John Gregory Cornett - 29 Jan 2026 Form 4 Insider Report for PPL Corp (PPL)

Signature
/s/ W. Eric Marr, as Attorney-In-Fact for Marlene C. Beers
Issuer symbol
PPL
Transactions as of
29 Jan 2026
Net transactions value
+$172,733
Form type
4
Filing time
02 Feb 2026, 17:27:13 UTC
Previous filing
21 Jan 2026
Next filing
24 Feb 2026

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Cornett John Gregory President of a PPL Subsidiary 645 HAMILTON STREET, ALLENTOWN /s/ W. Eric Marr, as Attorney-In-Fact for Marlene C. Beers 02 Feb 2026 0002013670

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PPL Common Stock Options Exercise $72,438 +1,995 +23% $36.31 10,611 29 Jan 2026 Direct
transaction PPL Common Stock Tax liability $26,107 -719 -6.8% $36.31 9,892 29 Jan 2026 Direct F1
transaction PPL Common Stock Options Exercise $160,200 +4,412 +45% $36.31 14,304 29 Jan 2026 Direct
transaction PPL Common Stock Tax liability $50,435 -1,389 -9.7% $36.31 12,915 29 Jan 2026 Direct F1
transaction PPL Common Stock Options Exercise $23,922 +660 +5.1% $36.25 13,575 30 Jan 2026 Direct
transaction PPL Common Stock Tax liability $7,286 -201 -1.5% $36.25 13,374 30 Jan 2026 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction PPL Stock Unit (SIP) Award $0 +2,024 $0.000000 2,024 29 Jan 2026 Common Stock 2,024 Direct F2, F3, F4
transaction PPL Stock Unit (SIP) Award $0 +11,017 $0.000000 11,017 29 Jan 2026 Common Stock 11,017 Direct F2, F4, F5
transaction PPL Performance Stock Unit (SIP) Award $0 +4,048 $0.000000 4,048 29 Jan 2026 Common Stock 4,048 Direct F6, F7
transaction PPL Performance Stock Unit (SIP) Award $0 +2,024 $0.000000 2,024 29 Jan 2026 Common Stock 2,024 Direct F7, F8
transaction PPL Performance Stock Unit (SIP) Award $0 +2,024 $0.000000 2,024 29 Jan 2026 Common Stock 2,024 Direct F7, F9
transaction PPL Performance Stock Unit (SIP) Options Exercise $0 -4,412 -50% $0.000000 4,412 29 Jan 2026 Common Stock 4,412 Direct F7, F10, F11
transaction PPL Performance Stock Unit (SIP) Options Exercise $0 -1,995 -50% $0.000000 1,995 29 Jan 2026 Common Stock 1,995 Direct F7, F11, F12
transaction PPL Stock Unit (SIP) Options Exercise $0 -660 -33% $0.000000 1,320 30 Jan 2026 Common Stock 660 Direct F2, F11, F13
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares withheld by the company at the request of the executive officer to pay taxes due following expiration of the applicable restriction period, under the terms of the Stock Incentive Plan (SIP).
F2 No conversion or exercise price applies. Under the terms of the Stock Incentive Plan (SIP), a restricted stock unit converts to a share of common stock on the applicable vesting date.
F3 The total grant of 2,024 restricted stock units will vest in three equal installments on 01/29/2027, 01/29/2028, and 01/29/2029.
F4 As of 02/02/2026, total restricted stock units beneficially owned is 16,756.710. This total includes the 01/25/2024 grant of 1,488 restricted stock units, the 03/04/2024 grant of 757.714 restricted stock units, the 05/02/2024 grant of 150.137 restricted stock units, and two-thirds of the 01/30/2025 grant, which totals 1,319.859, plus in each case, the incremental addition of restricted stock units credited to the original grant in amounts equal to dividend equivalents deemed earned on shares underlying such restricted stock units, and the two 01/29/2026 grants of (a) 2,024 and (b) 11,017 restricted stock units.
F5 The total grant of 11,017 restricted stock units will vest in three equal installments on 01/29/2027, 01/29/2028, 01/29/2029.
F6 No conversion or exercise price or exercise or expiration date applies. Under the terms of the Stock Incentive Plan (SIP), all, some or none of the underlying securities will be earned depending on the Company's performance relative to a peer group (determined by the Company's People and Compensation Committee as described in more detail in the Company's annual Proxy Statement on Schedule 14A), over a three-year performance period ending 12/31/2028. Determination of number of underlying securities that have been earned, if any, will be made by the People and Compensation Committee in January 2029.
F7 As of 02/02/2026, total performance units beneficially owned is 27,368.297. This total includes the 01/20/2023 grant of 1,369.746 performance units, the three 01/25/2024 grants of (a) 1,587.999, (b) 1,587.999, and (c) 3,175.997 performance units, the three 03/04/2024 grants of (a) 757.714, (b) 757.714, and (c) 1,515.427 performance units, the three 05/02/2024 grants of (a) 150.137, (b) 150.137, and (c) 300.273 performance units, the three 01/30/2025 grants of (a) 1,979.789, (b) 1,979.789, and (c) 3,959.576 performance units, plus in each case, the incremental addition of performance units credited to the original grant in amounts equal to dividend equivalents deemed earned on shares underlying such performance units, and the three 1/29/2026 grants of (a) 2,024, (b) 2,024, and (c) 4,048 performance units.
F8 No conversion or exercise price or exercise or expiration date applies. Under the terms of the Stock Incentive Plan (SIP), all, some or none of the underlying securities will be earned depending on the Company's earnings growth over a three-year performance period ending 12/31/2028. Determination of number of underlying securities that have been earned, if any, will be made by the People and Compensation Committee in January 2029.
F9 No conversion or exercise price or exercise or expiration date applies. Under the terms of the Stock Incentive Plan (SIP), all, some or none of the underlying securities will be earned depending on the Company's achievement of certain long-term sustainability-related metrics over a three-year performance period ending 12/31/2028. Determination of number of underlying securities that have been earned, if any, will be made by the People and Compensation Committee in January 2029.
F10 No conversion or exercise price or exercise or expiration date applies. Under the terms of the Stock Incentive Plan (SIP), the underlying securities were earned (161.10%) based on the Company's performance relative to an industry peer group over a three-year performance period ending 12/31/2025. Determination of the percentage of the award earned was made by the People and Compensation Committee on 01/29/2026 and calculation of the underlying shares to be delivered, net of withholding, was completed on 01/30/2026.
F11 Total includes the reinvestment of dividends.
F12 No conversion or exercise price or exercise or expiration date applies. Under the terms of the Stock Incentive Plan (SIP), the underlying securities were earned (145.58%) based on the Company's achievements of certain ESG-related metrics ov er a three-year performance period ending 12/31/2025. Determination of the percentage of the award earned was made by the People and Compensation Committee on 01/29/2026 and calculation of the underlying shares to be delivered, net of withholding, was completed on 01/30/2026.
F13 One-third of the 01/30/2025 grant of restricted stock units vested on 01/30/2026; the remaining thirds will vest on 01/30/2027 and 01/30/2028, respectively.