PG&E executive trust sells 50,000 shares
PG&E Corp executive John R. Simon reported indirect stock sales by the Simon Family Trust totaling 50,000 shares of common stock.
Rhea-AI Filing Summary
PG&E Corp executive John R. Simon reported indirect stock sales by the Simon Family Trust totaling 50,000 shares of common stock. The trust sold 45,607 shares on February 19, 2026 at $18.00 per share and 4,393 shares on February 18, 2026 at $18.01 per share in open‑market transactions.
These sales were made under a Rule 10b5‑1(c) trading plan adopted on November 3, 2025, meaning they were pre‑scheduled. After the latest sale, the Simon Family Trust held 392,303 shares. Separately, Simon’s accounts reflect 104,406.29 shares held directly and approximately 3,242.02 shares held through the PG&E Corporation Retirement Savings Plan as of February 17, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 50,000 shares
Net Sell
4 txns
Insider
SIMON JOHN R
Role
EVP, GC, Chief E&C Officer
Sold
50,000 shs ($900K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 45,607 | $18.00 | $821K |
| Sale | Common Stock | 4,393 | $18.01 | $79K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 392,303 shares (Indirect, Held by Simon Family Trust);
Common Stock — 3,242.02 shares (Indirect, Held by Trustee of PG&E Corporation Retirement Savings Plan);
Common Stock — 104,406.29 shares (Direct)
Footnotes (5)
- F1. The reported transaction occurred pursuant to a trading plan intended to comply with Rule 10b5-1(c) and adopted on November 3, 2025.
- F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $18.00 to $18.07, 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.
- F3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $18.00 to $18.01, 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 (3) to this Form 4.
- F4. Represents the approximate number of shares of PG&E Corporation common stock held for the Reporting Person in the PG&E Corporation Stock Fund of the PG&E Corporation Retirement Savings Plan (RSP). That fund holds units consisting of PG&E Corporation common stock and a small short-term investments component. The number of shares is computed by dividing the value of the units by the daily closing price. Dividends have been reinvested in additional units at the election of the participant. These holdings have been trued up to conform to the RSP balance as of 2/17/2026.
- F5. Includes 162.29 Special Incentive Stock Ownership Premiums (SISOPs) (phantom stock) awarded pursuant to the PG&E Corporation Executive Stock Ownership Program and reflects the acquisition of 0.235 SISOPs on 4/15/2025, 0.310 SISOPs on 7/15/2025, 0.242 SISOPs on 10/15/2025, and 0.513 SISOPs on 1/15/2026 upon the conversion of dividend equivalents received on those dates. SISOPs vest three years after the date of grant subject to accelerated vesting upon certain events. Unvested SISOPs are subject to forfeiture if certain stock ownership targets are not met. Vested SISOPs are automatically payable in an equal number of shares following termination of employment.
FAQ
What insider stock transaction did PG&E Corp (PCG) disclose for John R. Simon?
PG&E Corp reported that the Simon Family Trust, associated with executive John R. Simon, sold 50,000 shares of PG&E common stock in two open‑market transactions at about $18 per share, with the activity disclosed on a Form 4 insider trading report.
Was the PG&E Corp (PCG) insider sale made under a Rule 10b5-1 trading plan?
Yes. The filing states the transaction occurred under a Rule 10b5‑1(c) trading plan adopted on November 3, 2025. Such plans pre‑schedule trades, allowing insiders to systematically sell shares over time according to predetermined instructions.
What are John R. Simon’s other reported holdings of PG&E Corp (PCG) stock?
Besides the Simon Family Trust holdings, John R. Simon is reported to hold 104,406.29 PG&E shares directly and approximately 3,242.02 shares through the PG&E Corporation Retirement Savings Plan, with the retirement plan balance trued up to its value as of February 17, 2026.
How were the PG&E Corp (PCG) sale prices for the insider transactions calculated?
The reported prices are weighted averages. The February 19, 2026 sales occurred between $18.00 and $18.07, and the February 18, 2026 sales occurred between $18.00 and $18.01, with the filer offering to provide full trade‑level details upon request.
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