PG&E Corp (PCG) president sells 31,786 shares in planned open-market trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PG&E Corp executive Carla J. Peterman reported an open-market sale of 31,786 shares of common stock at a weighted average price of $16.68 per share. The transaction occurred on June 15, 2026 under a pre-arranged Rule 10b5-1(c) trading plan adopted on December 11, 2025.
After this sale, she directly holds 163,305 PG&E Corp common shares. The footnotes explain that the sale price reflects multiple trades executed between $16.54 and $16.79 per share, with detailed trade-level data available upon request.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 31,786 shares ($530,190)
Net Sell
1 txn
Insider
Peterman Carla J
Role
President, EVP Cust&Corp Afrs
Sold
31,786 shs ($530K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 31,786 | $16.68 | $530K |
Holdings After Transaction:
Common Stock — 163,305 shares (Direct, null)
Footnotes (1)
- The reported transaction occurred pursuant to a trading plan intended to comply with Rule 10b5-1(c) and adopted on December 11, 2025. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.54 to $16.79, 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 (2) to this Form 4.
Key Figures
Shares sold: 31,786 shares
Weighted average sale price: $16.68 per share
Estimated transaction value: ≈$530,000
+3 more
6 metrics
Shares sold
31,786 shares
Open-market sale on June 15, 2026
Weighted average sale price
$16.68 per share
Common stock sale
Estimated transaction value
≈$530,000
31,786 shares × $16.68 per share
Post-transaction holdings
163,305 shares
Direct ownership after sale
Price range of trades
$16.54–$16.79 per share
Multiple executions within the sale
Net share change
-31,786 shares
Net-sell direction per transaction summary
Key Terms
Rule 10b5-1(c), weighted average price, open-market sale, Form 4, +1 more
5 terms
Rule 10b5-1(c) regulatory
"The reported transaction occurred pursuant to a trading plan intended to comply with Rule 10b5-1(c) and adopted on December 11, 2025."
Rule 10b5-1(c) is an SEC guideline that lets company insiders set up a written, pre-planned schedule to buy or sell their company stock when they are not in possession of material, nonpublic information. For investors, it matters because such plans can reduce the appearance of insider trading by separating decisions from inside knowledge—like putting your trades on autopilot—while also requiring scrutiny since pre-planned trades can still affect market confidence and share value.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
open-market sale financial
"transaction_action: open-market sale"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Form 4 regulatory
"within the ranges set forth in this footnote (2) to this Form 4."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
common stock financial
"security_title: Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What did PG&E Corp (PCG) executive Carla J. Peterman report on this Form 4?
Carla J. Peterman reported selling 31,786 PG&E Corp common shares in an open-market transaction. The sale was executed at a weighted average price of $16.68 per share, and it was carried out under a pre-arranged Rule 10b5-1(c) trading plan.
Was the PG&E (PCG) insider sale made under a Rule 10b5-1 trading plan?
Yes. The Form 4 footnotes state the sale occurred under a trading plan intended to comply with Rule 10b5-1(c). The plan was adopted on December 11, 2025, indicating the transaction was pre-scheduled rather than a discretionary, opportunistic trade based on short-term market conditions.
Who is the insider involved in this PG&E Corp (PCG) Form 4 filing and what is their role?
The insider is Carla J. Peterman, identified as President and Executive Vice President, Customer & Corporate Affairs at PG&E Corp. Her position as a senior officer makes her transactions subject to Section 16 reporting, which is why this open-market sale appears on Form 4.