PG&E Us SEC Filings

PG&E Corp Chief Executive Officer Patricia K. Poppe, through the Patricia K. Poppe Revocable Living Trust, reported an open-market sale of 31,250 shares of common stock at a weighted average price of $16.39 on April 28, 2026. The sale price reflects multiple trades between $16.32 and $16.43. The transaction was executed under a pre-arranged trading plan intended to comply with Rule 10b5-1(c), adopted on November 4, 2025. Following the sale, the trust held 2,273,268 shares of PG&E Corp common stock indirectly, and Poppe also held 348,744 shares directly.

PG&E Corp affiliate filed a Form 144 reporting an intended sale of 31,250 shares. The notice lists the trustee Patricia K. Poppe TTEE with a transaction date of 02/18/2026 and an aggregate value of $559,345. The filing also records prior restricted stock lapses of 19,986 shares on 01/04/2023 and 11,264 shares on 03/01/2023.

Vallejo Alejandro T reported acquisition or exercise transactions in this Form 4 filing.

PG&E Corp executive Alejandro T. Vallejo, EVP and Chief People Officer, received a grant of 439.96 units of phantom stock on April 23, 2026, tied economically to PG&E common stock at a reference price of $16.83 per unit.

Each phantom stock unit equals one share of common stock in value and will be paid in cash after his service as an officer ends, under the company’s SRSP and DC-ESRP executive retirement plans. Following this award and related plan activity, his phantom stock balance totals 33,100.04 units, including 93.64 units credited on April 15, 2026 through a dividend reinvestment feature.

PG&E Corporation and Pacific Gas and Electric Company reported sharply stronger first‑quarter 2026 results. Utility operating revenues rose to $6.9 billion, up 15% from 2025, driven mainly by the 2023 WMCE decision, higher electricity cost recovery, and extended Diablo Canyon operations.

Utility net income increased 37% to $954 million, with operating income up 20% as costs grew more slowly than revenues. PG&E continues to carry large wildfire-related liabilities, relies on Wildfire Fund and regulatory recovery mechanisms, and plans about $12.4 billion of 2026 capital spending while maintaining access to roughly $6.3 billion of liquidity.

PG&E Corporation reported stronger first quarter 2026 results and reaffirmed its 2026 outlook. GAAP earnings were $0.39 per diluted share, up from $0.28 a year earlier, on income available for common shareholders of $858 million versus $607 million. Non-GAAP core earnings were $0.43 per share, compared with $0.33, and full-year 2026 non-GAAP core EPS guidance was reaffirmed at $1.64 to $1.66.

Total operating revenues rose to $6.881 billion from $5.983 billion, with higher electric and natural gas revenues. Management highlighted progress on costs, remaining on track for a 2–4% non-fuel operating and maintenance cost reduction target. PG&E also emphasized customer affordability, noting bundled residential electric rates are down 23% for vulnerable CARE customers and 13% for other customers since January 2024.

Operationally, PG&E received U.S. Nuclear Regulatory Commission approval to renew Diablo Canyon Power Plant’s license for extended operations, continued wildfire risk mitigation through undergrounding and system hardening, expanded renewable natural gas connections, and advanced data center interconnection projects totaling about 4.6 gigawatts in final engineering, which the company says can support long-term bill savings under appropriate conditions.

PG&E Corporation and Pacific Gas and Electric Company are asking shareholders to vote at their virtual joint 2026 annual meetings on May 21, 2026. Proposals include electing directors, an advisory vote on executive compensation, and ratifying Deloitte & Touche LLP as independent auditor.

The proxy highlights operational progress: CPUC-reportable ignitions fell over 40%, residential bundled electric rates are 13% lower than January 2024, and electric reliability improved 19% from 2024 with over 99% gas reliability. The companies extended a $73 billion investment plan through 2030, targeting “9% plus” annual non‑GAAP core EPS growth and an average annual bill trajectory of 0–3%.

PG&E reports more than 1,200 miles of powerlines undergrounded since 2021, sustained 69% reductions in serious ignitions on circuits with enhanced safety settings, and meeting all 55 Wildfire Mitigation Plan commitments in 2025. The dividend was doubled from $0.10 to $0.20 per share, equal to a 13% payout of 2025 non‑GAAP core EPS, with a goal of 20% by 2028. The proxy also emphasizes board independence, skills in wildfire safety, risk management, and clean energy, and detailed governance, risk, safety, and sustainability oversight frameworks.

PG&E Corp director Leo P. Denault reported an acquisition of phantom stock units as deferred compensation. He received 1,849.74 phantom stock units tied to PG&E common stock at an indicated value of $17.57 per unit, increasing his phantom stock balance to 9,012.03 units. Each phantom share is economically equivalent to one share of common stock and will be paid in cash when his board service ends. The award was made under the Deferred Compensation Plan for Non-Employee Directors and includes 22.62 units credited on January 15, 2026 through a dividend reinvestment feature.

The Vanguard Group amended its Schedule 13G filing for PG&E Corp. The amendment (Amendment No. 14) states Vanguard's reported beneficial ownership in PG&E Common Stock is 0 shares, or 0%, following an internal realignment. The filing explains certain Vanguard subsidiaries and business divisions will report ownership separately in accordance with SEC Release No. 34-39538 (January 12, 1998), and that Vanguard no longer is deemed to beneficially own securities held by those subsidiaries.