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PG&E Corp (PCG) CEO Sumeet Singh gets stock award, forfeits shares for taxes

Filing Impact
(Very High)
Filing Sentiment
(Neutral)
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.

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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*
Singh Sumeet

(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)
CEO and EVP at PG&E Company
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 216,528(1) A $0 448,261 D
Common Stock 03/01/2026 F 111,828(2) D $19 336,433 D
Common Stock 849.39(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 Sumeet Singh (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 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 many PG&E Corp (PCG) shares did Sumeet Singh acquire in this Form 4?

Sumeet Singh acquired 216,528 shares of PG&E Corp common stock through a grant under the 2021 Long-Term Incentive Plan. The grant relates to a performance share cycle that ended on December 31, 2025, with shares delivered on a one-for-one basis.

Why were 111,828 PG&E Corp (PCG) shares disposed of in this filing?

The 111,828 shares were forfeited to satisfy tax withholding obligations triggered by the vesting of performance share units. This disposition, coded “F,” reflects payment of tax liability using shares rather than an open-market sale.

What is Sumeet Singh’s PG&E Corp (PCG) shareholding after these transactions?

After these transactions, Sumeet Singh directly owned 336,433 PG&E Corp common shares. He also had approximately 849.39 shares held indirectly in the PG&E Corporation Stock Fund within the company’s Retirement Savings Plan, according to the reported plan balance.

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.
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