PPL Corp Director Keith H. Williamson Acquires Stock Units via Deferred Compensation Plan

Executive Summary

On October 2, 2026, PPL Corp ($PPL) filed a Form 4 reporting an acquisition of derivative securities by Director Keith H. Williamson. On October 1, 2026, Mr. Williamson acquired 1,335.470 Stock Units under the Directors Deferred Compensation Plan (DDCP) at a price of $32.76 per share, representing an aggregate value of approximately $43,750. Following the transaction, Mr. Williamson directly holds 144,101.665 stock units.

Transaction Details

• Security: Stock Unit (DDCP), converting 1-for-1 to Common Stock upon retirement.
• Transaction Code: 'A' (Grant, award, or other acquisition pursuant to Rule 16b-3(d)).
• Volume: 1,335.470 shares / units.
• Price per Unit: $32.76.
• Total Consideration: $43,750.00.
• Beneficial Ownership Post-Transaction: 144,101.665 units (inclusive of dividend reinvestment).

Market Impact & Significance

The filing represents routine compensation under the issuer's Directors Deferred Compensation Plan rather than an open-market discretionary trade. Consequently, the transaction carries low informational significance for broader market sentiment.