PPL Corp: director Heather B. Redman received 1,335.47 shares

What happened

• Heather B. Redman, director, received 1,335.47 shares as an award/acquisition (transaction code A) at $32.76 per share, for a total reported value of $43,750. The filing lists the securities as derivative.

Key details

• Transaction date and price: Oct 1, 2026; $32.76 per share; total $43,750.
• Shares owned after the transaction: the filing does not state shares owned following the transaction.
• Plan and special terms: footnote F1 says no conversion or exercise price applies and that, under the Directors Deferred Compensation Plan (DDCP), payout of the underlying securities will occur following a director's retirement.
• Additional note: footnote F2 says the total includes the reinvestment of dividends.
• Filing date: the Form 4 was filed with the SEC on Oct 2, 2026.

Why it may matter

• This was an award of deferred compensation under the DDCP (a derivative award), not an open-market purchase or sale; payout of the underlying securities is tied to the director's retirement per the filing. A filing does not show why the insider traded or why the company acted.