PG&E Corp (NYSE: PCG) exec vests 11,240 shares, with 5,086 withheld
Rhea-AI Filing Summary
PG&E Corp reported equity compensation activity for EVP, Chief People Officer Alejandro T. Vallejo. On 2026-08-01, 11,240 common shares vested from performance share awards for the performance cycle ended 12/31/2025, and 5,086 shares were forfeited at $17.38 per share to satisfy tax withholding obligations.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 6,154 shares
Net Buy
2 txns
Insider
Vallejo Alejandro T
Role
EVP, Chief People Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 11,240 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F2 | 5,086 | $17.38 | $88K |
Holdings After Transaction:
Common Stock — 70,143 shares (Direct)
Footnotes (2)
- F1. 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.
- F2. These shares were forfeited to satisfy tax withholding obligations in connection with the vesting of performance share units.
Key Figures
Performance shares vested: 11,240 shares
Shares withheld for taxes: 5,086 shares
Tax withholding price: $17.38 per share
+2 more
5 metrics
Performance shares vested
11,240 shares
Common stock delivered on 2026-08-01 from performance share awards
Shares withheld for taxes
5,086 shares
Forfeited on 2026-08-01 to satisfy tax withholding obligations
Tax withholding price
$17.38 per share
Per-share value used for 5,086 shares forfeited for taxes
Performance cycle end date
12/31/2025
End of performance cycle for vested performance shares
Share settlement ratio
1:1
Performance shares payable in PG&E common stock on a one-for-one basis
Key Terms
performance shares, tax withholding obligations, Long-Term Incentive Plan
3 terms
tax withholding obligations financial
"Shares were forfeited to satisfy tax withholding obligations in connection with vesting"
Long-Term Incentive Plan financial
"PG&E Corporation 2021 Long-Term Incentive Plan for the performance cycle ended"
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 transactions did PG&E Corp (PCG) report for Alejandro T. Vallejo?
Alejandro T. Vallejo had 11,240 PG&E Corp common shares vest from performance share awards and 5,086 shares forfeited for tax withholding. Both transactions occurred on 2026-08-01 and relate to performance shares from a completed 12/31/2025 performance cycle.
What equity award did Alejandro T. Vallejo receive from PG&E Corp (PCG)?
Alejandro T. Vallejo received 11,240 common shares through vested performance shares granted under the PG&E Corporation 2021 Long-Term Incentive Plan. The award related to a performance cycle that ended on 12/31/2025 and is settled in stock on a one-for-one basis.
Was Alejandro T. Vallejo’s PG&E Corp (PCG) transaction a market sale or tax withholding?
The disposition of 5,086 PG&E Corp shares was a tax-withholding event, not a market sale. Shares were forfeited back to satisfy tax obligations triggered by the vesting of performance share units granted under PG&E’s long-term incentive plan.
What is the role of Alejandro T. Vallejo at PG&E Corp (PCG) in this insider report?
Alejandro T. Vallejo serves as EVP, Chief People Officer at PG&E Corp. The reported transactions reflect his executive equity compensation: vested performance share awards and related share forfeitures to cover tax withholding obligations, all involving PG&E Corp common stock.