PPL Corp Subsidiary President Christine M. Martin Reports RSU Vesting & Tax Withholding
PPL Corp
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Filing Summary
📋 Form 4 Filing: PPL Corp ($PPL) Insider: Christine M. Martin (President of a PPL Subsidiary) Transaction Date: 2026-09-01 Type: Tax Withholding (Code F) Shares Withheld: 346 @ $34.47 ($11,926.62) RSUs Vested: 1,212 units Direct Shares Held Post-Transaction: 47,602.468 Indirect Shares (ESOP): 248.861 Significance: Low (Routine Vesting / Tax Withholding)
Comprehensive Analysis
Executive Summary
On September 1, 2026, Christine M. Martin, President of a PPL Subsidiary at PPL Corp ($PPL), reported the vesting of 1,212 Stock Units (Restricted Stock Units granted on September 1, 2023) and the subsequent withholding of 346 shares of Common Stock to satisfy tax obligations.
Transaction Breakdown
- Derivative Settlement (Code M): 1,212 Stock Units vested into 1,212 shares of Common Stock at $0.00 exercise price.
- Tax Withholding (Code F): 346 shares were surrendered at a market price of $34.47 per share (totaling ~$11,926.62) to cover tax liabilities associated with the vesting.
- Post-Transaction Holdings:
- Direct Ownership: 47,602.468 shares (includes dividend reinvestments).
- Indirect Ownership (ESOP Trust): 248.861 shares.
Market & Trading Significance
This transaction represents routine compensation-related equity vesting and standard statutory tax withholding. It does not reflect discretionary open-market buying or selling and carries Low trading significance.
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Important Disclaimer
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