PPL Director Kenneth Hartwick Receives Award of 1,228 Shares

What Happened

• Kenneth Michael Hartwick, a director of PPL Corp (PPL), was granted/allocated 1,228.243 shares (derivative award) on 2026-07-22 at a reported per-share value of $35.62, totaling $43,750. The transaction is reported as an award/acquisition (code A) under the company’s Directors Deferred Compensation Plan (DDCP).

Key Details

• Transaction date: 2026-07-22; filing date: 2026-07-23 (timely).
• Reported price/value: $35.62 per share; total reported value $43,750.
• Shares after transaction: not specified in the filing.
• Footnotes: F1 — No conversion/exercise price applies because payout of underlying securities is deferred until the director’s retirement under the DDCP. F2 — Total includes reinvestment of dividends.
• Transaction type: derivative award (not an open-market purchase or sale).

Context

• This was a deferred-compensation award, meaning the shares are payable later (typically at retirement) rather than an immediate purchase or sale; it does not indicate an immediate cashless exercise or market sale.
• Such director deferred awards are routine compensation and should be viewed as reporting of compensation rather than a direct buy/sell signal.