WOOD PHOEBE A 4

What Happened

• Phoebe A. Wood, a director of PPL Corp (PPL), was granted 1,140.214 derivative shares (award) on 2026-04-01. The filing lists a per-share amount of $38.37 for a total reported value of $43,750. This was an award under PPL’s Directors Deferred Compensation Plan, not an open-market purchase or sale.

Key Details

• Transaction date: 2026-04-01; Filing date: 2026-04-02 (timely).
• Transaction type/code: A — Grant/award (derivative securities).
• Amount: 1,140.214 shares at $38.37 per share; total value shown $43,750.
• Shares owned after transaction: Not specified in this filing.
• Footnotes: F1 — No conversion/exercise price applies; payout of the underlying securities will occur following a director’s retirement. F2 — Total includes reinvestment of dividends.
• Not a sale — represents deferred compensation rather than a market purchase (neutral signal).

Context

• These are deferred/derivative awards under a director compensation plan and will be paid out after retirement, so they don’t reflect an immediate cash investment or sale. Such grants are routine for non-employee directors and should be viewed as compensation rather than a direct bullish bet on the stock.