PG&E Corp (NYSE: PCG) director sells 1,250 shares under 10b5-1 plan
Rhea-AI Filing Summary
PG&E Corp director Cooper Kerry Whorton reported selling 1,250 shares of common stock on July 22, 2026 at $18.00 per share in an open-market or private transaction pursuant to a Rule 10b5-1(c) trading plan adopted on November 25, 2025. Following this sale, the director directly holds 88,475.45 shares, a total that reflects the separate acquisition of 122.88 Restricted Stock Units on July 15, 2026 through a dividend reinvestment feature of the PG&E Corporation 2021 Long-Term Incentive Plan.
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Insider Trade Summary 10b5-1
Net Seller: 1,250 shares
Net Sell
1 txn
Insider
Cooper Kerry Whorton
Role
Director
Sold
1,250 shs ($23K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 1,250 | $18.00 | $23K |
Holdings After Transaction:
Common Stock — 88,475.45 shares (Direct)
Footnotes (2)
- F1. The reported transaction occurred pursuant to a trading plan intended to comply with Rule 10b5-1(c) and adopted on 11/25/2025.
- F2. This total reflects the acquisition of 122.88 Restricted Stock Units on 7/15/2026 pursuant to a dividend reinvestment feature of the PG&E Corporation 2021 Long-Term Incentive Plan.
Key Figures
Shares sold: 1,250 shares
Sale price per share: $18.00
Shares held after transaction: 88,475.45 shares
+3 more
6 metrics
Shares sold
1,250 shares
Common stock sale on July 22, 2026 by director Cooper Kerry Whorton
Sale price per share
$18.00
Price per share for the 1,250 PG&E Corp common shares sold
Shares held after transaction
88,475.45 shares
Direct PG&E Corp common stock holdings reported after the sale
Restricted Stock Units acquired
122.88 units
RSUs acquired July 15, 2026 via a dividend reinvestment feature
10b5-1 plan adoption date
11/25/2025
Date Cooper Kerry Whorton adopted the Rule 10b5-1(c) trading plan
Transaction date
07/22/2026
Date of the reported PG&E Corp common stock sale
Key Terms
Rule 10b5-1(c), Restricted Stock Units, dividend reinvestment feature, Long-Term Incentive Plan
4 terms
Rule 10b5-1(c) regulatory
"trading plan intended to comply with Rule 10b5-1(c) and adopted on 11/25/2025"
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.
Restricted Stock Units financial
"reflects the acquisition of 122.88 Restricted Stock Units on 7/15/2026"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
dividend reinvestment feature financial
"pursuant to a dividend reinvestment feature of the PG&E Corporation 2021 Long-Term Incentive Plan"
Long-Term Incentive Plan financial
"PG&E Corporation 2021 Long-Term Incentive Plan"
A long-term incentive plan is a company program that pays executives or employees with stock, options, or cash tied to multi-year performance goals, where the rewards become theirs only after meeting conditions over time. Think of it as a delayed bonus or retirement-style reward that aligns employees’ interests with shareholders by encouraging them to boost long-term value; investors watch these plans because they affect pay costs, share dilution and management incentives.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider stock transaction did PG&E Corp (PCG) disclose for Cooper Kerry Whorton?
Cooper Kerry Whorton reported selling 1,250 shares of PG&E Corp common stock on July 22, 2026 at $18.00 per share. The sale was reported as an open-market or private transaction under a Rule 10b5-1(c) trading plan.
Was the PG&E Corp (PCG) director’s sale executed under a Rule 10b5-1 trading plan?
Yes. The filing states the transaction occurred under a Rule 10b5-1(c) trading plan adopted on November 25, 2025. Such plans pre-arrange trades, helping separate trading decisions from subsequent market-sensitive information.
What are the 122.88 Restricted Stock Units mentioned in the PG&E Corp (PCG) Form 4?
The total post-transaction holdings include 122.88 Restricted Stock Units acquired on July 15, 2026. These units were received via a dividend reinvestment feature of the PG&E Corporation 2021 Long-Term Incentive Plan, separate from the reported sale.