PG&E director granted 10,948 PCG shares

PG&E Corp director Edward G. Cannizzaro received 10,948 shares of common stock as a grant under the company’s long-term incentive plan.

Rhea-AI Filing Summary

PG&E Corp director Edward G. Cannizzaro received 10,948 shares of common stock as a grant under the company’s long-term incentive plan. The award was recorded at a price of $0.00 per share, indicating it is compensation rather than an open-market purchase.

After this grant, Cannizzaro directly holds 42,427.29 shares of PG&E Corp common stock. Footnotes explain that the position also reflects prior small acquisitions of Restricted Stock Units through a dividend reinvestment feature of the 2021 Long Term Incentive Plan.

Insider Trade Summary

Grant/Award: 10,948 shares

Grant/Award 1 txn

Insider Cannizzaro Edward G

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	10,948	$0.00	$0.00

Holdings After Transaction: Common Stock — 42,427.29 shares (Direct)

Footnotes (2)

1. 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.
2. F2. This total reflects the acquisition of 59.97 RSUs on 7/15/2025, 46.83 RSUs on 10/15/2025, 99.14 RSUs on 1/15/2026, and 90.25 RSUs on 4/15/2026 pursuant to a dividend reinvestment feature of the PG&E Corporation 2021 LTIP.

Key Figures

Shares granted: 10,948 shares Grant price: $0.00 per share Shares held after grant: 42,427.29 shares +4 more

7 metrics

Shares granted 10,948 shares Common Stock grant on May 21, 2026

Grant price $0.00 per share Indicates compensation award, not market purchase

Shares held after grant 42,427.29 shares Direct holdings following the reported transaction

Dividend reinvestment RSUs 07/15/2025 59.97 RSUs Accumulated under 2021 LTIP dividend reinvestment

Dividend reinvestment RSUs 10/15/2025 46.83 RSUs Accumulated under 2021 LTIP dividend reinvestment

Dividend reinvestment RSUs 01/15/2026 99.14 RSUs Accumulated under 2021 LTIP dividend reinvestment

Dividend reinvestment RSUs 04/15/2026 90.25 RSUs Accumulated under 2021 LTIP dividend reinvestment

Key Terms

Restricted Stock Units (RSUs), PG&E Corporation 2021 Long Term Incentive Plan (LTIP), dividend reinvestment feature, change in control

4 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.

PG&E Corporation 2021 Long Term Incentive Plan (LTIP) financial

"Restricted Stock Units (RSUs) 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."

change in control financial

"termination following a change in control; or a change in control in which the acquiror does not assume, continue, or substitute the award."

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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did PG&E Corp (PCG) director Edward G. Cannizzaro report on this Form 4?

Cannizzaro reported receiving 10,948 shares of PG&E Corp common stock as a grant under the 2021 Long Term Incentive Plan. This is a compensation-related award, not an open-market purchase, and increases his directly held shares to 42,427.29.

Was the PG&E Corp (PCG) Form 4 transaction a stock purchase or a grant?

The transaction was a grant, not a market purchase. The Form 4 shows 10,948 shares of common stock acquired with a transaction price of $0.00 per share, identified as a grant or award under PG&E Corporation’s 2021 Long Term Incentive Plan for directors.

How many PG&E Corp (PCG) shares does Edward G. Cannizzaro hold after this filing?

Following the reported grant, Cannizzaro directly holds 42,427.29 shares of PG&E Corp common stock. This total includes the newly granted 10,948 shares and prior small Restricted Stock Unit accumulations from the company’s 2021 Long Term Incentive Plan dividend reinvestment feature.

What are the key terms of the RSUs referenced in the PG&E Corp (PCG) Form 4?

The Restricted Stock Units are granted under the 2021 Long Term Incentive Plan and are payable in PG&E Corp common stock on a one-for-one basis. They generally vest after one year or upon events such as term end, death, disability, or certain change-in-control circumstances.

How were additional RSUs accumulated under PG&E Corp’s 2021 Long Term Incentive Plan?

Footnotes state Cannizzaro’s total reflects 59.97 RSUs on July 15, 2025, 46.83 on October 15, 2025, 99.14 on January 15, 2026, and 90.25 on April 15, 2026. These were acquired through a dividend reinvestment feature of the 2021 Long Term Incentive Plan.

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Accepted by SEC EDGAR 05/26/2026 - 04:39 PM EDT Learn about SEC filing dates

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^*

Cannizzaro Edward G

(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)

X	Director		10% 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)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	05/21/2026		A		10,948(1)	A	$0	42,427.29(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)
				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 (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 59.97 RSUs on 7/15/2025, 46.83 RSUs on 10/15/2025, 99.14 RSUs on 1/15/2026, and 90.25 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 Edward Cannizzaro (Signed Power of Attorney on file with SEC)	05/26/2026
	** 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.
* Form 4: SEC 1474 (03-26)