PG&E Corp (PCG) reported an executive equity transaction. On 10/28/2025, the EVP, Chief People Officer acquired 5,584 shares at $0, bringing direct beneficial ownership to 46,726 shares.
A footnote states these are Restricted Stock Units (RSUs) granted under the PG&E Corporation 2021 Long‑Term Incentive Plan, payable in PG&E stock on a one‑for‑one basis.
PG&E Corp (PCG) officer Alejandro T. Vallejo reported acquiring 487.55 phantom stock units on 10/24/2025 on a Form 4. The filing lists a price of derivative security $16.4 and shows 28,578.75 phantom stock units beneficially owned following the transaction.
Each phantom stock unit is the economic equivalent of one share of common stock and becomes payable in cash after the officer’s termination of service. The filing notes the units were credited through deferral under the SRSP and credits under the DC-ESRP, exempt under Rule 16b-3(d). It also states the total includes 42.04 units acquired on 10/15/2025 via a dividend reinvestment feature.
PG&E Corporation and its utility subsidiary filed their combined quarterly report for the period ended September 30, 2025. The filing outlines ongoing operational and regulatory priorities, including wildfire mitigation programs such as Enhanced Powerline Safety Settings, Public Safety Power Shutoffs, vegetation management, asset inspections, and system hardening initiatives like undergrounding.
Common stock outstanding was 2,675,654,015 for PG&E Corporation as of October 15, 2025. The report lists multiple listed securities, including common stock (PCG) on the NYSE and several series of preferred stock on NYSE American, plus 6.000% Series A Mandatory Convertible Preferred (PCG-PrX).
Management highlights key risks and dependencies: the availability and effectiveness of the AB 1054 Wildfire Fund and Continuation Account, cost recovery outcomes at the CPUC and FERC, weather and climate-related impacts on operations, cybersecurity, and access to capital. The filing also references ongoing legal and regulatory proceedings and the potential financial effects tied to those matters.
PG&E Corporation (PCG) furnished an 8‑K announcing it released a press release with financial results for the quarter ended September 30, 2025, and provided a slide presentation. The materials are attached as Exhibit 99.1 and Exhibit 99.2 and are being furnished, not deemed filed. PG&E also scheduled a webcast conference call on October 23, 2025 to discuss results and management’s business outlook, with the presentation posted on its investor website. The filing reiterates that forward‑looking statements are subject to risks described in recent SEC reports.
Alejandro T. Vallejo, EVP and Chief People Officer of PG&E Corp (PCG), filed an initial Form 3 reporting direct ownership of 41,142 shares of common stock and 28,048.36 units of phantom stock. The phantom units are economically equivalent to common shares and become payable in cash following termination of service, though they may be moved into an alternative investment account at any time. The transaction date reported is 09/30/2025.
Pacific Gas and Electric Company filed an Form 8-K disclosing capital markets and legal documents dated September and October 2025. The filing lists an Underwriting Agreement dated September 30, 2025 among the company and several underwriters and supplemental indentures: a Thirty-First Supplemental Indenture (Oct 2, 2025) covering the 2032 Bonds and 2055 Bonds, and a Twenty-Ninth Supplemental Indenture (June 4, 2025) for the 2028 Bonds. The filing includes an opinion and consent from Hunton Andrews Kurth LLP and signatures from the company’s CFO Carolyn J. Burke and VP/Treasurer Margaret K. Becker. The document primarily catalogs executed bond and legal documents rather than financial metrics.
PG&E Corporation and its utility, Pacific Gas and Electric Company, filed a current report to notify investors of an upcoming conference call. The call is scheduled for Monday, September 29, 2025, at 10:00 a.m. Eastern Time and will provide an investor update, including details on extending PG&E’s investment plan through 2030.
Investors can access a live audio webcast through the PG&E Corporation investor relations website and will be able to view a supporting presentation under the Events & Presentations section. The information related to the call and presentation is being furnished for Regulation FD purposes and is not deemed filed under the securities laws unless specifically incorporated by reference in other filings.
Pacific Gas and Electric Company entered into a $500,000,000 Term Loan Credit Agreement dated September 24, 2025, and borrowed the full amount that day. The loans mature on September 23, 2026, and bear interest at either Term SOFR + 1.25% or an alternative base rate + 0.25% depending on the borrower’s election. The Utility secured the obligations by issuing a first mortgage bond under a Thirtieth Supplemental Indenture, creating a first lien on substantially all real property and certain tangible personal property, ranking pari passu with its other first mortgage bonds. The Credit Agreement contains customary covenants and restricts liens, sale-leaseback transactions, fundamental changes, swaps and Mortgage Indenture modifications. It also requires the Utility to maintain a total consolidated debt to consolidated capitalization ratio of no greater than 65% at each fiscal quarter end and contains standard default and cross-default provisions.
PG&E Corp (PCG) disclosed a multi-year non-GAAP performance plan that targets 2025 non-GAAP Core EPS of $1.48–$1.52 and annual non-GAAP Core EPS growth of at least 9% from 2026–2028. The company also targets 2023–2028 compound annual rate base growth of 10%, and states that common equity issuance for the 2024–2028 plan is complete.
The filing includes a non-GAAP reconciliation (Exhibit 99.1) and an Inline XBRL cover page (Exhibit 104). These items provide the company’s performance targets and the reconciliation needed to understand how the non-GAAP Core EPS measures are derived.
PG&E Corporation reports that Executive Vice President and Chief People Officer Kaled H. Awada has resigned from his roles at both PG&E Corporation and its utility subsidiary, Pacific Gas and Electric Company. He notified the companies on September 12, 2025.
His resignation is effective September 30, 2025, and the filing states that he is leaving to pursue another opportunity. The report focuses solely on this leadership change and does not include financial results or transaction details.