Director at PG&E (NYSE: PCG) granted 10,948 RSUs in equity award
Rhea-AI Filing Summary
PG&E Corp director William Craig Fugate received an award of 10,948 Restricted Stock Units (RSUs) of PG&E common stock on May 21, 2026. The RSUs were granted at no cash cost to him under the PG&E Corporation 2021 Long Term Incentive Plan.
Each RSU converts into one share of PG&E common stock upon vesting. According to the plan, these RSUs vest at the earliest of one year from grant, the last day of the director’s elected term, or upon specified events such as death, disability, or certain change-in-control situations.
After this grant, Fugate directly holds 79,999 shares or share-equivalent units, a figure that includes prior small RSU amounts acquired through the plan’s dividend reinvestment feature.
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Insider Trade Summary
Net Buyer: 10,948 shares
Net Buy
1 txn
Insider
Fugate William Craig
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 10,948 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 79,999 shares (Direct)
Footnotes (2)
- 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.
- F2. This total reflects the acquisition of 20.34 RSUs on 7/15/2025, 15.88 RSUs on 10/15/2025, 33.62 RSUs on 1/15/2026, and 30.61 RSUs on 4/15/2026 pursuant to a dividend reinvestment feature of the PG&E Corporation 2021 LTIP.
Key Figures
RSUs granted: 10,948 units
Grant price: $0.0000 per unit
Holdings after grant: 79,999 shares/units
+4 more
7 metrics
RSUs granted
10,948 units
Restricted Stock Units awarded on May 21, 2026
Grant price
$0.0000 per unit
Reported transaction price per RSU
Holdings after grant
79,999 shares/units
Total direct share-equivalent holdings following transaction
Dividend reinvestment RSUs
20.34 units
RSUs credited on July 15, 2025 via dividend reinvestment
Dividend reinvestment RSUs
15.88 units
RSUs credited on October 15, 2025 via dividend reinvestment
Dividend reinvestment RSUs
33.62 units
RSUs credited on January 15, 2026 via dividend reinvestment
Dividend reinvestment RSUs
30.61 units
RSUs credited on April 15, 2026 via dividend reinvestment
Key Terms
Restricted Stock Units (RSUs), Long Term Incentive Plan (LTIP), dividend reinvestment feature
3 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.
Long Term Incentive Plan (LTIP) financial
"RSUs granted under the PG&E Corporation 2021 Long Term Incentive Plan (LTIP)."
dividend reinvestment feature financial
"RSUs on 4/15/2026 pursuant to a dividend reinvestment feature of the PG&E Corporation 2021 LTIP."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did PG&E (PCG) director William Craig Fugate report?
Director William Craig Fugate reported receiving 10,948 Restricted Stock Units (RSUs) of PG&E common stock as an award. The grant was made at no cash cost under the company’s 2021 Long Term Incentive Plan and increases his direct equity-based holdings.
What are the key vesting conditions for PG&E (PCG) director RSUs in this filing?
The RSUs vest at the earliest of one year from the grant date, the last day of the director’s elected term, the director’s death or disability, termination following a change in control, or a change in control where the acquiror does not assume, continue, or substitute the award.
Under which plan were the PG&E (PCG) RSUs granted to William Craig Fugate?
The 10,948 RSUs were granted under the PG&E Corporation 2021 Long Term Incentive Plan. This plan provides equity-based compensation to directors, with RSUs payable in PG&E common stock on a one-for-one basis when vesting conditions described in the plan are satisfied.
Does the PG&E (PCG) RSU award to William Craig Fugate involve any purchase price?
The RSU award carries no purchase price; it is a grant with a reported price per unit of 0.0000. Fugate does not pay cash to receive the 10,948 RSUs, which are a form of equity compensation that may convert into shares upon vesting.
How did dividend reinvestment affect William Craig Fugate’s PG&E (PCG) RSU balance?
His total RSU-related holdings reflect additional fractional units from dividend reinvestment. Footnotes show acquisitions of 20.34, 15.88, 33.62, and 30.61 RSUs on prior dates, all credited under the 2021 Long Term Incentive Plan’s dividend reinvestment feature, increasing his aggregate position.