Was Patricia K. Poppe’s PG&E Corp (PCG) share sale under a Rule 10b5-1 plan?

Yes. The filing states the reported transaction occurred pursuant to a trading plan intended to comply with Rule 10b5-1(c). That plan was adopted on November 4, 2025, indicating the sale was pre-arranged rather than timed at the insider’s discretion.

PG&E Corp (NYSE: PCG) CEO sells 31,250 shares via trust plan

Filing Impact

(Very High)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

PG&E Corp Chief Executive Officer Patricia K. Poppe, through the Patricia K. Poppe Revocable Living Trust, reported an open-market sale of 31,250 shares of common stock at a weighted average price of $16.39 on April 28, 2026. The sale price reflects multiple trades between $16.32 and $16.43. The transaction was executed under a pre-arranged trading plan intended to comply with Rule 10b5-1(c), adopted on November 4, 2025. Following the sale, the trust held 2,273,268 shares of PG&E Corp common stock indirectly, and Poppe also held 348,744 shares directly.

Insider Trade Summary 10b5-1

Net Seller: 31,250 shares ($512,188)

Net Sell 2 txns

Insider Poppe Patricia K

Role Chief Executive Officer

Sold 31,250 shs ($512K)

Type	Security	Shares	Price	Value
Sale	Common Stock	31,250	$16.39	$512K
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 2,273,268 shares (Indirect, Held by Patricia K. Poppe Revocable Living Trust); Common Stock — 348,744 shares (Direct, null)

Footnotes (1)

The reported transaction occurred pursuant to a trading plan intended to comply with Rule 10b5-1(c) and adopted on November 4, 2025. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.32 to $16.43, inclusive. The reporting person undertakes to provide to PG&E Corporation, any security holder of PG&E Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (2) to this Form 4.

Key Figures

Shares sold: 31,250 shares Average sale price: $16.39 per share Sale price range: $16.32–$16.43 per share +2 more

5 metrics

Shares sold 31,250 shares Open-market sale of common stock on April 28, 2026

Average sale price $16.39 per share Weighted average price for the 31,250 shares sold

Sale price range $16.32–$16.43 per share Range of execution prices for the reported sale

Indirect holdings after sale 2,273,268 shares PG&E common stock held by revocable living trust after transaction

Direct holdings 348,744 shares PG&E common stock held directly after reported transactions

Key Terms

Rule 10b5-1(c), Revocable Living Trust, weighted average price, open-market sale

4 terms

Rule 10b5-1(c) regulatory

"transaction occurred pursuant to a trading plan intended to comply with Rule 10b5-1(c)"

Rule 10b5-1(c) is an SEC guideline that lets company insiders set up a written, pre-planned schedule to buy or sell their company stock when they are not in possession of material, nonpublic information. For investors, it matters because such plans can reduce the appearance of insider trading by separating decisions from inside knowledge—like putting your trades on autopilot—while also requiring scrutiny since pre-planned trades can still affect market confidence and share value.

Revocable Living Trust financial

"nature of ownership: Held by Patricia K. Poppe Revocable Living Trust"

weighted average price financial

"The price reported in Column 4 is a weighted average price."

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

open-market sale financial

"transaction_action: open-market sale"

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

Form 4 Insider Transactions: What Each Field Means →

04/28/2026 - 09:30 PM

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^*

Poppe Patricia K

(Last)

(First)

(Middle)

C/O 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
X	Officer (give title below)	Other (specify below)
	Chief Executive Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/28/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	04/28/2026		S		31,250⁽¹⁾	D	$16.39⁽²⁾	2,273,268	I	Held by Patricia K. Poppe Revocable Living Trust
Common Stock								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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. The reported transaction occurred pursuant to a trading plan intended to comply with Rule 10b5-1(c) and adopted on November 4, 2025.

2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.32 to $16.43, inclusive. The reporting person undertakes to provide to PG&E Corporation, any security holder of PG&E Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (2) to this Form 4.

Remarks:

	/s/ Koyo Konishi, attorney-in-fact for Patricia K. Poppe (Signed Power of Attorney on file with SEC)	04/28/2026
	** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did PG&E Corp (PCG) report for Patricia K. Poppe?

PG&E Corp CEO Patricia K. Poppe reported an insider sale of 31,250 common shares. The transaction was executed by her revocable living trust as an open-market sale at a weighted average price of $16.39 per share on April 28, 2026.

At what price did Patricia K. Poppe’s trust sell PG&E Corp (PCG) shares?

The trust sold PG&E Corp common shares at a weighted average price of $16.39. According to the filing, individual trades occurred in a price range from $16.32 to $16.43 per share, reflecting multiple executions aggregated into the reported average.

How many PG&E Corp (PCG) shares did Patricia K. Poppe hold after the reported sale?

After the reported sale, Patricia K. Poppe’s revocable living trust held 2,273,268 PG&E Corp common shares indirectly. Separately, the filing shows she directly held 348,744 common shares, providing a view of both her indirect and direct positions following the transaction.

Who is the legal holder of the PG&E Corp (PCG) shares sold in this Form 4?

The shares sold are held by the Patricia K. Poppe Revocable Living Trust. The Form 4 identifies the transaction as an indirect holding, with the nature of ownership specified as shares held by that revocable living trust associated with Patricia K. Poppe.

Did Patricia K. Poppe’s Form 4 include any derivative securities for PG&E Corp (PCG)?

No derivative securities were listed in this Form 4 excerpt. The transactions disclosed involve only PG&E Corp common stock, with one open-market sale entry and a separate holding line, and the derivative summary section shows no remaining derivative positions.