PG&E Corp (NYSE: PCG) CEO trust sells 31,250 shares in 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PG&E Corp Chief Executive Officer Patricia K. Poppe, through the Patricia K. Poppe Revocable Living Trust, reported an open-market sale of 31,250 shares of common stock at a weighted average price of $17.90 per share. The sale was executed under a Rule 10b5-1(c) trading plan adopted on November 4, 2025. Following this transaction, the trust held 1,863,960 indirect shares, and Poppe also reported 216,921 shares held directly of PG&E Corp common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 31,250 shares ($559,375)
Net Sell
2 txns
Insider
Poppe Patricia K
Role
Chief Executive Officer
Sold
31,250 shs ($559K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 31,250 | $17.90 | $559K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 1,863,960 shares (Indirect, Held by Patricia K. Poppe Revocable Living Trust);
Common Stock — 216,921 shares (Direct)
Footnotes (1)
- The reported transaction occurred pursuant to a trading plan intended to comply with Rule 10b5-1(c) and adopted on November 4, 2025. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $17.79 to $18.07, 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.
FAQ
What did PG&E Corp (PCG) CEO Patricia K. Poppe report in this Form 4?
Patricia K. Poppe reported an indirect open-market sale of PG&E Corp common stock. The sale involved 31,250 shares held by her revocable living trust, reflecting planned share disposition while she continues to hold a substantial indirect and direct ownership position in the company.
Was the PG&E Corp (PCG) stock sale under a Rule 10b5-1 trading plan?
Yes, the sale was executed under a Rule 10b5-1(c) trading plan. The filing notes the plan was adopted on November 4, 2025, indicating the sale followed a pre-established schedule designed to help avoid concerns about trading on material nonpublic information.