PG&E director granted 10,948 RSUs

Campbell Cheryl F. reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

Campbell Cheryl F. reported acquisition or exercise transactions in this Form 4 filing.

PG&E Corp director Cheryl F. Campbell received a grant of 10,948 shares of common stock in the form of Restricted Stock Units (RSUs) under the PG&E Corporation 2021 Long Term Incentive Plan. The award is a compensation grant with no cash price per share.

After this grant and prior RSU accruals, Campbell holds 85,596.44 shares directly. The RSUs vest on the earliest of one year from grant, the last day of her elected term, certain change in control events, or upon death or disability.

Insider Trade Summary

Grant/Award: 10,948 shares

Grant/Award 1 txn

Insider Campbell Cheryl F.

Role Director

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

Holdings After Transaction: Common Stock — 85,596.44 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 39.02 RSUs on 7/15/2025, 30.47 RSUs on 10/15/2025, 64.51 RSUs on 1/15/2026, and 58.73 RSUs on 4/15/2026 pursuant to a dividend reinvestment feature of the PG&E Corporation 2021 LTIP.

Key Figures

RSU grant: 10,948 shares Grant price: $0.00 per share Shares held after grant: 85,596.44 shares +4 more

7 metrics

RSU grant 10,948 shares Restricted Stock Units granted on May 21, 2026

Grant price $0.00 per share Compensation grant under 2021 LTIP

Shares held after grant 85,596.44 shares Direct holdings following the RSU award

Dividend RSUs 07/15/2025 39.02 RSUs Credited via dividend reinvestment feature

Dividend RSUs 10/15/2025 30.47 RSUs Credited via dividend reinvestment feature

Dividend RSUs 01/15/2026 64.51 RSUs Credited via dividend reinvestment feature

Dividend RSUs 04/15/2026 58.73 RSUs Credited via dividend reinvestment feature

Key Terms

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

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

"RSUs granted under the PG&E Corporation 2021 Long Term Incentive Plan (LTIP)."

change in control financial

"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."

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.

dividend reinvestment feature financial

"RSUs on 4/15/2026 pursuant to a dividend reinvestment feature of the PG&E Corporation 2021 LTIP."

FAQ

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

What insider transaction did PG&E (PCG) disclose for Cheryl F. Campbell?

PG&E reported that director Cheryl F. Campbell received a grant of 10,948 Restricted Stock Units (RSUs) of PG&E common stock as compensation. These RSUs were issued with a zero purchase price under the company’s 2021 Long Term Incentive Plan.

How many PG&E (PCG) shares does Cheryl F. Campbell hold after this Form 4?

After the RSU grant, Cheryl F. Campbell holds 85,596.44 PG&E common shares directly. This total includes previously accumulated RSUs credited through the company’s 2021 Long Term Incentive Plan and its dividend reinvestment feature.

What are the vesting terms of Cheryl Campbell’s new PG&E RSUs?

The RSUs vest on the earliest of one year from the grant date, the last day of Campbell’s elected director term, her death or disability, or certain change in control events where the award is not assumed, continued, or substituted.

Were Cheryl Campbell’s PG&E RSUs an open-market purchase or a grant?

The 10,948 PG&E RSUs were a grant, not an open-market purchase. They were awarded as compensation under the 2021 Long Term Incentive Plan at a stated price of $0.00 per share, typical for stock-based compensation awards.

What additional RSUs has Cheryl Campbell accrued under PG&E’s 2021 LTIP?

Her total reflects extra RSUs from a dividend reinvestment feature: 39.02 RSUs on July 15, 2025, 30.47 on October 15, 2025, 64.51 on January 15, 2026, and 58.73 on April 15, 2026, all credited under the 2021 Long Term Incentive Plan.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 05/26/2026 - 04:37 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^*

Campbell Cheryl F.

(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	85,596.44(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 39.02 RSUs on 7/15/2025, 30.47 RSUs on 10/15/2025, 64.51 RSUs on 1/15/2026, and 58.73 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 Cheryl F. Campbell (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)