PG&E Corp (PCG) director receives 10,948 RSU equity award
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.
Positive
- None.
Negative
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Insider Trade Summary
Net Buyer: 10,948 shares
Net Buy
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)
- 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.
- 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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
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.
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.