BEATTIE ART P 4
Research Summary
AI-generated summary
PPL Director Art P. Beattie Receives Award of 1,342 Shares
What Happened
- Art P. Beattie, a director of PPL Corp (PPL), received an award of 1,342.195 shares (derivative) on 2026-04-01. The award is reported at an equivalent value of $51,500 using a per-share value of $38.37.
- This was an award under the company’s Directors Deferred Compensation Plan (a derivative grant), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-04-01; Form filed: 2026-04-02 (timely filing).
- Award amount: 1,342.195 shares; per-share value used in filing: $38.37; total reported value: $51,500.
- Shares owned following the transaction: not specified in the provided filing details.
- Footnotes:
- F1: No exercise/conversion price applies; payout of the underlying securities will occur following the director’s retirement (deferred award).
- F2: Total includes the reinvestment of dividends.
- Transaction type: A = Award/Grant (derivative).
Context
- This is a deferred-compensation award for a director. The shares are not an immediate purchase or sale; they will be delivered following specified conditions (retirement), so this should not be read as a current market-directional bet by the insider.