# EDGAR Filing Document

**Accession Number:** 0001959928
**File Stem:** 0001209191-23-002567
**Filing Date:** 2023-1
**Character Count:** 9348
**Document Hash:** 44cd29e7028edf52b218cc6d0bdc28a7
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001209191-23-002567.hdr.sgml**: 20230109

**ACCESSION NUMBER**: 0001209191-23-002567

**CONFORMED SUBMISSION TYPE**: 3

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20230101

**FILED AS OF DATE**: 20230109

**DATE AS OF CHANGE**: 20230109

**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** Sullivan Francis X
- **CENTRAL INDEX KEY:** 0001959928

**FILING VALUES:**
- **FORM TYPE:** 3
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-11459
- **FILM NUMBER:** 23518534

**MAIL ADDRESS:**
- **STREET 1:** TWO NORTH NINTH STREET
- **CITY:** ALLENTOWN
- **STATE:** PA
- **ZIP:** 18101
**ISSUER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PPL Corp
- **CENTRAL INDEX KEY:** 0000922224
- **STANDARD INDUSTRIAL CLASSIFICATION:** ELECTRIC SERVICES [4911]
- **IRS NUMBER:** 232758192
- **FISCAL YEAR END:** 1231

**BUSINESS ADDRESS:**
- **STREET 1:** TWO N NINTH ST
- **CITY:** ALLENTOWN
- **STATE:** PA
- **ZIP:** 18101-1179
- **BUSINESS PHONE:** 610-774-5151

**MAIL ADDRESS:**
- **STREET 1:** TWO N NINTH ST
- **CITY:** ALLENTOWN
- **STATE:** PA
- **ZIP:** 18101-1179

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PPL CORP
- **DATE OF NAME CHANGE:** 20000214

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PP&L RESOURCES INC
- **DATE OF NAME CHANGE:** 19941123

## Ex-24

```

POWER OF ATTORNEY

	Francis X. Sullivan, the undersigned, who is deemed to be an executive officer
of PPL Corporation (the "Company"), a Pennsylvania corporation, hereby appoints
Wendy E. Stark, Jeffrey R. Jankowski, Bree F. Archambault, and W. Eric Marr, and
each of them, his true and lawful attorneys-in-fact to execute for the
undersigned and file in his name all Securities and Exchange Commission ("SEC")
forms regarding ownership of Company securities as required of the undersigned
under the provisions of the Securities Act of 1933 and the Securities Exchange
Act of 1934, each as amended, and regulations of the SEC.  The undersigned
hereby grants to each such attorney full power and authority to do and perform
in the name of and on behalf of the undersigned, and in any and all capacities,
any act and thing whatsoever required or necessary to be done for such purposes,
as fully and to all intents and purposes as the undersigned might do, hereby
ratifying and approving the acts of each such attorney.

	This Power of Attorney shall remain in full force and effect until the
undersigned is no longer required to file such SEC forms, unless earlier revoked
by the undersigned in a signed writing delivered to the foregoing
attorneys-in-fact.

	IN WITNESS WHEREOF, the undersigned has hereunto set his hand this 22nd day of
December, 2022.

                          /s/ Francis X. Sullivan
                          ______________________________
			              Francis X. Sullivan

```

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM 3

### INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>Sullivan Francis X<br><sub>(Last) (First) (Middle)</sub><br>TWO NORTH NINTH STREET<br><sub>(Street)</sub><br>ALLENTOWN, PA 18101<br><sub>(City) (State) (Zip)</sub> | **3. Issuer Name and Ticker or Trading Symbol**<br>PPL Corp [ PPL ] | **5. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  |
| **2. Date of Event Requiring Statement (Month/Day/Year)**<br>2023-01-01 | **4. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[ ] Director   [ ] 10% Owner<br>[X] Officer (give title below)   [ ] Other (specify below)<br>_EVP and COO_ | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[X] Form filed by One Reporting Person<br>[ ] Form filed by More than One Reporting Person |

---

## Table I - Non-Derivative Securities Beneficially Owned

---

|  |  |  |  |
| --- | --- | --- | --- |
| 1. Title of Security | 2. Amount of Securities Beneficially Owned | 3. Ownership Form | 4. Nature of Indirect Beneficial Ownership |
| Common Stock | 0 | D |  |

---

## Table II - Derivative Securities Beneficially Owned

---

|  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Derivative Security | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 3. Title and Amount of Underlying Securities | 3. Title and Amount of Underlying Securities | 4. Conversion or Exercise Price | 5. Ownership Form | 6. Nature of Indirect Beneficial Ownership |
| 1. Title of Derivative Security | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | 4. Conversion or Exercise Price | 5. Ownership Form | 6. Nature of Indirect Beneficial Ownership |
| Stock Unit (ICPKE) | <sup>(1)</sup> | <sup>(1)</sup> | Common Stock | 233 | <sup>(2)</sup> | D |  |
| Stock Unit (ICPKE) | <sup>(3)</sup> | <sup>(3)</sup> | Common Stock | 913 | <sup>(2)</sup> | D |  |
| Performance Unit (ICPKE) | <sup>(4)</sup> | <sup>(4)</sup> | Common Stock | 486.349<sup>(5)</sup> | <sup>(4)</sup> | D |  |
| Performance Unit (ICPKE) | <sup>(6)</sup> | <sup>(6)</sup> | Common Stock | 486.349<sup>(5)</sup> | <sup>(6)</sup> | D |  |
| Performance Unit (ICPKE) | <sup>(7)</sup> | <sup>(7)</sup> | Common Stock | 941.948<sup>(5)</sup> | <sup>(7)</sup> | D |  |
| Performance Unit (ICPKE) | <sup>(8)</sup> | <sup>(8)</sup> | Common Stock | 941.948<sup>(5)</sup> | <sup>(8)</sup> | D |  |
| Performance Unit (ICPKE) | <sup>(9)</sup> | <sup>(9)</sup> | Common Stock | 1882.863<sup>(5)</sup> | <sup>(9)</sup> | D |  |

---

### Footnotes:

(1) The units will vest on 10/01/2024.

(2) No conversion or exercise price applies. Under the terms of the Incentive Compensation Plan for Key Employees (ICPKE), a restricted stock unit converts to a share of common stock on the applicable vesting date.

(3) The units will vest on 01/27/2025.

(4) No conversion or exercise price or exercise or expiration date applies. Under the terms of the Incentive Compensation Plan for Key Employees (ICPKE), all, some or none of the underlying securities will be earned depending on the Company's performance relative to an industry peer group over a three-year performance period ending 12/31/2023. Determination of number of underlying securities that have been earned, if any, will be made by the Compensation Committee in January 2024.

(5) Total includes the reinvestment of dividends.

(6) No conversion or exercise price or exercise or expiration date applies. Under the terms of the Incentive Compensation Plan for Key Employees (ICPKE), all, some or none of the underlying securities will be earned depending on the Company's return on equity over a one-year performance period ending 12/31/2021, but will not vest, if at all, until the end of the three-year period ending 12/31/2023. Determination of number of underlying securities that have been earned, if any, will be made by the Compensation Committee in January 2024.

(7) No conversion or exercise price or exercise or expiration date applies. Under the terms of the Incentive Compensation Plan for Key Employees (ICPKE), 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 12/31/2024. Determination of number of underlying securities that have been earned, if any, will be made by the Compensation Committee in January 2025

(8) No conversion or exercise price or exercise or expiration date applies. Under the terms of the Incentive Compensation Plan for Key Employees (ICPKE), all, some or none of the underlying securities will be earned depending on the Company's achievement of certain ESG-related metrics over a three-year performance period ending 12/31/2024. Determination of number of underlying securities that have been earned, if any, will be made by the Compensation Committee in January 2025

(9) No conversion or exercise price or exercise or expiration date applies. Under the terms of the Incentive Compensation Plan for Key Employees (ICPKE), all, some or none of the underlying securities will be earned depending on the Company's performance relative to an industry peer group over a three-year performance period ending 12/31/2024. Determination of number of underlying securities that have been earned, if any, will be made by the Compensation Committee in January 2025.

**Signature:** /s/ W. Eric Marr, as Attorney-In-Fact for Francis X. Sullivan  
**Date:** 2023-01-09

### Remarks:

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.**