PG&E CFO gets stock grant, withholds shares for tax

PG&E Corporation EVP and CFO Carolyn Jeanne Burke reported a new equity award and related tax withholding.

Rhea-AI Filing Summary

PG&E Corporation EVP and CFO Carolyn Jeanne Burke reported a new equity award and related tax withholding. She received a grant of 40,817 shares of common stock on a zero-price award under the 2021 Long-Term Incentive Plan, in the form of Restricted Stock Units payable one-for-one in shares.

On the following day, 4,067 shares were forfeited to satisfy tax withholding obligations tied to the RSU vesting. After these transactions, she directly owned 84,754 shares of PG&E Corporation common stock as reported.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Burke Carolyn Jeanne

Role EVP and CFO

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Common Stock	4,067	$19.11	$78K
Grant/Award	Common Stock	40,817	$0.00	$0.00

Holdings After Transaction: Common Stock — 84,754 shares (Direct)

Footnotes (2)

1. F1. 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. F2. These shares were forfeited to satisfy tax withholding obligations in connection with the vesting of RSUs.

FAQ

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

What insider transactions did PG&E Corp (PCG) report for Carolyn Burke?

PG&E Corp reported that EVP and CFO Carolyn Burke received a grant of 40,817 RSU-based common shares, then forfeited 4,067 shares to cover tax withholding. Following these transactions, her reported direct ownership stood at 84,754 PG&E common shares.

Was the PG&E Corp (PCG) CFO’s Form 4 a stock purchase or sale?

The filing shows no open-market buy or sell. Burke received 40,817 shares as a stock grant and then 4,067 shares were disposed of solely to satisfy tax withholding obligations related to RSU vesting, rather than a discretionary sale.

How many PG&E Corp (PCG) shares did the CFO receive in the latest award?

Carolyn Burke was granted 40,817 shares of PG&E Corporation common stock at a stated price of $0.00 per share. The award was structured as Restricted Stock Units under the 2021 Long-Term Incentive Plan, payable one-for-one in PG&E shares.

Why were 4,067 PG&E Corp (PCG) shares forfeited by the CFO?

The 4,067 PG&E common shares were forfeited to satisfy tax withholding obligations arising from the vesting of Restricted Stock Units. This tax-withholding disposition reduced the shares issued to Burke but did not represent an open-market sale or discretionary divestment.

How many PG&E Corp (PCG) shares does the CFO hold after these transactions?

After the reported grant and tax-withholding forfeiture, Carolyn Burke directly owned 84,754 shares of PG&E Corporation common stock. This figure reflects her updated direct ownership position following both Form 4 transactions disclosed in early March 2026.

What plan governs the PG&E Corp (PCG) CFO’s new RSU grant?

The Restricted Stock Units granted to Carolyn Burke were issued under the PG&E Corporation 2021 Long-Term Incentive Plan. Each RSU is payable in one share of PG&E common stock, aligning executive compensation with shareholder interests through equity-based awards.

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

Form 4 Insider Transactions: What Each Field Means →

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Accepted by SEC EDGAR 03/04/2026 - 06:09 PM EST 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^*

Burke Carolyn Jeanne

(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 and CFO

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	88,821	D
Common Stock	03/03/2026		F		4,067(2)	D	$19.11	84,754	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 Konishi, attorney-in-fact for Burke Carolyn Jeanne (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.