PG&E Corp (NYSE: PCG) EVP granted 15,699 RSUs, 3,143 shares withheld for taxes

Rhea-AI Filing Summary

PG&E Corp executive Ajay Waghray reported routine equity compensation activity. On March 2, 2026, he acquired 15,699 shares of PG&E common stock at $0.00 per share as a grant of Restricted Stock Units under the PG&E Corporation 2021 Long-Term Incentive Plan, payable one-for-one in stock.

On March 3, 2026, 3,143 shares of common stock at a reference price of $19.11 were forfeited to satisfy tax withholding obligations related to the vesting of RSUs. After these transactions, Waghray directly held 232,300 PG&E common shares.

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

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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^*

Waghray Ajay

(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 & Chf Information Ofc

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		15,699(1)	A	$0	235,443	D
Common Stock	03/03/2026		F		3,143(2)	D	$19.11	232,300	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 Ajay Waghray (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.
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FAQ

What insider transactions did PG&E Corp (PCG) report for Ajay Waghray?

PG&E reported that EVP and Chief Information Officer Ajay Waghray received a grant of 15,699 restricted stock units and forfeited 3,143 shares to cover tax withholding tied to RSU vesting, leaving him with 232,300 directly held common shares afterward.

Was the PG&E (PCG) insider activity a stock sale by Ajay Waghray?

The activity was not an open-market stock sale. Shares were forfeited solely to satisfy tax withholding obligations when restricted stock units vested, a common administrative step for equity awards, rather than a discretionary decision to sell shares in the market.

How many PG&E (PCG) shares did Ajay Waghray acquire through awards?

Ajay Waghray acquired 15,699 shares of PG&E common stock at $0.00 per share through a grant of restricted stock units under the PG&E Corporation 2021 Long-Term Incentive Plan, with each RSU payable in one share of PG&E stock upon settlement.

Why were 3,143 PG&E (PCG) shares forfeited by Ajay Waghray?

The 3,143 PG&E shares were forfeited to cover tax withholding obligations that arose when Waghray’s restricted stock units vested. Instead of paying cash for the withholding, a portion of the vested shares was automatically withheld and surrendered for tax purposes.

What is Ajay Waghray’s PG&E (PCG) share ownership after these Form 4 transactions?

Following the RSU grant and the tax-withholding forfeiture, Ajay Waghray directly owned 232,300 PG&E common shares. This figure reflects his updated direct beneficial ownership after both the 15,699-share award and the 3,143-share forfeiture were recorded.