Planned PG&E (NYSE: PCG) CEO stock sale totals 55,698 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PG&E Corp CEO and EVP Sumeet Singh sold 55,698 shares of common stock in an open-market transaction on March 5, 2026 at a weighted-average price of $18.32 per share, under a Rule 10b5-1 trading plan adopted on November 13, 2025. After this sale, he directly held 312,803 shares and had approximately 849.98 additional shares held indirectly through the PG&E Corporation Retirement Savings Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 55,698 shares ($1,020,387)
Net Sell
2 txns
Insider
Singh Sumeet
Role
CEO and EVP at PG&E Company
Sold
55,698 shs ($1.02M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 55,698 | $18.32 | $1.02M |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 312,803 shares (Direct);
Common Stock — 849.98 shares (Indirect, Held By Trustee of PG&E Corporation Retirement Savings Plan)
Footnotes (1)
- The reported transaction occurred pursuant to a trading plan intended to comply with Rule 10b5-1(c) and adopted on 11/13/2025. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $18.21 to $18.62, 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. 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 are automatically invested in additional units at the election of the participant. These holdings have been trued up to conform to the RSP balance as of 3/4/2026.
FAQ
What did PG&E Corp (PCG) CEO Sumeet Singh report in this Form 4 filing?
Sumeet Singh reported selling 55,698 PG&E Corp common shares in an open-market transaction. The trade occurred on March 5, 2026 at a weighted-average price of $18.32 per share under a pre-established Rule 10b5-1 trading plan.
Was Sumeet Singh’s PG&E (PCG) stock sale under a Rule 10b5-1 plan?
Yes, the sale was executed under a Rule 10b5-1(c) trading plan. The footnotes state this plan was adopted on November 13, 2025, indicating the trading instructions were set in advance of the March 5, 2026 transactions.
What does the indirect PG&E (PCG) ownership in the Retirement Savings Plan represent?
The indirect ownership represents about 849.98 shares held in the PG&E Corporation Stock Fund of the Retirement Savings Plan. That fund consists of PG&E common stock plus a small short-term investments component, with share amounts computed from daily unit values.