PG&E (NYSE: PCG) director receives 10,948 RSUs under 2021 LTIP
Rhea-AI Filing Summary
FERGUSON III MARK E reported acquisition or exercise transactions in this Form 4 filing.
PG&E Corporation director Mark E. Ferguson III reported an equity award of 10,948 shares of common stock. The shares were granted at no cost as Restricted Stock Units (RSUs) under the PG&E Corporation 2021 Long Term Incentive Plan.
After the award, Ferguson directly holds 31,431.15 shares of PG&E common stock, and an additional 41,683 shares are held indirectly through the Mark E. Ferguson III Revocable Trust. The RSUs are payable one-for-one in common stock and vest upon the earliest of several events specified in the plan, including one year from grant, end of his elected term, or certain change-in-control or separation events.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 10,948 shares
Net Buy
2 txns
Insider
FERGUSON III MARK E
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 10,948 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 31,431.15 shares (Direct);
Common Stock — 41,683 shares (Indirect, Held by Mark E. Ferguson III Revocable Trust)
Footnotes (2)
- F1. 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.
- F2. This total reflects the acquisition of 30.47 RSUs on 10/15/2025, 64.51 RSUs on 1/15/2026, and 58.73 RSUs on 4/15/2026 pursuant to a dividend reinvestment feature of the PG&E Corporation 2021 LTIP.
Key Figures
RSU grant size: 10,948 shares
Direct holdings after grant: 31,431.15 shares
Indirect trust holdings: 41,683 shares
+3 more
6 metrics
RSU grant size
10,948 shares
Common Stock RSUs granted on 2026-05-21 at $0.00 per share
Direct holdings after grant
31,431.15 shares
PG&E common stock directly held following the RSU award
Indirect trust holdings
41,683 shares
PG&E common stock held by Mark E. Ferguson III Revocable Trust
Dividend RSUs 10/15/2025
30.47 RSUs
Acquired via dividend reinvestment under 2021 LTIP
Dividend RSUs 1/15/2026
64.51 RSUs
Acquired via dividend reinvestment under 2021 LTIP
Dividend RSUs 4/15/2026
58.73 RSUs
Acquired via dividend reinvestment under 2021 LTIP
Key Terms
Restricted Stock Units (RSUs), Long Term Incentive Plan (LTIP), dividend reinvestment feature
3 terms
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.
Long Term Incentive Plan (LTIP) financial
"granted under the PG&E Corporation 2021 Long Term Incentive Plan (LTIP)."
dividend reinvestment feature financial
"pursuant to a dividend reinvestment feature of the PG&E Corporation 2021 LTIP."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did PG&E Corp (PCG) director Mark E. Ferguson III report?
Director Mark E. Ferguson III reported receiving an award of 10,948 PG&E common shares as Restricted Stock Units at no cost. These RSUs were granted under the 2021 Long Term Incentive Plan and increase his direct and indirect equity exposure to PG&E.
What are the terms of the RSUs granted to PG&E (PCG) director Mark E. Ferguson III?
The RSUs are payable in PG&E common stock on a one-for-one basis and were granted under the 2021 Long Term Incentive Plan. They vest upon the earliest of one year from grant, the last day of his elected term, qualifying separation events, or certain change-in-control conditions.
Was there a purchase price for the 10,948 PG&E (PCG) RSUs granted to Mark E. Ferguson III?
The 10,948 RSUs were granted at a per-share price of $0.00, indicating a compensation-related equity award rather than an open-market purchase. This structure is typical for director grants under long-term incentive plans like PG&E’s 2021 LTIP.
How did dividend reinvestment affect Mark E. Ferguson III’s PG&E (PCG) RSU holdings?
His total RSUs reflect additional units acquired through a dividend reinvestment feature of the 2021 LTIP: 30.47 RSUs on 10/15/2025, 64.51 RSUs on 1/15/2026, and 58.73 RSUs on 4/15/2026. These incremental awards compound the value of his existing RSU position.