PPL (PPL) Director Madabhushi Venkata R Receives Deferred Stock Award

What Happened Madabhushi Venkata R, a director of PPL Corp (PPL), was granted/credited 1,140.214 derivative share units on 2026-04-01 as an award under the company's Directors Deferred Compensation Plan (transaction code A). The units were recorded at $38.37 per share for a total value of $43,750. This was an award (not an open-market purchase or sale).

Key Details

• Transaction date: 2026-04-01; price per unit recorded: $38.37; total value: $43,750.
• Security type: Derivative share units (award under Directors Deferred Compensation Plan).
• Shares owned after transaction: Not specified in the Form 4 filing.
• Footnotes:
  • F1: No conversion/exercise price applies; payout of the underlying securities will occur following the director's retirement.
  • F2: Total includes reinvestment of dividends.
• Filing timeliness: Reported on Form 4 for the period ending 2026-04-01 (no late filing indicated).

Context This transaction is a deferred-compensation award to a non-employee director. The units represent a future payout of shares after the director's retirement rather than an immediate purchase or sale of stock; such awards are routine director compensation and do not by themselves indicate the director buying or selling stock in the open market.