PPL (PPL) director Art Beattie awarded 1,342 DDCP stock units, now holds 48,550
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PPL Corp director Art P. Beattie received an award of stock units under the company’s Directors Deferred Compensation Plan (DDCP). On the transaction date, he acquired 1,342.195 Stock Units (DDCP), each tied to PPL common stock at a reference price of $38.37 per unit.
Following this grant, Beattie holds a total of 48,549.946 Stock Units (DDCP) directly. According to the plan, these units will be paid out in underlying common shares after the director’s retirement, and the total includes units accumulated through dividend reinvestment.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
BEATTIE ART P
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Unit (DDCP) | 1,342.195 | $38.37 | $52K |
Holdings After Transaction:
Stock Unit (DDCP) — 48,549.946 shares (Direct)
Footnotes (1)
- No conversion or exercise price applies as, under the terms of the Directors Deferred Compensation Plan (DDCP), payout of the underlying securities will occur following a director's retirement. Total includes the reinvestment of dividends.
Key Figures
Stock units granted: 1,342.195 units
Reference price per unit: $38.37 per unit
Total DDCP units after grant: 48,549.946 units
+1 more
4 metrics
Stock units granted
1,342.195 units
Stock Units (DDCP) granted on April 1, 2026
Reference price per unit
$38.37 per unit
Valuation for DDCP stock unit grant
Total DDCP units after grant
48,549.946 units
Stock Units (DDCP) held following transaction
Underlying common stock
1,342.195 shares
Common Stock underlying the new Stock Units (DDCP)
Key Terms
Stock Unit (DDCP), Directors Deferred Compensation Plan (DDCP), dividend reinvestment, grant, award, or other acquisition
4 terms
Stock Unit (DDCP) financial
"security_title: "Stock Unit (DDCP)""
Directors Deferred Compensation Plan (DDCP) financial
"under the terms of the Directors Deferred Compensation Plan (DDCP)"
dividend reinvestment financial
"Total includes the reinvestment of dividends."
Dividend reinvestment is when the money earned from a company's profit sharing, called dividends, is automatically used to buy more shares of that company instead of being received as cash. This process helps investors grow their holdings over time without extra effort, much like using earned interest to buy more of a savings account. It encourages long-term investment growth by continuously increasing the amount of shares owned.
grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
FAQ
What did PPL (PPL) director Art P. Beattie report on this Form 4?
Art P. Beattie reported receiving 1,342.195 Stock Units (DDCP) linked to PPL common stock. These units were granted as part of director compensation, increasing his total DDCP stock unit holdings to 48,549.946, with payout to occur in common shares after retirement under plan terms.
Is the PPL (PPL) Form 4 transaction an open-market stock purchase or sale?
The Form 4 reflects a grant of Stock Units (DDCP), not an open-market purchase or sale. The transaction code is “A” for a grant or award, and it represents compensation delivered in deferred stock units rather than a discretionary trade in PPL common stock.
How many PPL (PPL) stock units does Art P. Beattie hold after this grant?
After the reported grant, Art P. Beattie holds 48,549.946 Stock Units (DDCP). These units are tied to PPL common stock and include amounts accumulated through dividend reinvestment, with payout in the underlying securities scheduled to occur following his retirement from the board.
What is the reference price for the PPL (PPL) Stock Units (DDCP) granted?
The 1,342.195 Stock Units (DDCP) were recorded at a reference price of $38.37 per unit. This price reflects the valuation used for the deferred compensation grant and is not described as an open-market trade price in this Form 4 insider filing.
When will the PPL (PPL) Stock Units (DDCP) be paid out to the director?
Under the Directors Deferred Compensation Plan (DDCP), payout of the underlying securities occurs after the director’s retirement. The footnote specifies no exercise price applies, and the units convert into PPL common stock for distribution once the director retires from service.
Does dividend reinvestment affect Art P. Beattie’s PPL (PPL) DDCP balance?
Yes. A footnote explains that the total 48,549.946 Stock Units (DDCP) includes reinvestment of dividends. Instead of cash dividends, additional stock units accumulate in the deferred compensation account, increasing the director’s total DDCP-based exposure to PPL common stock.