275, and (c) 11,275 performance units.
  • [F8]No conversion or exercise price or exercise or expiration date applies. Under the terms of the Stock Incentive Plan (SIP), all, some or none of the underlying securities will be earned depending on the Company's earnings growth over a three-year performance period ending 12/31/2026. Determination of number of underlying securities that have been earned, if any, will be made by the People and Compensation Committee in January 2027.
  • [F9]No conversion or exercise price or exercise or expiration date applies. Under the terms of the Stock Incentive Plan (SIP), all, some or none of the underlying securities will be earned depending on the Company's achievement of certain long-term sustainability-related metrics over a three-year performance period ending 12/31/2026. Determination of number of underlying securities that have been earned, if any, will be made by the People and Compensation Committee in January 2027.

Documents

1 file

Issuer

PPL Corp

CIK 0000922224

Entity typeother

Related Parties

1
  • filerCIK 0001661030

Filing Metadata

Form type
4
Filed
Feb 2, 7:00 PM ET
Accepted
Feb 3, 4:35 PM ET
Size
27.4 KB