BEATTIE ART P 4

What Happened

• Art P. Beattie, a director of PPL Corp (PPL), was credited with a derivative award of 1,445.817 shares on 2026-07-01 at a reporting value of $35.62 per share, totaling $51,500. This was a grant/acquisition under the company’s Directors Deferred Compensation Plan, not an open‑market purchase or sale.

Key Details

• Transaction date: 2026-07-01; Price per share (reporting value): $35.62; Total value reported: $51,500.
• Transaction type: A (award/grant) — derivative award under the Directors Deferred Compensation Plan (DDCP).
• Shares owned after transaction: Not specified in the provided filing.
• Footnotes:
  • F1: No conversion or exercise price applies; payout of the underlying securities will occur following the director’s retirement (DDCP rules).
  • F2: Total includes reinvestment of dividends.
• Filing timeliness: Reported period 2026-07-01 and filed 2026-07-02 — appears to be filed timely.

Context

• This was a deferred compensation award for a director. Such awards are typically retention/compensation arrangements and do not indicate an immediate purchase or sale of shares. Because payout is tied to retirement under the plan, the awarded units are not immediately convertible into freely tradable shares.