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PPL Corp·4

Jul 2, 5:46 PM ET

Redman Heather B 4

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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.