Gosman Angela K 4
Research Summary
AI-generated summary
PPL EVP Angela Gosman Exercises 5,722 Shares Upon Vesting
What Happened
- Angela K. Gosman, EVP and Chief Human Resources Officer of PPL Corporation, had 5,722.601 derivative units convert into common shares upon vesting on 01/20/2026. The conversion is reported at $36.91 per share for a gross value of $211,221.
- The company withheld 1,911 shares to satisfy tax withholding obligations (valued at $70,535), leaving a net 3,811.601 shares delivered to Gosman (net value ≈ $140,686). This was a vesting/conversion transaction (routine compensation event), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-01-20; filing date: 2026-01-21 (timely).
- Conversion: 5,722.601 shares (derivative conversion/exercise) reported at $36.91/share = $211,221.
- Tax withholding: 1,911 shares withheld @ $36.91 = $70,535 (code F).
- Net shares received: 3,811.601 (5,722.601 − 1,911); net value ≈ $140,686.
- Footnotes: F1 = shares withheld by company at executive’s request to pay taxes under the Stock Incentive Plan; F3 = units vested on 01/20/2026; F2 notes total includes reinvestment of dividends (as reported).
- Shares owned after the transaction: not specified in the provided excerpt of the filing.
- Filing timeliness: not marked late.
Context
- This was a conversion/vesting event (derivative conversion, code M). The line showing 5,722.601 shares disposed at $0 reflects conversion of the derivative into common stock rather than a market sale. The withholding of shares for taxes is a common, routine practice and does not by itself indicate insider buying or selling intent.