PPL insider ownership: who sold, why, and what they still hold

Who	Shares	Price	% of total stake	Total stake after	Trade date	Filed
Christine Martin President of a PPL Subsidiary	346	$34.47	0.7%	48K	Sep 1, 2026	Sep 2, 2026

What stands out

Tax withholding outweighed market sales: the company withheld $10.5M of officers' and directors' shares for taxes, against $251K sold on the open market. The largest was Vincent Sorgi ($5.3M withheld).Largest withholding, Jan 29, 2026

Percentages cover 11 of 22 officers and directors. 11 are left out

Left out: Craig Rogerson, Keith Williamson, Natica von Althann, Venkata Madabhushi, Armando De Lima, Phoebe Wood, Art Beattie, Heather Redman, Linda Sullivan, Dean Del Vecchio and Kenneth Hartwick (held no vested shares at the start).

Disclosed company stock is not an insider's whole wealth.

Who sold, and how much of their stake

Officers and directors, past 12 months. Each bar is 100% of that person's own stake; not comparable between people. The stake is the vested shares held at the start of the period (Oct 9, 2025); the gold part is what they sold.

John Cornett

President of a PPL Subsidiary

Sold $251K (plan status beside the amount). That is 48% of the shares held or received (after tax withholding) during the period†. A share of the starting stake is not shown: most of these shares arrived during the period. Why

$251KDisclosed plan

Amounts, filings and trading plans for each seller

Selling by month

Officers and directors, Oct 2025 to Oct 2026. Each sale is counted once: under a disclosed plan, else to cover taxes, else no plan disclosed.

Disclosed planOne dollar scale for every month; the tallest bar is labeled

Common questions

Is the PPL Corporation CEO selling stock?

No. Vincent Sorgi reported no open-market sales in the past 12 months.

Why are PPL Corporation insiders selling?

Filings rarely give a reason, and we don't guess at one. What they show is how the sales were made: 100% of sales by value ran under 10b5-1 trading plans disclosed in the filings. A trading plan schedules sales in advance.

Are any PPL Corporation insiders buying?

No. Officers and directors reported no purchases in the past 12 months.

How much of their stake did PPL Corporation insiders sell?

About 0.5% of the shares they held or received (after tax withholding) during the period. The usual measure, against starting holdings alone, can't be used here because most of the shares sold arrived during the period. That covers the 12 months to Oct 9, 2026 and counts vested shares reported on SEC Forms 3, 4 and 5, which is not an insider's whole wealth.

The evidence

Who sold1 officer or director: amount, % of holdings, trading plan

Who sold	Amount	% of holdings	Trading plan
John Cornett President of a PPL Subsidiary	$251K 7.1K shares	48%† i † Most of the shares John Cornett sold arrived during the period, so this is shares sold as a share of the 7.8K held at the start plus the 10K received, less 3.4K withheld by the company for taxes.	Disclosed plan

The full ownership picture22 of 22 insiders fully reconciled · 12 officers and directors

Vested shares across all share classes, held directly and through trusts, LLCs and family members, as reported on SEC Forms 3, 4 and 5. Unvested awards and options are never counted as owned shares.

Insider

Held Oct 9, 2025

Sold

Held Oct 9, 2026

Still held

Vincent Sorgi

Minor difference of 6,926 shares. Small increase from dividend reinvestment. Small increase from dividend reinvestment.

President and CEO

473K

613K

no sales

Vesting, gifts, unvested awards and holding lines for Vincent Sorgi

+342Kshares vested or exercised

−63Kgifted (net of own trusts)

−146Kwithheld by the company for taxes

474K → 715Kunvested awards, start → end

Small increase from dividend reinvestment. Filing 1 Filing 2 Filing 3

Held through	Share class	Oct 9, 2025	Oct 9, 2026
Direct	Common Stock	472,721	612,492
Held in trust pursuant to the Employee Stock Ownership Plan	Common Stock	176	180

Reconciliation: minor difference of 6,926 shares. Small increase from dividend reinvestment.

Joseph Bergstein Jr.

Minor difference of 16 shares. Difference is under 0.5% of holdings. New Form 3 filed 2019-07-02; earlier filings set aside.

EVP and CFO

153K

215K

no sales

Vesting, gifts, unvested awards and holding lines for Joseph Bergstein Jr.

+104Kshares vested or exercised

0gifted (net of own trusts)

−42Kwithheld by the company for taxes

123K → 187Kunvested awards, start → end

New Form 3 filed 2019-07-02; earlier filings set aside.

Held through	Share class	Oct 9, 2025	Oct 9, 2026
Direct	Common Stock	152,068	214,496
Held in trust pursuant to the Employee Stock Ownership Plan	Common Stock	383	395
As custodian for children under the Dividend Reinvestment Plan	Common Stock	61	63

Reconciliation: minor difference of 16 shares. Difference is under 0.5% of holdings.

Wendy Stark

EVP & CLO

60K

105K

no sales

Vesting, gifts, unvested awards and holding lines for Wendy Stark

+72Kshares vested or exercised

0gifted (net of own trusts)

−28Kwithheld by the company for taxes

89K → 136Kunvested awards, start → end

Held through	Share class	Oct 9, 2025	Oct 9, 2026
Direct	Common Stock	60,032	104,626

David Bonenberger

Minor difference of 328 shares. Difference is under 0.5% of holdings.

EVP & COO-Utilities

51K

77K

no sales

Vesting, gifts, unvested awards and holding lines for David Bonenberger

+40Kshares vested or exercised

0gifted (net of own trusts)

−13Kwithheld by the company for taxes

81K → 117Kunvested awards, start → end

Held through	Share class	Oct 9, 2025	Oct 9, 2026
Direct	Common Stock	45,560	71,961
Held in trust pursuant to the Employee Stock Ownership Plan	Common Stock	4,997	5,111
Spouse in IRA	Common Stock	100	100

Reconciliation: minor difference of 328 shares. Difference is under 0.5% of holdings.

Marlene Beers

Vice President and Controller

45K

56K

no sales

Vesting, gifts, unvested awards and holding lines for Marlene Beers

+16Kshares vested or exercised

0gifted (net of own trusts)

−4.9Kwithheld by the company for taxes

21K → 31Kunvested awards, start → end

Held through	Share class	Oct 9, 2025	Oct 9, 2026
Direct	Common Stock	43,626	54,953
Has investment power over shares owned by family member	Common Stock	1,500	1,500

Christine Martin

Minor difference of 14 shares. Difference is under 0.5% of holdings.

President of a PPL Subsidiary

37K

48K

no sales

Vesting, gifts, unvested awards and holding lines for Christine Martin

+16Kshares vested or exercised

0gifted (net of own trusts)

−4.8Kwithheld by the company for taxes

31K → 53Kunvested awards, start → end

Held through	Share class	Oct 9, 2025	Oct 9, 2026
Direct	Common Stock	36,433	47,602
Held in trust pursuant to the Employee Stock Ownership Plan	Common Stock	239	249

Reconciliation: minor difference of 14 shares. Difference is under 0.5% of holdings.

Lonnie Bellar

EVP-Eng, Constr and Gen

30K

42K

no sales

Vesting, gifts, unvested awards and holding lines for Lonnie Bellar

+18Kshares vested or exercised

0gifted (net of own trusts)

−5.5Kwithheld by the company for taxes

12K → 38Kunvested awards, start → end

Held through	Share class	Oct 9, 2025	Oct 9, 2026
Direct	Common Stock	29,753	42,205

Angela Gosman

EVP and CHRO

29K

57K

no sales

Vesting, gifts, unvested awards and holding lines for Angela Gosman

+43Kshares vested or exercised

0gifted (net of own trusts)

−15Kwithheld by the company for taxes

68K → 103Kunvested awards, start → end

Held through	Share class	Oct 9, 2025	Oct 9, 2026
Direct	Common Stock	28,618	56,615

John Crockett III

President of a PPL Subsidiary

24K

52K

no sales

Vesting, gifts, unvested awards and holding lines for John Crockett III

+45Kshares vested or exercised

0gifted (net of own trusts)

−17Kwithheld by the company for taxes

50K → 70Kunvested awards, start → end

Held through	Share class	Oct 9, 2025	Oct 9, 2026
Direct	Common Stock	23,650	52,184

Tadd Henninger

Minor difference of 2 shares. Difference is under 0.5% of holdings.

SVP-Finance and Treasurer

11K

23K

no sales

Vesting, gifts, unvested awards and holding lines for Tadd Henninger

+17Kshares vested or exercised

0gifted (net of own trusts)

−5Kwithheld by the company for taxes

35K → 48Kunvested awards, start → end

Held through	Share class	Oct 9, 2025	Oct 9, 2026
Direct	Common Stock	11,259	22,965
Held in trust pursuant to the Employee Stock Ownership Plan	Common Stock	99	102

Reconciliation: minor difference of 2 shares. Difference is under 0.5% of holdings.

John Cornett

President of a PPL Subsidiary

7.8K

−7.1K

7.8K

not meaningful

Vesting, gifts, unvested awards and holding lines for John Cornett

+10Kshares vested or exercised

0gifted (net of own trusts)

−3.4Kwithheld by the company for taxes

13K → 42Kunvested awards, start → end

Held through	Share class	Oct 9, 2025	Oct 9, 2026
Direct	Common Stock	7,834	7,769

Dean Del Vecchio

EVP and CTIO

1.7K

no sales

Vesting, gifts, unvested awards and holding lines for Dean Del Vecchio

+2.9Kshares vested or exercised

0gifted (net of own trusts)

−1.2Kwithheld by the company for taxes

145K → 176Kunvested awards, start → end

Held through	Share class	Oct 9, 2025	Oct 9, 2026
Direct	Common Stock	0	1,651

22 of 22 insiders fully reconciled: starting holdings plus reported transactions match ending holdings (17 exactly, 5 with a minor or footnoted difference). Percentages cover 11 of 22 officers and directors. Left out: Craig Rogerson, Keith Williamson, Natica von Althann, Venkata Madabhushi, Armando De Lima, Phoebe Wood, Art Beattie, Heather Redman, Linda Sullivan, Dean Del Vecchio and Kenneth Hartwick (held no vested shares at the start). "Still held" compares ending with starting vested shares; a plus sign means the holding grew.

What explains the selling$251K of sales by plan status, purpose, seller and month

Officer and director open-market sales: $251K across 7,051 shares. Plan status and stated purpose are separate questions, and a sale can have both.

By plan status

Disclosed plan · $251K · 100%

Taxes

285,526 shares ($10.5M) were withheld by the company for taxes, which isn't a market sale.

Seller	Shares sold	Proceeds	Under a disclosed plan	Share of total	Sales dates
John Cornett President of a PPL Subsidiary	7.1K	$251K	100%	100%	Jun 12, 2026 to Jun 12, 2026

Sales by month

Month	Sale proceeds	Disclosed plan	To cover taxes	No plan disclosed
Oct 2025	$0	$0	$0	$0
Nov 2025	$0	$0	$0	$0
Dec 2025	$0	$0	$0	$0
Jan 2026	$0	$0	$0	$0
Feb 2026	$0	$0	$0	$0
Mar 2026	$0	$0	$0	$0
Apr 2026	$0	$0	$0	$0
May 2026	$0	$0	$0	$0
Jun 2026	$251K	$251K	$0	$0
Jul 2026	$0	$0	$0	$0
Aug 2026	$0	$0	$0	$0
Sep 2026	$0	$0	$0	$0
Oct 2026	$0	$0	$0	$0

Is this normal? Selling year by year5 earlier years to compare with

Less than usual: about one-tenth of the 5-year average. 1 insider sold; the average is 3 a year.

12 months ending	Shares sold	Insiders who sold	Proceeds
Oct 9, 2026 Latest 12 months	7.1K	1	$251K
Oct 9, 2025 1 year earlier	80K	5	$2.8M
Oct 9, 2024 2 years earlier	18K	1	$498K
Oct 10, 2023 3 years earlier	54K	3	$1.6M
Oct 10, 2022 4 years earlier	115K	5	$3.4M
Oct 10, 2021 5 years earlier	75K	3	$2.1M

Open-market sales (Form 4 code S) by people who were officers or directors, in split-adjusted shares. Earlier years include people who have since left. A sale that an outside holder also reports (a family trust, a fund) is counted with outside holders in every year. Shares, not dollars, are compared, so a change in the stock price doesn't look like a change in selling. Years the filings don't fully cover are shown but left out of the average.

Known gaps and uncertaintyEvery officer and director reconciles

Every officer and director reconciles for this period.

Vincent Sorgi: minor difference of 6,926 shares. Small increase from dividend reinvestment.

Joseph Bergstein Jr.: minor difference of 16 shares. Difference is under 0.5% of holdings.

David Bonenberger: minor difference of 328 shares. Difference is under 0.5% of holdings.

Christine Martin: minor difference of 14 shares. Difference is under 0.5% of holdings.

Tadd Henninger: minor difference of 2 shares. Difference is under 0.5% of holdings.

Inferred rename: "Spouse" is treated as the same holder as "Held in the account of Mr. Hecht's spouse", because the old name was never reported again and the new one opened with the same balance (67,442 shares). Old name, new name

Inferred rename: "As custodian for daugher under Uniform Gifts to Minor Act; held in Dividend Reinvestment Plan" is treated as the same holder as "As custodian for daughter under Uniform Gifts to Minor Act", because the old name was never reported again and the new one opened with the same balance (9 shares). Old name, new name

External context: we only cite outside events when a documented connection exists. None is shown for this period.

Sources and methodology2,654 filings from SEC EDGAR, and how we read them

All 2,654 Forms 3, 4 and 5 filed for PPL Corporation (SEC CIK 922224) from Jun 2, 2003 to Oct 2, 2026, retrieved from SEC EDGAR on Oct 9, 2026. Prices are the ones reported in each filing, often weighted averages. 2 filings were left out because PPL Corporation filed them as an owner of another company's stock.

Probable 2-for-1 stock split on or before Sep 8, 2005 (first filing that shows post-split balances). Splits aren't reported as transactions; 6 holding lines changed by exactly this ratio, so earlier share counts are restated.

Holdings. Each holding line (a share class plus an owner, such as a trust or LLC) carries its last reported balance forward. Entities first reported during the period start at zero, so transfers between an insider's own trusts don't count as selling. Lines not reported for three years or more are listed separately and left out of totals.

Sales. A sale counts as under a 10b5-1 plan if its footnote cites one or the filing's Rule 10b5-1 box is checked, and as tax-related if its footnote cites tax obligations or sell-to-cover. Shares withheld by the company for taxes are listed separately. Sales with neither attribute are labeled "no plan disclosed".

Full methodology

Former or inactive filers (40)No filing in 18 months; last reported balances, not in any total

Name	Last filed	Last reported balance
Francis Sullivan	Feb 18, 2025	5,436 shares, last reported balance as of Feb 13, 2025
Stephanie Raymond	Feb 22, 2023	26,736 shares, last reported balance as of Feb 17, 2023
Gregory Dudkin	Jan 24, 2023	63,213 shares, last reported balance as of Jan 23, 2023
Steven Elliott	Apr 4, 2022	No balance on record
John Conway	Apr 5, 2021	2,382 shares, last reported balance as of Mar 2, 2005
Joanne Raphael	Feb 23, 2021	48,332 shares, last reported balance as of Feb 22, 2021
William Spence	Feb 22, 2021	147,761 shares, last reported balance as of Feb 18, 2021
Paul Thompson	Feb 22, 2021	38,879 shares, last reported balance as of Feb 18, 2021
Philip Swift	Feb 22, 2021	9,402 shares, last reported balance as of Feb 18, 2021
Rodney Adkins	Apr 2, 2019	No balance on record
Stephen Breininger	Jan 25, 2019	15,910 shares, last reported balance as of Jan 22, 2019
Victor Staffieri	Mar 1, 2018	No balance on record
Robert Symons	Jan 29, 2018	7,649 shares, last reported balance as of Jan 26, 2018
Robert Grey	Jan 26, 2016	26,158 shares, last reported balance as of Jan 25, 2016
Mark Wilten	Aug 24, 2015	34 shares, last reported balance as of Aug 20, 2015
Paul Farr	Jun 3, 2015	21,596 shares, last reported balance as of Jun 1, 2015
Frederick Bernthal	May 5, 2015	No balance on record
Louise Goeser	May 5, 2015	No balance on record
Stuart Heydt	May 5, 2015	No balance on record
Stuart Graham	May 5, 2015	5,000 shares, last reported balance as of Dec 16, 2008
Philip Cox	May 5, 2015	No balance on record
Robert Gabbard	Feb 4, 2015	54,024 shares, last reported balance as of Feb 3, 2015
Rick Klingensmith	Jun 2, 2014	23,141 shares, last reported balance as of May 30, 2014
David DeCampli	Jun 2, 2014	47,189 shares, last reported balance as of May 30, 2014
James Abel	Jan 30, 2012	20,549 shares, last reported balance as of Jan 21, 2012
James Miller	Jan 30, 2012	88,758 shares, last reported balance as of Jan 21, 2012
Jerry Simmons Jr.	Jan 24, 2012	2,104 shares, last reported balance as of Jan 21, 2012
Allen Deaver	May 3, 2011	No balance on record
Keith Smith	Jun 2, 2010	1,300 shares, last reported balance as of Aug 20, 2009
Susan Stalnecker	Jan 5, 2009	No balance on record
Clarence Hopf Jr.	Jun 24, 2008	46,952 shares, last reported balance as of Jun 23, 2008
Bryce Shriver	Mar 26, 2008	30,337 shares, last reported balance as of Mar 24, 2008
Paul Champagne	Mar 10, 2008	120,554 shares, last reported balance as of Jan 28, 2008
William Hecht	Feb 2, 2007	215,205 shares, last reported balance as of Aug 25, 2006
John Biggar	Jan 29, 2007	151,245 shares, last reported balance as of Jan 25, 2007
Roger Petersen	May 23, 2006	78,549 shares, last reported balance as of May 22, 2006
John Sipics	Mar 3, 2006	30,185 shares, last reported balance as of Mar 3, 2006
Lawrence De Simone	Aug 2, 2004	75,232 shares, last reported balance as of Jul 30, 2004
Mark Woods	Mar 18, 2004	2,166 shares, last reported balance as of Mar 16, 2004
Joseph McCabe	Feb 2, 2004	11,904 shares, last reported balance as of Feb 2, 2004

Spotted something wrong on this page? Report an error. We check every report against the SEC filing and list what we fix in the corrections log.

PPL Corporation insiders sold $251K in the past 12 months. How much of their stake is that?

What stands out

Who sold, and how much of their stake

Selling by month

Common questions

Is the PPL Corporation CEO selling stock?

Why are PPL Corporation insiders selling?

Are any PPL Corporation insiders buying?

How much of their stake did PPL Corporation insiders sell?

The evidence

Taxes

Sales by month