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PG&E (PCG) EVP Glickman nets award after 145,742 shares vest, 72,809 withheld

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

Rhea-AI Filing Summary

PG&E Corp EVP Jason M. Glickman reported equity compensation activity involving common stock. He acquired 145,742 shares at $0.00 per share as a vested performance share award under the 2021 Long-Term Incentive Plan for the performance cycle ended 12/31/2025. To cover tax withholding obligations tied to this vesting, 72,809 shares were disposed of at $19.00 per share by forfeiture. After these transactions, he directly owned 162,112 shares of PG&E Corp common stock.

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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*
Glickman Jason M

(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)
EVP, Strategy and Growth
3. Date of Earliest Transaction (Month/Day/Year)
03/01/2026
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 03/01/2026 A 145,742(1) A $0 234,921 D
Common Stock 03/01/2026 F 72,809(2) D $19 162,112 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. Vested performance shares granted under the PG&E Corporation 2021 Long-Term Incentive Plan for the performance cycle ended 12/31/2025. Performance shares are payable in shares of PG&E Corporation common stock on a one-for-one basis.
2. These shares were forfeited to satisfy tax withholding obligations in connection with the vesting of performance share units.
Remarks:
/s/ Koyo Konishi, Attorney-in-fact for Jason Glickman (Signed Power of Attorney on file with SEC) 03/03/2026
** 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 Corp (PCG) EVP Jason Glickman report?

Jason Glickman reported a performance share award vesting and related tax withholding. He acquired 145,742 PG&E common shares at $0.00 and 72,809 shares were forfeited at $19.00 to satisfy tax obligations from the award vesting.

How many PG&E Corp (PCG) shares does Jason Glickman own after this Form 4?

After the reported transactions, Jason Glickman directly owns 162,112 PG&E common shares. This figure reflects the 145,742-share performance award vesting and the 72,809-share forfeiture to cover tax withholding tied to the vesting event.

Was Jason Glickman’s PG&E (PCG) Form 4 a market purchase or sale?

The Form 4 shows an equity award vesting and a tax withholding disposition, not an open-market trade. Glickman received 145,742 vested performance shares, while 72,809 shares were forfeited to satisfy tax obligations associated with that vesting.

What is the nature of the 145,742 PG&E (PCG) shares granted to Jason Glickman?

The 145,742 shares reflect vested performance shares under PG&E Corporation’s 2021 Long-Term Incentive Plan. They relate to a performance cycle that ended on 12/31/2025 and are payable one-for-one in PG&E common stock upon vesting, according to the footnote.

Why were 72,809 PG&E Corp (PCG) shares forfeited in Jason Glickman’s Form 4?

The 72,809 shares were forfeited to satisfy tax withholding obligations from the vesting of performance share units. Instead of paying taxes in cash, a portion of the vested shares was delivered for tax withholding at a price of $19.00 per share.

What compensation plan covers Jason Glickman’s PG&E (PCG) performance shares?

The vested performance shares were granted under the PG&E Corporation 2021 Long-Term Incentive Plan. The award corresponds to a performance cycle ending 12/31/2025 and is settled in PG&E common stock on a one-for-one basis upon vesting, as described in the footnotes.
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