STOCK TITAN

PG&E Corp (PCG) EVP John R. Simon reports stock grant, tax forfeiture, gifts

Filing Impact
(Very High)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

PG&E Corp executive John R. Simon reported a mix of equity awards, tax-related share forfeitures, and gifts of common stock. He received a grant of 145,742 shares on March 1, 2026 at no cost, tied to vested performance shares under the PG&E Corporation 2021 Long-Term Incentive Plan, which are payable one-for-one in common stock.

On the same date, 92,782 shares were disposed of at $19 per share to cover tax withholding obligations related to the vesting of performance share units and restricted stock units. He also made bona fide gifts totaling 89,105 directly held shares and 89,105 shares held indirectly through the Simon Family Trust.

After these transactions, he directly owned 68,261.29 shares and indirectly owned 481,408 shares through the Simon Family Trust, plus approximately 3,237.15 shares held indirectly in the PG&E Corporation Retirement Savings Plan stock fund as of March 2, 2026.

Positive

  • None.

Negative

  • None.
Insider SIMON JOHN R
Role EVP, GC, Chief E&C Officer
Type Security Shares Price Value
Grant/Award Common Stock 145,742 $0.00 --
Tax Withholding Common Stock 92,782 $19.00 $1.76M
Gift Common Stock 89,105 $0.00 --
Gift Common Stock 89,105 $0.00 --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 250,148.29 shares (Direct); Common Stock — 481,408 shares (Indirect, Held by Simon Family Trust)
Footnotes (1)
  1. Vested performance shares granted under the PG&E Corporation 2021 Long-Term Incentive Plan for the performance cycle ended 12/31/2025. Performance shares are payable in shares of PG&E Corporation common stock on a one-for-one basis. Includes 162.29 Special Incentive Stock Ownership Premiums (SISOPs) (phantom stock) awarded pursuant to the PG&E Corporation Executive Stock Ownership Program. SISOPs vest three years after the date of grant subject to accelerated vesting upon certain events. Unvested SISOPs are subject to forfeiture if certain stock ownership targets are not met. Vested SISOPs are automatically payable in an equal number of shares following termination of employment. These shares were forfeited to satisfy tax withholding obligations in connection with the vesting of performance share units and restricted stock units. Represents the approximate number of shares of PG&E Corporation common stock held for the Reporting Person in the PG&E Corporation Stock Fund of the PG&E Corporation Retirement Savings Plan (RSP). That fund holds units consisting of PG&E Corporation common stock and a small short-term investments component. The number of shares is computed by dividing the value of the units by the daily closing price. Dividends are automatically invested in additional units at the election of the participant. These holdings have been trued up to conform to the RSP balance as of 3/2/2026.
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SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a 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). See Instruction 10.
1. Name and Address of Reporting Person*
SIMON JOHN R

(Last) (First) (Middle)
PG&E CORPORATION
300 LAKESIDE DRIVE

(Street)
OAKLAND CA 94612

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
PG&E Corp [ PCG ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP, GC, Chief E&C Officer
3. Date of Earliest Transaction (Month/Day/Year)
03/01/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 03/01/2026 A 145,742(1) A $0 250,148.29(2) D
Common Stock 03/01/2026 F 92,782(3) D $19 157,366.29 D
Common Stock 03/01/2026 G 89,105 D $0 68,261.29 D
Common Stock 03/01/2026 G 89,105 A $0 481,408 I Held by Simon Family Trust
Common Stock 3,237.15(4) I Held by Trustee of PG&E Corporation Retirement Savings Plan
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Vested performance shares granted under the PG&E Corporation 2021 Long-Term Incentive Plan for the performance cycle ended 12/31/2025. Performance shares are payable in shares of PG&E Corporation common stock on a one-for-one basis.
2. Includes 162.29 Special Incentive Stock Ownership Premiums (SISOPs) (phantom stock) awarded pursuant to the PG&E Corporation Executive Stock Ownership Program. SISOPs vest three years after the date of grant subject to accelerated vesting upon certain events. Unvested SISOPs are subject to forfeiture if certain stock ownership targets are not met. Vested SISOPs are automatically payable in an equal number of shares following termination of employment.
3. These shares were forfeited to satisfy tax withholding obligations in connection with the vesting of performance share units and restricted stock units.
4. Represents the approximate number of shares of PG&E Corporation common stock held for the Reporting Person in the PG&E Corporation Stock Fund of the PG&E Corporation Retirement Savings Plan (RSP). That fund holds units consisting of PG&E Corporation common stock and a small short-term investments component. The number of shares is computed by dividing the value of the units by the daily closing price. Dividends are automatically invested in additional units at the election of the participant. These holdings have been trued up to conform to the RSP balance as of 3/2/2026.
Remarks:
/s/ Koyo Konishi, attorney-in-fact for John R. Simon (signed Power of Attorney on file with SEC) 03/03/2026
** Signature of Reporting Person Date
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.

FAQ

What insider transactions did PG&E Corp (PCG) report for John R. Simon?

PG&E executive John R. Simon reported a stock grant, tax-related share forfeitures, and bona fide gifts of common stock. He received 145,742 shares, forfeited 92,782 shares for taxes, and gifted 89,105 directly held shares plus 89,105 shares associated with the Simon Family Trust.

Was the PG&E Corp (PCG) insider transaction a stock purchase or sale?

The transactions involved equity awards, tax withholding, and gifts, not open-market buying or selling. Simon received a share grant, surrendered shares to cover tax obligations, and made bona fide gifts of common stock from both directly held shares and trust-related holdings.

How many PG&E Corp (PCG) shares did John R. Simon receive and forfeit?

He received 145,742 common shares at no cost from vested performance shares and forfeited 92,782 shares at $19 per share to satisfy tax withholding obligations tied to the vesting of performance share units and restricted stock units under PG&E’s incentive programs.

What gifts of PG&E Corp (PCG) stock were reported by John R. Simon?

The filing shows bona fide gifts of 89,105 directly held PG&E common shares and 89,105 shares associated with the Simon Family Trust. These are coded as gift transfers, reflecting non-sale dispositions of stock to other recipients rather than market transactions.

What are John R. Simon’s PG&E Corp (PCG) holdings after these transactions?

After the reported activity, Simon directly held 68,261.29 PG&E common shares and indirectly held 481,408 shares through the Simon Family Trust. He also had about 3,237.15 shares indirectly via the PG&E Corporation Retirement Savings Plan stock fund, trued up as of March 2, 2026.

How are PG&E Corp (PCG) retirement plan holdings reported for John R. Simon?

The Form 4 shows approximately 3,237.15 PG&E shares held indirectly for Simon in the Retirement Savings Plan stock fund. This fund holds units tied to PG&E stock plus short-term investments, and the share count is computed using the fund’s value and daily closing price.