PG&E Corp (PCG) EVP Marlene Santos gets stock grant, withholds shares for taxes

Rhea-AI Filing Summary

PG&E Corp executive Marlene Santos, EVP of Enterprise Transformation, reported two stock transactions. On March 2, 2026, she acquired 40,817 shares of common stock as a grant or award, bringing her direct holdings to 397,884 shares. On March 3, 2026, 8,749 shares were disposed of at $19.11 per share to satisfy tax withholding obligations tied to vesting restricted stock units, leaving her with 389,135 directly owned shares.

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^*

Santos Marlene

(Last) (First) (Middle)

C/O 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
	Officer (give title below)	X	Other (specify below)
			EVP, Enterprise Transformation

3. Date of Earliest Transaction (Month/Day/Year)
03/02/2026

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	03/02/2026		A		40,817(1)	A	$0	397,884	D
Common Stock	03/03/2026		F		8,749(2)	D	$19.11	389,135	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. RSUs are payable in shares of PG&E Corporation stock on a one-for-one basis.

2. These shares were forfeited to satisfy tax withholding obligations in connection with the vesting of RSUs.

Remarks:

	/s/ Koyo Konish, attorney-in-fact for Marlene M. Santos (Signed Power of Attorney on file with SEC)	03/04/2026
	** 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.

FAQ

What insider transactions did PG&E Corp (PCG) EVP Marlene Santos report?

Marlene Santos reported a stock grant and a related tax withholding disposition. She received 40,817 PG&E common shares as an award, then 8,749 shares were disposed of to cover tax obligations from vesting restricted stock units.

How many PG&E (PCG) shares did Marlene Santos acquire in the latest Form 4?

She acquired 40,817 PG&E common shares through a grant or award at a stated price of $0.00 per share. These restricted stock units were granted under PG&E Corporation’s 2021 Long-Term Incentive Plan and are payable one-for-one in PG&E stock.

Why were 8,749 PG&E (PCG) shares disposed of in Marlene Santos’s Form 4?

The 8,749 shares were forfeited to satisfy tax withholding obligations tied to vesting restricted stock units. The disposition, reported at $19.11 per share, reflects shares withheld for taxes rather than an open-market sale by the executive.

What is Marlene Santos’s PG&E (PCG) share ownership after these transactions?

After the grant and subsequent tax-withholding disposition, Marlene Santos directly owns 389,135 PG&E common shares. The Form 4 shows this figure as the total shares following the tax-related forfeiture transaction on March 3, 2026.

What plan governs the restricted stock units reported by PG&E (PCG) EVP Marlene Santos?

The restricted stock units are granted under the PG&E Corporation 2021 Long-Term Incentive Plan. Each RSU is payable in one share of PG&E Corporation common stock, aligning executive compensation with the company’s equity performance over time.