---
schema_version: "secwatch.filing_event.v1"
accession: "0000922224-25-000062"
form_type: "8-K"
ticker: "PPL"
cik: "0000922224"
company_name: "PPL Corp"
filed_at: "2025-12-29T23:59:59+00:00"
generated_at: "2026-05-16T12:12:52.802773+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# PPL settles 11.3M shares of forward agreements, raises $400M in equity

## Summary
- Physically settled approx 11.3M shares of common stock on Dec 29, 2025 for $400M net proceeds.
- Original forward agreements totaled ~38.7M shares ($1.4B); 27.4M shares ($1.0B) remain unsettled.
- Remaining forward agreements mature by Dec 30, 2026 and Aug 11, 2027 respectively.
- Settlement under existing Equity Distribution Agreement and Master Forward Confirmations from Feb 2025.

## SEC filing metadata
- accession: 0000922224-25-000062
- form_type: 8-K
- ticker: PPL
- cik: 0000922224
- company_name: PPL Corp
- filed_at: 2025-12-29T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/922224/000092222425000062/0000922224-25-000062-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/922224/000092222425000062/ppl-20251229.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000922224-25-000062
- JSON: https://secwatch.observer/filing/0000922224-25-000062.json
- Plain text: https://secwatch.observer/filing/0000922224-25-000062.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.