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Portland General Electric insider files Form 144 for $803K sale

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Portland General Electric Company (POR) filed a Form 144 to notify a proposed sale of 18,896 shares of common stock through JPMorgan with an aggregate market value of $803,080.00. The filing shows the shares were acquired via restricted stock vesting on 02/12/2020 (8,049 shares) and 02/11/2022 (10,847 shares) and that payment was for compensation. The filing lists 109,562,368 shares outstanding and an approximate sale date of 09/10/2025 on the NYSE. No sales in the past three months are reported and the signer certifies no undisclosed material adverse information.

Positive

  • None.

Negative

  • None.

Insights

TL;DR: Insider plans a small routine sale of vested restricted shares, disclosed under Rule 144.

The Form 144 details a proposed brokered sale of 18,896 common shares valued at $803,080. The shares were received through restricted stock vesting in 2020 and 2022 as compensation. Compared with reported outstanding shares (109,562,368), the proposed sale represents a de minimis stake, indicating limited market impact. The filing is a standard compliance disclosure required for sales by affiliates and includes the statutory representation that no material nonpublic information is known.

TL;DR: Proper disclosure of an intended insider sale; routine governance compliance.

The notice identifies the broker, intended sale date, acquisition dates, and that the securities originated from restricted stock vesting as compensation. The absence of reported sales in the prior three months simplifies aggregation rules. The signature block affirms the insider does not possess undisclosed material information, aligning with Rule 144 and antifraud requirements. This filing reads as a routine, governance-compliant transaction rather than an event suggesting operational or disclosure concerns.

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

What does the Form 144 filed by POR disclose?

The filing discloses a proposed sale of 18,896 common shares valued at $803,080 via JPMorgan, acquired through restricted stock vesting in 2020 and 2022.

When is the approximate sale date listed in the POR Form 144?

The approximate sale date is 09/10/2025.

How many shares outstanding does the filing report for POR?

The filing reports 109,562,368 shares outstanding.

Were any POR shares sold by the reporting person in the past three months?

No; the filing states "Nothing to Report" for securities sold during the past three months.

What was the nature of the acquisition for the shares to be sold?

The shares were acquired through restricted stock vesting and the payment nature is listed as compensation.
Portland General

NYSE:POR

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5.35B
111.87M
0.49%
100.77%
4.14%
Utilities - Regulated Electric
Electric Services
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United States
PORTLAND