PG&E director plans $89K stock sale under 144
A PG&E Corp director filed a Rule 144 notice to sell 6,500 common shares valued at about $89,440.
Rhea-AI Filing Summary
PG&E Corp (PCG) received a notice that director Craig Fugate intends to sell common stock under Rule 144. The planned transaction covers 6,500 shares of common stock, acquired through a restricted stock lapse on May 22, 2026, with the shares held at Charles Schwab & Co., Inc. The filing indicates an approximate transaction value of $89,440 and lists the New York Stock Exchange as the trading venue.
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Key Figures
Shares to be sold: 6,500 shares
Approximate value of shares: $89,440.00
Security type: Common stock
+2 more
5 metrics
Shares to be sold
6,500 shares
Common stock covered by the director’s planned Rule 144 sale
Approximate value of shares
$89,440.00
Indicated value for the 6,500 PG&E Corp common shares
Security type
Common stock
Shares of PG&E Corp reported in the Rule 144 notice
Acquisition date of shares
May 22, 2026
Date of Restricted Stock Lapse creating the equity compensation shares
Planned transaction reporting date
September 4, 2026
Date associated with the Rule 144 sale information
Key Terms
Rule 144, Restricted Stock Lapse, Equity Compensation
3 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Restricted Stock Lapse financial
"Common | 05/22/2026 | Restricted Stock Lapse | PG&E Corp"
Equity Compensation financial
"05/22/2026 | Equity Compensation"
Equity compensation is pay given to employees, executives or contractors in the form of company ownership—such as stock, stock options or restricted shares—rather than just cash. It matters to investors because it can align workers' incentives with shareholders (like paying someone in slices of the same pie they help grow), but it also increases the number of shares outstanding and company expenses, affecting ownership percentages and earnings per share.
FAQ
What insider transaction was disclosed for PCG in this notice?
The notice discloses that director Craig Fugate intends to sell 6,500 shares of PG&E Corp common stock under Rule 144, with an indicated value of about $89,440.
AI-generated analysis. How Rhea-AI works. Not financial advice.