PG&E director granted 10,948 stock units

Wilson Benjamin Francis reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

Wilson Benjamin Francis reported acquisition or exercise transactions in this Form 4 filing.

PG&E Corp director Benjamin Francis Wilson received a grant of 10,948 Restricted Stock Units (RSUs) of common stock at no cost under the PG&E Corporation 2021 Long Term Incentive Plan. Each RSU is payable in one share of PG&E common stock.

The RSUs vest upon the earliest of one year from grant, the last day of the director's elected term, certain termination events, or specified change in control events under the plan. Following this award, Wilson directly holds 80,598.98 shares of PG&E common stock.

Insider Trade Summary

Grant/Award: 10,948 shares

Grant/Award 1 txn

Insider Wilson Benjamin Francis

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	10,948	$0.00	$0.00

Holdings After Transaction: Common Stock — 80,598.98 shares (Direct)

Footnotes (2)

1. F1. Restricted Stock Units (RSUs) granted under the PG&E Corporation 2021 Long Term Incentive Plan (LTIP). RSUs are payable in shares of PG&E Corporation common stock on a one-for-one basis. As described in the LTIP, RSUs vest upon the earliest of one year from the date of grant; the last day of a director's elected term; a director's death, disability, or termination following a change in control; or a change in control in which the acquiror does not assume, continue, or substitute the award.
2. F2. This total reflects the acquisition of 110.77 RSUs on 7/15/2025, 86.50 RSUs on 10/15/2025, 183.14 RSUs on 1/15/2026, and 138.59 RSUs on 4/15/2026 pursuant to a dividend reinvestment feature of the PG&E Corporation 2021 LTIP.

Key Figures

RSU grant size: 10,948 RSUs Grant price: $0.00 per unit Total holdings after grant: 80,598.98 shares +4 more

7 metrics

RSU grant size 10,948 RSUs Award of PG&E common stock units to director on May 21, 2026

Grant price $0.00 per unit Director equity award with no cash paid per RSU

Total holdings after grant 80,598.98 shares Direct PG&E common stock holdings following RSU award

Dividend reinvestment RSUs 07/15/2025 110.77 RSUs RSUs acquired via LTIP dividend reinvestment feature

Dividend reinvestment RSUs 10/15/2025 86.50 RSUs Additional RSUs from LTIP dividend reinvestment

Dividend reinvestment RSUs 01/15/2026 183.14 RSUs RSUs accumulated through dividend reinvestment

Dividend reinvestment RSUs 04/15/2026 138.59 RSUs Further RSUs via 2021 LTIP dividend reinvestment

Key Terms

Restricted Stock Units (RSUs), PG&E Corporation 2021 Long Term Incentive Plan (LTIP), dividend reinvestment feature, change in control

4 terms

Restricted Stock Units (RSUs) financial

"Restricted Stock Units (RSUs) granted under the PG&E Corporation 2021 Long Term Incentive Plan (LTIP)."

Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.

PG&E Corporation 2021 Long Term Incentive Plan (LTIP) financial

"RSUs granted under the PG&E Corporation 2021 Long Term Incentive Plan (LTIP)."

dividend reinvestment feature financial

"pursuant to a dividend reinvestment feature of the PG&E Corporation 2021 LTIP."

change in control financial

"termination following a change in control; or a change in control in which the acquiror does not assume, continue, or substitute the award."

A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did PG&E Corp (PCG) director Benjamin Francis Wilson report on this Form 4?

Benjamin Francis Wilson reported receiving 10,948 Restricted Stock Units (RSUs) of PG&E Corp common stock as a grant under the 2021 Long Term Incentive Plan, increasing his direct holdings to 80,598.98 shares after the award.

How many PG&E Corp (PCG) shares does Benjamin Francis Wilson hold after the RSU grant?

After the reported RSU grant, Benjamin Francis Wilson directly holds 80,598.98 shares of PG&E Corp common stock. This figure includes prior awards and RSUs accumulated through the company’s 2021 Long Term Incentive Plan and its dividend reinvestment feature.

What are the key vesting conditions for Benjamin Francis Wilson’s PG&E (PCG) RSUs?

The RSUs vest upon the earliest of one year from the grant date, the last day of Wilson’s elected director term, his death or disability, termination following a change in control, or a change in control where the acquiror does not assume or replace the award.

How are PG&E Corp (PCG) RSUs under the 2021 LTIP settled for Benjamin Francis Wilson?

The Restricted Stock Units (RSUs) granted to Benjamin Francis Wilson under PG&E’s 2021 Long Term Incentive Plan are payable in shares of PG&E common stock on a one-for-one basis, meaning each vested RSU converts into one share when settled.

What additional RSUs did Benjamin Francis Wilson accumulate in PG&E (PCG) through dividend reinvestment?

Wilson’s total reflects 110.77 RSUs acquired on July 15, 2025, 86.50 RSUs on October 15, 2025, 183.14 RSUs on January 15, 2026, and 138.59 RSUs on April 15, 2026, all through the dividend reinvestment feature of PG&E’s 2021 LTIP.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 05/26/2026 - 04:33 PM EDT Learn about SEC filing dates

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^*

Wilson Benjamin Francis

(Last) (First) (Middle)

PG&E CORPORATION

300 LAKESIDE DRIVE

(Street)

OAKLAND CALIFORNIA 94612

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
PG&E Corp [ PCG ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/21/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	05/21/2026		A		10,948(1)	A	$0	80,598.98(2)	D

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. Restricted Stock Units (RSUs) granted under the PG&E Corporation 2021 Long Term Incentive Plan (LTIP). RSUs are payable in shares of PG&E Corporation common stock on a one-for-one basis. As described in the LTIP, RSUs vest upon the earliest of one year from the date of grant; the last day of a director's elected term; a director's death, disability, or termination following a change in control; or a change in control in which the acquiror does not assume, continue, or substitute the award.

2. This total reflects the acquisition of 110.77 RSUs on 7/15/2025, 86.50 RSUs on 10/15/2025, 183.14 RSUs on 1/15/2026, and 138.59 RSUs on 4/15/2026 pursuant to a dividend reinvestment feature of the PG&E Corporation 2021 LTIP.

Remarks:

	/s/ Koyo Konishi, attorney-in-fact for Benjamin Francis Wilson (signed power of attorney on file with SEC	05/26/2026
	** 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.
* Form 4: SEC 1474 (03-26)