PG&E CEO logs RSU grants and tax share withholding

PG&E Corp Chief Executive Officer Patricia K. Poppe reported several stock transactions involving company common shares.

Rhea-AI Filing Summary

PG&E Corp Chief Executive Officer Patricia K. Poppe reported several stock transactions involving company common shares. On March 2, she acquired 200,157 shares as a grant under a long-term incentive plan, increasing her direct holdings. On March 3, 39,972 shares were forfeited at $19.11 per share to satisfy tax withholding tied to vesting restricted stock units, and 32,335 shares were transferred as a bona fide gift. Also on March 3, 32,335 shares were acquired indirectly by the Patricia K. Poppe Revocable Living Trust. On March 4, she received an additional 3,973 shares as a stock award, bringing her direct ownership to 348,744 shares.

Insider Trade Summary

32,335 shares gifted

Gift 5 txns

Insider Poppe Patricia K

Role Chief Executive Officer

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	3,973	$0.00	$0.00
Exercise Price or Tax Liability	Common Stock	39,972	$19.11	$764K
Gift	Common Stock	32,335	$0.00	$0.00
Grant/Award	Common Stock	32,335	$0.00	$0.00
Grant/Award	Common Stock	200,157	$0.00	$0.00

Holdings After Transaction: Common Stock — 2,304,518 shares (Indirect, Held by Patricia K. Poppe Revocable Living Trust); Common Stock — 348,744 shares (Direct)

Footnotes (2)

1. F1. 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. F2. These shares were forfeited to satisfy tax withholding obligations in connection with the vesting of RSUs.

FAQ

What did PG&E Corp (PCG) CEO Patricia Poppe report in this Form 4?

PG&E Corp CEO Patricia K. Poppe reported multiple common stock transactions, including stock grants, tax-related share forfeitures, and a bona fide gift. These entries reflect routine equity compensation activity and related adjustments to her direct and indirect share holdings.

How many PG&E Corp (PCG) shares did the CEO acquire through awards?

Patricia K. Poppe acquired several stock awards, including 200,157 shares on March 2 and 3,973 shares on March 4 as grants under a long-term incentive plan. She also reported 32,335 shares acquired indirectly by her revocable living trust on March 3.

Why were 39,972 PG&E Corp (PCG) shares disposed of at $19.11?

The Form 4 shows 39,972 shares disposed of at $19.11 per share to satisfy tax withholding obligations tied to the vesting of restricted stock units. This tax-withholding disposition is coded “F” and is not described as an open-market sale transaction.

What gift transaction did the PG&E Corp (PCG) CEO report?

On March 3, Patricia K. Poppe reported a bona fide gift of 32,335 PG&E Corp common shares. The transaction is coded “G,” indicating a gift transfer, and is separate from her stock awards and tax-withholding share forfeitures disclosed in the same Form 4.

How many PG&E Corp (PCG) shares does the CEO now hold directly?

After the March 4 stock award of 3,973 shares, Patricia K. Poppe’s direct ownership is listed as 348,744 PG&E Corp common shares. Earlier transactions modified this balance through grants, tax-withholding forfeitures, and gifts over March 2 through March 4.

What is the role of the revocable living trust in PG&E Corp (PCG) holdings?

The filing notes 32,335 PG&E Corp shares acquired on March 3 are held indirectly through the Patricia K. Poppe Revocable Living Trust. This trust ownership is reported as indirect, separate from her directly held common stock position disclosed in the Form 4.

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Accepted by SEC EDGAR 03/04/2026 - 07:12 PM 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
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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^*

Poppe Patricia K

(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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Executive Officer

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		200,157(1)	A	$0	417,078	D
Common Stock	03/03/2026		F		39,972(2)	D	$19.11	377,106	D
Common Stock	03/03/2026		G		32,335	D	$0	344,771	D
Common Stock	03/03/2026		A		32,335	A	$0	2,304,518	I	Held by Patricia K. Poppe Revocable Living Trust
Common Stock	03/04/2026		A		3,973(1)	A	$0	348,744	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. 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.

Remarks:

	/s/ Koyo Konishi, attorney-in-fact for Patricia K. Poppe (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).
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