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PG&E Corp (NYSE: PCG) director granted 17,639 RSUs

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

Rhea-AI Filing Summary

PG&E Corp director Kerry Whorton Cooper received a grant of 17,639 shares of common stock in the form of Restricted Stock Units (RSUs) under the PG&E Corporation 2021 Long Term Incentive Plan. The RSUs are payable one-for-one in common shares and were awarded at no cash cost.

According to the plan, these 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 situations. After this award, Cooper directly holds 90,852.58 shares, a total that includes 72.80 RSUs acquired on April 15, 2026 through the plan’s dividend reinvestment feature.

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Insider Cooper Kerry Whorton
Role null
Type Security Shares Price Value
Grant/Award Common Stock 17,639 $0.00 --
Holdings After Transaction: Common Stock — 90,852.58 shares (Direct, null)
Footnotes (1)
  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. This total reflects the acquisition of 72.80 RSUs on 4/15/2026 pursuant to a dividend reinvestment feature of the PG&E Corporation 2021 LTIP.
RSU grant size 17,639 shares Restricted Stock Units granted on May 21, 2026
Post-transaction holdings 90,852.58 shares Total common stock directly held after grant
Dividend reinvestment RSUs 72.80 RSUs Additional units acquired on April 15, 2026
Grant price per share $0.0000 per share Equity compensation, no cash paid by director
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.
2021 Long Term Incentive Plan (LTIP) financial
"RSUs granted under the PG&E Corporation 2021 Long Term Incentive Plan (LTIP)."
dividend reinvestment feature financial
"acquisition of 72.80 RSUs on 4/15/2026 pursuant to a dividend reinvestment feature of the PG&E Corporation 2021 LTIP."
change in control financial
"a director's death, disability, or termination following a change in control; or a change in control in which the acquiror does not assume..."
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.
SEC Form 4
FORM 4UNITED 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*
Cooper Kerry Whorton

(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)
XDirector10% 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)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock05/21/2026A17,639(1)A$090,852.58(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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 72.80 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 Kerry Whorton Cooper (signed power of attorney on file with SEC)05/26/2026
** Signature of Reporting PersonDate
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)

FAQ

What did PG&E (PCG) director Kerry Whorton Cooper report on this Form 4?

The Form 4 reports a grant of 17,639 Restricted Stock Units to director Kerry Whorton Cooper. These RSUs, payable in PG&E common stock, were awarded as equity compensation under the 2021 Long Term Incentive Plan at no cash cost.

How many PG&E (PCG) shares does Kerry Whorton Cooper hold after this RSU grant?

Following the RSU grant, Kerry Whorton Cooper directly holds 90,852.58 shares of PG&E common stock. This total includes previously held shares plus 72.80 RSUs credited on April 15, 2026 through the plan’s dividend reinvestment feature.

What are the vesting conditions for the PG&E (PCG) RSUs granted to the director?

The RSUs vest upon the earliest of one year from the grant date, the last day of the director’s elected term, the director’s death or disability, termination following a change in control, or a change in control where the award is not assumed, continued, or substituted.

Are the PG&E (PCG) RSUs granted to Kerry Whorton Cooper settled in cash or stock?

The RSUs are payable in shares of PG&E Corporation common stock on a one-for-one basis. This means each vested RSU converts into one share of common stock rather than a cash payment, aligning director compensation with shareholder interests.

What does the dividend reinvestment feature in PG&E’s 2021 LTIP mean for RSUs?

The dividend reinvestment feature credits additional RSUs in lieu of cash dividends on unvested units. For Kerry Whorton Cooper, it resulted in the acquisition of 72.80 additional RSUs on April 15, 2026, which are included in the reported total holdings.