Carla Peterman - Mar 1, 2025 Form 4 Insider Report for PG&E Corp (PCG)

Signature
/s/ J. Ellen Conti, Attorney-in-fact for Carla Peterman (Signed Power of Attorney on file with SEC)
Stock symbol
PCG
Transactions as of
Mar 1, 2025
Transactions value $
-$1,512,197
Form type
4
Date filed
3/4/2025, 08:03 PM
Previous filing
Jun 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PCG Common Stock Award $0 +125K +104.9% $0.00 244K Mar 1, 2025 Direct F1
transaction PCG Common Stock Tax liability -$980K -60K -24.56% $16.34 184K Mar 1, 2025 Direct F2
transaction PCG Common Stock Award $0 +32K +17.35% $0.00 216K Mar 3, 2025 Direct F3
transaction PCG Common Stock Sale -$532K -32.5K -15.05% $16.37 184K Mar 4, 2025 Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

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).

Explanation of Responses:

Id Content
F1 Vested performance shares granted under the PG&E Corporation 2021 Long-Term Incentive Plan (LTIP) for the performance cycle ended 12/31/2024. Performance shares are payable in shares of PG&E Corporation common stock on a one-for-one basis.
F2 These shares were forfeited to satisfy tax withholding obligations in connection with the vesting of performance share units.
F3 Restricted Stock Units (RSUs) granted under the PG&E Corporation 2021 LTIP. RSUs are payable in shares of PG&E Corporation stock on a one-for-one basis.
F4 The reported transaction occurred pursuant to a trading plan intended to comply with Rule 10b5-1(c) and adopted on November 15, 2024.
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.29 to $16.46, inclusive. The reporting person undertakes to provide to PG&E Corporation, any security holder of PG&E Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote 5 to this Form 4.