Redman Heather B 4
4 · PPL Corp · Filed Jul 2, 2026
Research Summary
AI-generated summary of this filing
PPL Director Heather B. Redman Receives Deferred Stock Award
What Happened
Heather B. Redman, a director of PPL Corp (PPL), received a grant/award of 1,228.243 derivative shares on July 1, 2026. The award is recorded at an attributable price of $35.62 per share for a total value of $43,750. This was an award under PPL’s Directors Deferred Compensation Plan (DDCP), not an open-market purchase or sale.
Key Details
- Transaction date and type: 2026-07-01 — Award/Grant (code A) of derivative shares.
- Price used for value: $35.62 per share; total value $43,750.
- Shares acquired: 1,228.243 derivative shares.
- Shares owned after transaction: Not specified in the filing.
- Footnotes:
- F1 — No conversion/exercise price applies; payout of the underlying securities will occur following the director’s retirement (DDCP).
- F2 — Total includes reinvestment of dividends.
- Filing timeliness: Report filed 2026-07-02 for a 2026-07-01 transaction (filed timely under Form 4 rules).
Context
This entry represents director compensation deferred into company stock units rather than an active market trade. Because payout is deferred until retirement under the DDCP, these are derivative awards and do not indicate an immediate cash purchase or sale. Such awards are routine for non-employee directors and are primarily compensation-related rather than a direct bullish or bearish trading signal.
Insider Transaction Report
- Award
Stock Unit (DDCP)
[F1][F2]2026-07-01$35.62/sh+1,228.243$43,750→ 28,938.601 total→ Common Stock (1,228.243 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.