PG&E EVP gets stock award, withholds shares for tax

PG&E Corp executive Alejandro T. Vallejo reported routine equity compensation activity.

Rhea-AI Filing Summary

PG&E Corp executive Alejandro T. Vallejo reported routine equity compensation activity. On March 2, 2026, he acquired 11,774 shares of common stock at $0.00 per share as a grant or award, representing Restricted Stock Units under the PG&E Corporation 2021 Long-Term Incentive Plan.

On March 3, 2026, 1,104 shares of common stock at $19.11 per share were forfeited to satisfy tax withholding obligations in connection with RSU vesting, leaving 63,989 shares of common stock held directly following the disposition. These transactions were not open-market buys or sells.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Vallejo Alejandro T

Role EVP, Chief People Officer

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Common Stock	1,104	$19.11	$21K
Grant/Award	Common Stock	11,774	$0.00	$0.00

Holdings After Transaction: Common Stock — 63,989 shares (Direct)

Footnotes (2)

1. F1. 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. F2. These shares were forfeited to satisfy tax withholding obligations in connection with the vesting of RSUs.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transactions did PG&E Corp (PCG) report for Alejandro T. Vallejo?

Alejandro T. Vallejo reported two transactions: a grant of 11,774 shares of PG&E common stock on March 2, 2026, and a forfeiture of 1,104 shares on March 3, 2026 to cover tax withholding from RSU vesting.

Was the PG&E Corp (PCG) Form 4 a buy or sell by the executive?

The Form 4 shows a grant/award acquisition of 11,774 shares and a tax-withholding disposition of 1,104 shares. The disposition was for taxes on RSU vesting, not an open-market sale of PG&E stock.

At what price were shares disposed of in the PG&E Corp (PCG) Form 4?

The 1,104 shares disposed of for tax withholding were valued at $19.11 per share. This transaction represents shares forfeited to satisfy RSU-related tax obligations rather than a discretionary market sale by the executive.

How many PG&E Corp (PCG) shares does Alejandro T. Vallejo hold after these transactions?

Following the tax-withholding disposition on March 3, 2026, Alejandro T. Vallejo directly holds 63,989 shares of PG&E common stock. This figure reflects the reported ownership after the RSU grant and related share forfeiture.

What equity plan is referenced in the PG&E Corp (PCG) Form 4 filing?

The Form 4 references the PG&E Corporation 2021 Long-Term Incentive Plan. Under this plan, Restricted Stock Units are payable in PG&E Corporation stock on a one-for-one basis, forming the basis for the reported grant and subsequent tax withholding.

Why were 1,104 PG&E Corp (PCG) shares forfeited in the filing?

The 1,104 shares of PG&E common stock were forfeited to satisfy tax withholding obligations tied to the vesting of Restricted Stock Units. This is a common administrative mechanism rather than a voluntary share sale by the executive.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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Accepted by SEC EDGAR 03/04/2026 - 06:28 PM EST Learn about SEC filing dates

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^*

Vallejo Alejandro T

(Last) (First) (Middle)

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, Chief People Officer

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		11,774(1)	A	$0	65,093	D
Common Stock	03/03/2026		F		1,104(2)	D	$19.11	63,989	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 Alejandro T. Vallejo (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.
* 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.
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