PPL Corp Director Art P. Beattie Receives Quarterly Deferred Stock Units
PPL Corp
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Filing Summary
📋 Form 4 Filing: PPL Corp ($PPL) Insider: Art P. Beattie (Director) Transaction: Acquisition (Award) of 1,572.039 Stock Units (DDCP) at $32.76 per share (~$51,500 value) Date: October 1, 2026 Post-Transaction Holdings: 52,394.580 units Significance: Low (Routine quarterly director deferred compensation)
Comprehensive Analysis
Transaction Summary
On October 1, 2026, PPL Corp Director Art P. Beattie acquired 1,572.039 Stock Units under the Directors Deferred Compensation Plan (DDCP) at a price of $32.76 per share, representing an aggregate value of approximately $51,500. Following this transaction, Beattie directly holds 52,394.580 stock units (which includes accumulated reinvestment of dividends).
Plan and Structure Details
Under the terms of PPL Corp's Directors Deferred Compensation Plan, no conversion or exercise price applies. The stock units represent phantom/deferred common stock equivalents, with payouts in underlying common stock scheduled to occur following the director's retirement from the Board.
Market and Sentiment Impact
This filing reflects routine quarterly director equity compensation rather than open-market discretionary trading. Consequently, the transaction has Low trading significance and conveys neutral sentiment for investors.
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