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[Form 4] PPL Corporation Insider Trading Activity

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Rhea-AI Filing Summary

Public Storage filed a medium-length Form 8-K dated 30-Jul-2025.

Item 2.02: The company released its Q2 2025 earnings results via press release (Exhibit 99.1). Specific revenue, FFO and guidance figures are not included in this filing; investors must review the exhibit for details.

Item 5.02: The Board of Trustees expanded from 12 to 13 members and appointed Luke Petherbridge鈥攃urrent CEO of Link Logistics鈥攁s an independent trustee, effective immediately and serving until the 2026 AGM. He will join the Nominating, Governance & Sustainability Committee. Mr. Petherbridge received an initial equity award valued at $540,000 in AO LTIP units and will receive the standard non-employee trustee compensation package disclosed in the 2025 proxy statement.

Standard NYSE-listed share classes and senior note guarantees are reaffirmed, and routine emerging-growth-company and indemnification disclosures are provided.

Public Storage ha presentato un modulo 8-K di media lunghezza datato 30-lug-2025.

Voce 2.02: La societ脿 ha pubblicato i risultati degli utili del Q2 2025 tramite un comunicato stampa (Allegato 99.1). I dati specifici su ricavi, FFO e previsioni non sono inclusi in questo documento; gli investitori devono consultare l'allegato per i dettagli.

Voce 5.02: Il Consiglio di Amministrazione 猫 passato da 12 a 13 membri e ha nominato Luke Petherbridge鈥攁ttuale CEO di Link Logistics鈥攃ome amministratore indipendente, con effetto immediato fino all'assemblea annuale del 2026. Entrer脿 a far parte del Comitato di Nomina, Governance e Sostenibilit脿. Il Sig. Petherbridge ha ricevuto un premio azionario iniziale del valore di 540.000 $ in unit脿 AO LTIP e ricever脿 il pacchetto di compensi standard per amministratori non dipendenti, come indicato nella dichiarazione proxy del 2025.

Le classi di azioni standard quotate alla NYSE e le garanzie sui senior note sono state confermate, e sono state fornite le consuete comunicazioni relative a societ脿 in crescita emergenti e indennizzi.

Public Storage present贸 un formulario 8-K de longitud media fechado el 30-jul-2025.

Art铆culo 2.02: La empresa public贸 sus resultados financieros del Q2 2025 mediante un comunicado de prensa (Anexo 99.1). Las cifras espec铆ficas de ingresos, FFO y previsiones no est谩n incluidas en este documento; los inversores deben revisar el anexo para obtener detalles.

Art铆culo 5.02: La Junta de S铆ndicos se ampli贸 de 12 a 13 miembros y nombr贸 a Luke Petherbridge, actual CEO de Link Logistics, como s铆ndico independiente, con efecto inmediato y hasta la junta anual de 2026. Se unir谩 al Comit茅 de Nominaciones, Gobernanza y Sostenibilidad. El Sr. Petherbridge recibi贸 una concesi贸n inicial de acciones valorada en $540,000 en unidades AO LTIP y recibir谩 el paquete est谩ndar de compensaci贸n para s铆ndicos no empleados divulgado en la declaraci贸n proxy de 2025.

Se reafirmaron las clases est谩ndar de acciones cotizadas en la NYSE y las garant铆as de los bonos senior, y se proporcionaron las divulgaciones habituales para empresas emergentes y de crecimiento, as铆 como las de indemnizaci贸n.

Public Storage電� 2025雲� 7鞗� 30鞚�8-K 鞏戩嫕鞚� 鞝滌稖頄堨姷雼堧嫟.

頃 2.02: 須岇偓電� 氤措弰鞛愲(歃濍箼鞛愲 99.1)毳� 韱淀暣 2025雲� 2攵勱赴 鞁れ爜鞚� 氚滍憸頄堨姷雼堧嫟. 甑泊鞝侅澑 毵れ稖, FFO 氚� 臧鞚措崢鞀� 靾橃箻電� 鞚� 鞝滌稖靹滊鞐� 韽暔霅橃柎 鞛堨 鞎婌溂氙搿� 韴瀽鞛愲摛鞚 靹鸽秬靷暛鞚� 頇曥澑頃橁赴 鞙勴暣 歃濍箼鞛愲毳� 瓴韱犿暣鞎� 頃╇媹雼�.

頃 5.02: 鞚挫偓須岆姅 12氇呾棎靹� 13氇�鞙茧 頇曤寑霅橃棃鞙茧┌, Link Logistics鞚� 順� CEO鞚� Luke Petherbridge毳� 歃夓嫓 須牓鞚� 氚滍湗頃橂姅 霃呺 鞚挫偓搿� 鞛勲獏頄堨姷雼堧嫟. 鞛勱赴電� 2026雲� 鞝曣赴 欤检<齑濏殞旯岇鞛呺媹雼�. 攴鸽姅 歆氇�, 瓯半矂雱岇姢 氚� 歆靻嶊皜電レ劚 鞙勳洂須岇棎 頃╇頃� 鞓堨爼鞛呺媹雼�. Petherbridge 鞌姅 AO LTIP 雼渼搿� 韽夑皜霅� 54毵� 雼煬 靸侂嫻鞚� 齑堦赴 欤检嫕 氤挫儊鞚� 氚涭晿鞙茧┌, 2025雲� 鞙勳瀯鞛� 靹る獏靹滌棎 瓿店皽霅� 牍勳瀯鞗� 鞚挫偓 響滌 氤挫儊 韺偆歆毳� 氚涥矊 霅╇媹雼�.

NYSE 靸侅灔 響滌 欤检嫕 韥措灅鞀� 氚� 靹犾垳鞙� 毂勱秾 氤挫鞚� 鞛檿鞚鸽悩鞐堨溂氅�, 鞁犿潵 靹膘灔 旮办梾 氚� 氅挫眳 甏霠� 鞚茧皹 瓿奠嫓霃� 鞝滉车霅橃棃鞀惦媹雼�.

Public Storage a d茅pos茅 un formulaire 8-K de longueur moyenne dat茅 du 30 juillet 2025.

Point 2.02 : La soci茅t茅 a publi茅 ses r茅sultats du 2e trimestre 2025 via un communiqu茅 de presse (Annexe 99.1). Les chiffres sp茅cifiques concernant les revenus, le FFO et les pr茅visions ne sont pas inclus dans ce d茅p么t ; les investisseurs doivent consulter l'annexe pour les d茅tails.

Point 5.02 : Le conseil d'administration est pass茅 de 12 脿 13 membres et a nomm茅 Luke Petherbridge, actuel PDG de Link Logistics, en tant qu'administrateur 颈苍诲茅辫别苍诲补苍迟, avec effet imm茅diat jusqu'脿 l'assembl茅e g茅n茅rale de 2026. Il rejoindra le comit茅 de nomination, de gouvernance et de durabilit茅. M. Petherbridge a re莽u une attribution initiale d'actions d'une valeur de 540 000 $ en unit茅s AO LTIP et b茅n茅ficiera du package de r茅mun茅ration standard pour administrateurs non salari茅s divulgu茅 dans la d茅claration de procuration 2025.

Les classes d'actions standard cot茅es 脿 la NYSE et les garanties des obligations senior ont 茅t茅 reconfirm茅es, et les divulgations habituelles concernant les entreprises en croissance 茅mergente et les indemnisations ont 茅t茅 fournies.

Public Storage hat ein mittellanges Formular 8-K mit Datum 30. Juli 2025 eingereicht.

Punkt 2.02: Das Unternehmen ver枚ffentlichte seine Ergebnisse f眉r das 2. Quartal 2025 per Pressemitteilung (Anlage 99.1). Spezifische Angaben zu Umsatz, FFO und Prognosen sind in dieser Einreichung nicht enthalten; Investoren m眉ssen die Anlage f眉r Details einsehen.

Punkt 5.02: Der Verwaltungsrat wurde von 12 auf 13 Mitglieder erweitert und ernannte Luke Petherbridge, den aktuellen CEO von Link Logistics, als 耻苍补产丑盲苍驳颈驳别苍 Treuh盲nder mit sofortiger Wirkung bis zur Hauptversammlung 2026. Er wird dem Ausschuss f眉r Nominierung, Governance & Nachhaltigkeit beitreten. Herr Petherbridge erhielt eine anf盲ngliche Aktienzuteilung im Wert von 540.000 $ in AO LTIP-Einheiten und erh盲lt das standardm盲脽ige Verg眉tungspaket f眉r nicht angestellte Treuh盲nder, das in der Proxy-Erkl盲rung 2025 offengelegt ist.

Standardm盲脽ige an der NYSE gelistete Aktienklassen und Garantien f眉r Senior Notes wurden best盲tigt, und routinem盲脽ige Offenlegungen f眉r wachstumsstarke Unternehmen sowie Haftungsfreistellungen wurden bereitgestellt.

Positive
  • Board expanded to 13 with appointment of independent trustee Luke Petherbridge, enhancing governance and industry expertise.
  • Equity compensation aligns new trustee interests with shareholders while remaining immaterial to dilution.
Negative
  • None.

Insights

TL;DR: Board enlarged, adds seasoned logistics CEO; governance looks incrementally stronger.

The appointment of Luke Petherbridge brings deep industrial real-estate experience and global perspective. His independence satisfies NYSE requirements, and adding him to the Nominating, Governance & Sustainability Committee signals heightened attention to ESG oversight. The $540 k equity grant aligns incentives with shareholders and is immaterial to dilution. Overall, the action modestly improves board depth without obvious risks.

TL;DR: Filing signals earnings release but supplies no financials鈥攊mpact modest until Exhibit 99.1 reviewed.

Because the 8-K references, but does not reproduce, Q2 2025 financial metrics, investors lack immediate data to adjust models. The governance change is positive but unlikely to affect valuation multiples near-term. I classify the disclosure as low-impact until earnings numbers are assessed.

Public Storage ha presentato un modulo 8-K di media lunghezza datato 30-lug-2025.

Voce 2.02: La societ脿 ha pubblicato i risultati degli utili del Q2 2025 tramite un comunicato stampa (Allegato 99.1). I dati specifici su ricavi, FFO e previsioni non sono inclusi in questo documento; gli investitori devono consultare l'allegato per i dettagli.

Voce 5.02: Il Consiglio di Amministrazione 猫 passato da 12 a 13 membri e ha nominato Luke Petherbridge鈥攁ttuale CEO di Link Logistics鈥攃ome amministratore indipendente, con effetto immediato fino all'assemblea annuale del 2026. Entrer脿 a far parte del Comitato di Nomina, Governance e Sostenibilit脿. Il Sig. Petherbridge ha ricevuto un premio azionario iniziale del valore di 540.000 $ in unit脿 AO LTIP e ricever脿 il pacchetto di compensi standard per amministratori non dipendenti, come indicato nella dichiarazione proxy del 2025.

Le classi di azioni standard quotate alla NYSE e le garanzie sui senior note sono state confermate, e sono state fornite le consuete comunicazioni relative a societ脿 in crescita emergenti e indennizzi.

Public Storage present贸 un formulario 8-K de longitud media fechado el 30-jul-2025.

Art铆culo 2.02: La empresa public贸 sus resultados financieros del Q2 2025 mediante un comunicado de prensa (Anexo 99.1). Las cifras espec铆ficas de ingresos, FFO y previsiones no est谩n incluidas en este documento; los inversores deben revisar el anexo para obtener detalles.

Art铆culo 5.02: La Junta de S铆ndicos se ampli贸 de 12 a 13 miembros y nombr贸 a Luke Petherbridge, actual CEO de Link Logistics, como s铆ndico independiente, con efecto inmediato y hasta la junta anual de 2026. Se unir谩 al Comit茅 de Nominaciones, Gobernanza y Sostenibilidad. El Sr. Petherbridge recibi贸 una concesi贸n inicial de acciones valorada en $540,000 en unidades AO LTIP y recibir谩 el paquete est谩ndar de compensaci贸n para s铆ndicos no empleados divulgado en la declaraci贸n proxy de 2025.

Se reafirmaron las clases est谩ndar de acciones cotizadas en la NYSE y las garant铆as de los bonos senior, y se proporcionaron las divulgaciones habituales para empresas emergentes y de crecimiento, as铆 como las de indemnizaci贸n.

Public Storage電� 2025雲� 7鞗� 30鞚�8-K 鞏戩嫕鞚� 鞝滌稖頄堨姷雼堧嫟.

頃 2.02: 須岇偓電� 氤措弰鞛愲(歃濍箼鞛愲 99.1)毳� 韱淀暣 2025雲� 2攵勱赴 鞁れ爜鞚� 氚滍憸頄堨姷雼堧嫟. 甑泊鞝侅澑 毵れ稖, FFO 氚� 臧鞚措崢鞀� 靾橃箻電� 鞚� 鞝滌稖靹滊鞐� 韽暔霅橃柎 鞛堨 鞎婌溂氙搿� 韴瀽鞛愲摛鞚 靹鸽秬靷暛鞚� 頇曥澑頃橁赴 鞙勴暣 歃濍箼鞛愲毳� 瓴韱犿暣鞎� 頃╇媹雼�.

頃 5.02: 鞚挫偓須岆姅 12氇呾棎靹� 13氇�鞙茧 頇曤寑霅橃棃鞙茧┌, Link Logistics鞚� 順� CEO鞚� Luke Petherbridge毳� 歃夓嫓 須牓鞚� 氚滍湗頃橂姅 霃呺 鞚挫偓搿� 鞛勲獏頄堨姷雼堧嫟. 鞛勱赴電� 2026雲� 鞝曣赴 欤检<齑濏殞旯岇鞛呺媹雼�. 攴鸽姅 歆氇�, 瓯半矂雱岇姢 氚� 歆靻嶊皜電レ劚 鞙勳洂須岇棎 頃╇頃� 鞓堨爼鞛呺媹雼�. Petherbridge 鞌姅 AO LTIP 雼渼搿� 韽夑皜霅� 54毵� 雼煬 靸侂嫻鞚� 齑堦赴 欤检嫕 氤挫儊鞚� 氚涭晿鞙茧┌, 2025雲� 鞙勳瀯鞛� 靹る獏靹滌棎 瓿店皽霅� 牍勳瀯鞗� 鞚挫偓 響滌 氤挫儊 韺偆歆毳� 氚涥矊 霅╇媹雼�.

NYSE 靸侅灔 響滌 欤检嫕 韥措灅鞀� 氚� 靹犾垳鞙� 毂勱秾 氤挫鞚� 鞛檿鞚鸽悩鞐堨溂氅�, 鞁犿潵 靹膘灔 旮办梾 氚� 氅挫眳 甏霠� 鞚茧皹 瓿奠嫓霃� 鞝滉车霅橃棃鞀惦媹雼�.

Public Storage a d茅pos茅 un formulaire 8-K de longueur moyenne dat茅 du 30 juillet 2025.

Point 2.02 : La soci茅t茅 a publi茅 ses r茅sultats du 2e trimestre 2025 via un communiqu茅 de presse (Annexe 99.1). Les chiffres sp茅cifiques concernant les revenus, le FFO et les pr茅visions ne sont pas inclus dans ce d茅p么t ; les investisseurs doivent consulter l'annexe pour les d茅tails.

Point 5.02 : Le conseil d'administration est pass茅 de 12 脿 13 membres et a nomm茅 Luke Petherbridge, actuel PDG de Link Logistics, en tant qu'administrateur 颈苍诲茅辫别苍诲补苍迟, avec effet imm茅diat jusqu'脿 l'assembl茅e g茅n茅rale de 2026. Il rejoindra le comit茅 de nomination, de gouvernance et de durabilit茅. M. Petherbridge a re莽u une attribution initiale d'actions d'une valeur de 540 000 $ en unit茅s AO LTIP et b茅n茅ficiera du package de r茅mun茅ration standard pour administrateurs non salari茅s divulgu茅 dans la d茅claration de procuration 2025.

Les classes d'actions standard cot茅es 脿 la NYSE et les garanties des obligations senior ont 茅t茅 reconfirm茅es, et les divulgations habituelles concernant les entreprises en croissance 茅mergente et les indemnisations ont 茅t茅 fournies.

Public Storage hat ein mittellanges Formular 8-K mit Datum 30. Juli 2025 eingereicht.

Punkt 2.02: Das Unternehmen ver枚ffentlichte seine Ergebnisse f眉r das 2. Quartal 2025 per Pressemitteilung (Anlage 99.1). Spezifische Angaben zu Umsatz, FFO und Prognosen sind in dieser Einreichung nicht enthalten; Investoren m眉ssen die Anlage f眉r Details einsehen.

Punkt 5.02: Der Verwaltungsrat wurde von 12 auf 13 Mitglieder erweitert und ernannte Luke Petherbridge, den aktuellen CEO von Link Logistics, als 耻苍补产丑盲苍驳颈驳别苍 Treuh盲nder mit sofortiger Wirkung bis zur Hauptversammlung 2026. Er wird dem Ausschuss f眉r Nominierung, Governance & Nachhaltigkeit beitreten. Herr Petherbridge erhielt eine anf盲ngliche Aktienzuteilung im Wert von 540.000 $ in AO LTIP-Einheiten und erh盲lt das standardm盲脽ige Verg眉tungspaket f眉r nicht angestellte Treuh盲nder, das in der Proxy-Erkl盲rung 2025 offengelegt ist.

Standardm盲脽ige an der NYSE gelistete Aktienklassen und Garantien f眉r Senior Notes wurden best盲tigt, und routinem盲脽ige Offenlegungen f眉r wachstumsstarke Unternehmen sowie Haftungsfreistellungen wurden bereitgestellt.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
X
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Bonenberger David J

(Last) (First) (Middle)
645 HAMILTON STREET

(Street)
ALLENTOWN PA 18101

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
PPL Corp [ PPL ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP & COO-Utilities
3. Date of Earliest Transaction (Month/Day/Year)
07/28/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 07/28/2025 M 3,851.126 A $35.71 49,411.236(1) D
Common Stock 07/28/2025 F(2) 1,686 D $35.71 47,725.236(1) D
Common Stock 07/29/2025 S(3) 2,165 D $35.86 45,560.236(1) D
Common Stock 4,997.463(1) I Held in trust pursuant to the Employee Stock Ownership Plan.
Common Stock 100 I By Spouse in IRA.
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Unit (SIP) $0.00 07/28/2025 M 3,851.126(1) (4) (4) Common Stock 3,851.126(1) $0 0 D
Explanation of Responses:
1. Total includes the reinvestment of dividends.
2. 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).
3. Represesnts the sale of 2,165.00 shares of common stock pursuant to a 10b5-1 plan dated August 14, 2024.
4. The units vested on 7/28/2025.
/s/ W. Eric Marr, as Attorney-In-Fact for David J. Bonenberger 07/30/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What material event did Public Storage (PSA) report on July 30, 2025?

The company filed an 8-K announcing Q2 2025 earnings (via Exhibit 99.1) and the appointment of Luke Petherbridge to its Board.

Who is Luke Petherbridge and what role will he serve at Public Storage?

Petherbridge is CEO of Link Logistics and has been appointed as an independent trustee, also joining the Nominating, Governance & Sustainability Committee.

How many trustees does Public Storage have after the appointment?

The Board size increased from 12 to 13 trustees.

What compensation will the new trustee receive?

An initial equity award of AO LTIP units valued at $540,000 plus the standard non-employee trustee compensation package.

Where can investors find the detailed Q2 2025 financial results?

The full results are in the press release filed as Exhibit 99.1 to this 8-K.
PPL

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26.40B
738.06M
0.09%
79.68%
2.85%
Utilities - Regulated Electric
Electric Services
United States
ALLENTOWN