PG&E Corp (PCG) CEO Sumeet Singh gets stock award, forfeits shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PG&E Corp executive Sumeet Singh reported equity compensation activity involving company common stock. He received a grant or award of 216,528 shares on March 1, 2026 at $0.00 per share under the PG&E Corporation 2021 Long-Term Incentive Plan for a performance cycle ending December 31, 2025. To cover related tax withholding obligations, 111,828 shares were forfeited at a price of $19.00 per share. Following these transactions, he held 336,433 shares directly, and about 849.39 shares indirectly through the PG&E Corporation Retirement Savings Plan stock fund.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Singh Sumeet
Role
CEO and EVP at PG&E Company
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 216,528 | $0.00 | -- |
| Tax Withholding | Common Stock | 111,828 | $19.00 | $2.12M |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 448,261 shares (Direct);
Common Stock — 849.39 shares (Indirect, Held By Trustee of PG&E Corporation Retirement Savings Plan)
Footnotes (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.
FAQ
What insider transactions did PG&E Corp (PCG) report for Sumeet Singh?
PG&E Corp reported that executive Sumeet Singh received a 216,528-share stock award and had 111,828 shares forfeited to cover taxes. These movements reflect equity compensation and related tax withholding for PG&E common stock.
How are PG&E Corp (PCG) retirement plan holdings reported for Sumeet Singh?
Retirement plan holdings are reported as an indirect ownership position. For Sumeet Singh, the filing shows about 849.39 shares held for him in the PG&E Corporation Stock Fund, where units consist of PG&E stock plus a small short-term investments component.
What compensation plan is involved in Sumeet Singh’s PG&E Corp (PCG) stock grant?
The stock grant comes from the PG&E Corporation 2021 Long-Term Incentive Plan. Vested performance shares from the performance cycle ending December 31, 2025 are payable in PG&E Corp common stock on a one-for-one basis, as described in the footnotes.