[Form 4] PG&E Corp Insider Trading Activity

Rhea-AI Filing Summary

PG&E Corp executive Stephanie N. Williams reported equity compensation activity involving company common stock. She received a grant or award of 37,478 shares on March 1, 2026 at a stated price of $0.00 per share, tied to vested performance shares under the PG&E Corporation 2021 Long-Term Incentive Plan for the performance cycle ended December 31, 2025. To cover tax withholding obligations from this vesting, 15,406 shares were forfeited at $19.00 per share rather than sold in the open market. After these transactions, she directly held 44,987 shares of common stock and had an additional 243.18 shares held indirectly for her benefit in the PG&E Corporation Retirement Savings Plan stock fund.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider Williams Stephanie N

Role VP and Controller

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	37,478	$0.00	--
Tax Withholding	Common Stock	15,406	$19.00	$293K
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 60,393 shares (Direct); Common Stock — 243.18 shares (Indirect, Held by Trustee of PG&E Corporation Retirement Savings Plan)

Footnotes (1)

1. Vested performance shares granted under the PG&E Corporation 2021 Long-Term Incentive Plan for the performance cycle ended 12/31/2025. Performance shares are payable in shares of PG&E Corporation common stock on a one-for-one basis. These shares were forfeited to satisfy tax withholding obligations in connection with the vesting of performance share units. 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 3/2/2026.

Form 4 Insider Transactions: What Each Field Means →

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
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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^*

Williams Stephanie N

(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
X	Officer (give title below)		Other (specify below)
	VP and Controller

3. Date of Earliest Transaction (Month/Day/Year)
03/01/2026

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	03/01/2026		A		37,478(1)	A	$0	60,393	D
Common Stock	03/01/2026		F		15,406(2)	D	$19	44,987	D
Common Stock								243.18(3)	I	Held by Trustee of PG&E Corporation Retirement Savings Plan

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. Vested performance shares granted under the PG&E Corporation 2021 Long-Term Incentive Plan for the performance cycle ended 12/31/2025. Performance shares are payable in shares of PG&E Corporation common stock on a one-for-one basis.

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

3. 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 3/2/2026.

Remarks:

	/s/ Koyo Konishi, attorney-in-fact for Stephanie N. Williams (signed Power of Attorney on file with SEC)	03/03/2026
	** 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) report for Stephanie N. Williams?

Stephanie N. Williams reported a grant of 37,478 PG&E Corp common shares and a forfeiture of 15,406 shares for tax withholding. These transactions relate to vested performance share awards under the company’s 2021 Long-Term Incentive Plan for the 2023–2025 performance cycle.

Was the PG&E Corp (PCG) insider activity a stock purchase or sale?

The activity reflects an equity award and tax withholding, not an open-market purchase or sale. Williams received 37,478 shares from vested performance share units, and 15,406 shares were forfeited to satisfy related tax obligations at a value of $19.00 per share.

How many PG&E Corp (PCG) shares does Stephanie N. Williams hold after these transactions?

After these transactions, Williams directly held 44,987 PG&E Corp common shares. She also had approximately 243.18 additional shares held indirectly for her in the PG&E Corporation Stock Fund within the company’s Retirement Savings Plan as of early March 2026.

What plan governed the performance share award reported by PG&E Corp (PCG)?

The performance share award was granted under the PG&E Corporation 2021 Long-Term Incentive Plan. The vested performance shares covered a performance cycle ending December 31, 2025 and were settled in PG&E Corp common stock on a one-for-one basis, according to the footnote disclosure.

How were tax obligations handled for the PG&E Corp (PCG) performance share vesting?

Tax obligations were satisfied by forfeiting shares instead of paying cash. Specifically, 15,406 PG&E Corp common shares were forfeited at $19.00 per share to cover withholding taxes triggered by the vesting of performance share units granted under the long-term incentive plan.

What are the indirect PG&E Corp (PCG) holdings reported for Stephanie N. Williams?

Williams has indirect holdings through the PG&E Corporation Retirement Savings Plan. Approximately 243.18 PG&E Corp common shares are held for her in the plan’s stock fund, which consists of company shares plus a small short-term investments component, updated to reflect the balance as of March 2, 2026.