STOCK TITAN

PG&E (PCG) VP and Controller logs RSU grant and tax share forfeiture

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

Rhea-AI Filing Summary

PG&E Corp vice president and controller Stephanie N. Williams reported equity-related transactions in company common stock. On March 2, 2026, she acquired 7,379 shares through a grant of restricted stock units under the PG&E Corporation 2021 Long-Term Incentive Plan. On March 3, 2026, 1,104 shares were forfeited to satisfy tax withholding obligations in connection with RSU vesting. Following these transactions, she held 51,262 shares directly, plus approximately 243.18 shares indirectly through the PG&E Corporation Retirement Savings Plan as of March 2, 2026.

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Insider Williams Stephanie N
Role VP and Controller
Type Security Shares Price Value
Tax Withholding Common Stock 1,104 $19.11 $21K
Grant/Award Common Stock 7,379 $0.00 --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 51,262 shares (Direct); Common Stock — 243.18 shares (Indirect, Held by Trustee of PG&E Corporation Retirement Savings Plan)
Footnotes (1)
  1. Restricted Stock Units (RSUs) granted under the PG&E Corporation 2021 Long-Term Incentive Plan. RSUs are payable in shares of PG&E Corporation stock on a one-for-one basis. These shares were forfeited to satisfy tax withholding obligations in connection with the vesting of RSUs. Represents the approximate number of shares of PG&E Corporation common stock held for the Reporting Person in the PG&E Corporation Stock Fund of the PG&E Corporation Retirement Savings Plan (RSP). That fund holds units consisting of PG&E Corporation common stock and a small short-term investments component. The number of shares is computed by dividing the value of the units by the daily closing price. Dividends are automatically invested in additional units at the election of the participant. These holdings have been trued up to conform to the RSP balance as of 3/2/2026.
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*
Williams Stephanie N

(Last) (First) (Middle)
C/O PG&E CORPORATION
300 LAKESIDE DRIVE

(Street)
OAKLAND CA 94612

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
PG&E Corp [ PCG ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
VP and Controller
3. Date of Earliest Transaction (Month/Day/Year)
03/02/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 03/02/2026 A 7,379(1) A $0 52,366 D
Common Stock 03/03/2026 F 1,104(2) D $19.11 51,262 D
Common Stock 243.18(3) I Held by Trustee of PG&E Corporation Retirement Savings Plan
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. RSUs are payable in shares of PG&E Corporation stock on a one-for-one basis.
2. These shares were forfeited to satisfy tax withholding obligations in connection with the vesting of RSUs.
3. Represents the approximate number of shares of PG&E Corporation common stock held for the Reporting Person in the PG&E Corporation Stock Fund of the PG&E Corporation Retirement Savings Plan (RSP). That fund holds units consisting of PG&E Corporation common stock and a small short-term investments component. The number of shares is computed by dividing the value of the units by the daily closing price. Dividends are automatically invested in additional units at the election of the participant. These holdings have been trued up to conform to the RSP balance as of 3/2/2026.
Remarks:
/s/ Koyo Konishi, attorney-in-fact for Stephanie N. Williams (signed Power of Attorney on file with SEC) 03/04/2026
** 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.

FAQ

What insider transactions did PG&E (PCG) executive Stephanie N. Williams report?

Stephanie N. Williams reported an RSU grant of 7,379 PG&E common shares on March 2, 2026, and the forfeiture of 1,104 shares on March 3, 2026, to cover tax withholding tied to RSU vesting, along with updated direct and indirect share holdings.

Was the PG&E (PCG) insider activity an open-market stock sale?

The activity was not an open-market sale. The 1,104 PG&E shares were forfeited to satisfy tax withholding obligations related to vesting restricted stock units, according to the disclosure footnote, rather than being sold on the open market for discretionary proceeds.

How many PG&E (PCG) shares did Stephanie N. Williams hold after the reported transactions?

After the reported transactions, Stephanie N. Williams held 51,262 PG&E common shares directly, plus approximately 243.18 shares indirectly in the PG&E Corporation Retirement Savings Plan, which reflects her balance in the plan’s stock fund as of March 2, 2026.

What type of equity award did the PG&E (PCG) executive receive in this Form 4?

She received restricted stock units (RSUs) under the PG&E Corporation 2021 Long-Term Incentive Plan. Each RSU is payable in one share of PG&E common stock, and the grant reported on March 2, 2026 covered 7,379 shares in total, subject to the plan’s vesting terms.

How were PG&E (PCG) retirement plan holdings reported for Stephanie N. Williams?

The filing reports approximately 243.18 PG&E common shares held for her in the PG&E Corporation Stock Fund within the Retirement Savings Plan, calculated by dividing fund unit value by the daily closing price, and trued up to match the plan balance as of March 2, 2026.

Why were 1,104 PG&E (PCG) shares forfeited in Stephanie N. Williams’ Form 4?

The 1,104 PG&E shares were forfeited to satisfy tax withholding obligations when restricted stock units vested. Instead of paying taxes in cash, shares from the vesting award were withheld, a common method for covering associated tax liabilities on equity compensation.