PG&E (PCG) executive trust sells 50,000 shares under 10b5-1 plan

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.

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).

X

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^*

SIMON JOHN R

(Last) (First) (Middle)

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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP, GC, Chief E&C Officer

3. Date of Earliest Transaction (Month/Day/Year)
02/18/2026

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	02/18/2026		S		4,393(1)	D	$18.01(2)	437,910	I	Held by Simon Family Trust
Common Stock	02/19/2026		S		45,607(1)	D	$18(3)	392,303	I	Held by Simon Family Trust
Common Stock								3,242.02(4)	I	Held by Trustee of PG&E Corporation Retirement Savings Plan
Common Stock								104,406.29(5)	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. The reported transaction occurred pursuant to a trading plan intended to comply with Rule 10b5-1(c) and adopted on November 3, 2025.

2. 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.

3. 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.

4. 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.

5. 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.

Remarks:

	/s/ Koyo Konishi, attorney-in-fact for John R. Simon (signed Power of Attorney on file with SEC)	02/19/2026
	** 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).
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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.

On what dates did the Simon Family Trust sell PG&E Corp (PCG) shares and at what prices?

The Simon Family Trust sold 4,393 PG&E shares on February 18, 2026 at $18.01 per share and 45,607 shares on February 19, 2026 at $18.00 per share, with actual trades executed across weighted‑average price ranges near those levels.

How many PG&E Corp (PCG) shares does the Simon Family Trust hold after the reported sales?

After the reported open‑market sales, the Simon Family Trust held 392,303 shares of PG&E Corp common stock. This figure reflects the indirect ownership reported for John R. Simon following the February 19, 2026 transaction on the Form 4 filing.

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.