von Althann Natica 4
4 · PPL Corp · Filed Apr 2, 2026
Research Summary
AI-generated summary of this filing
PPL Director Natica von Althann Receives 1,140-Share Award
What Happened
Natica von Althann, a director of PPL Corp (PPL), was credited with an award of 1,140.214 deferred shares on 2026-04-01. The filing values the award at $38.37 per share for a total of $43,750. This was an award/grant (transaction code A) under the company's director deferred compensation arrangements rather than an open-market purchase or sale.
Key Details
- Transaction date and filing: Award dated 2026-04-01; Form 4 filed 2026-04-02 (appears timely).
- Amount and value: 1,140.214 shares at $38.37 each; total $43,750 (reported as a derivative award).
- Shares owned after transaction: Not specified in the filing.
- Notable footnotes:
- F1 — No conversion/exercise price applies; payout of the underlying securities will occur following the director's retirement (these are deferred units).
- F2 — Total reflects reinvestment of dividends.
- Transaction type: Derivative award under the Directors Deferred Compensation Plan (code A).
Context
This is a deferred-compensation award, meaning the credited units convert to actual shares (or equivalent payout) only upon the director's retirement and are not an immediate purchase or sale. Such awards are common for board compensation and do not by themselves signal near-term trading intent.
Insider Transaction Report
- Award
Stock Unit (DDCP)
[F1][F2]2026-04-01$38.37/sh+1,140.214$43,750→ 107,614.287 total→ Common Stock (1,140.214 underlying)
Footnotes (2)
- [F1]No conversion or exercise price applies as, under the terms of the Directors Deferred Compensation Plan (DDCP), payout of the underlying securities will occur following a director's retirement.
- [F2]Total includes the reinvestment of dividends.