POR VP awarded stock; shares withheld for taxes

Portland General Electric VP and CIO Kochavatr John Teeruk reported multiple common stock awards on February 13, 2026 at $54 per share, along with share disposals to cover tax obligations.

Accepted by SEC EDGAR 02/18/2026 - 01:47 PM EST Learn about SEC filing dates

Rhea-AI Filing Summary

Portland General Electric VP and CIO Kochavatr John Teeruk reported multiple common stock awards on February 13, 2026 at $54 per share, along with share disposals to cover tax obligations. After these grant and tax-withholding transactions, his directly held common stock balance was 30,881 shares, including an adjustment for 109 shares acquired through the employee stock purchase plan.

Insider Trade Summary

9 transactions reported

Mixed 9 txns

Insider Kochavatr John Teeruk

Role VP, CIO

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	4,257	$54.00	$230K
Grant/Award	Common Stock	7,724	$54.00	$417K
Exercise Price or Tax Liability	Common Stock	3,820	$54.00	$206K
Grant/Award	Common Stock	156	$54.00	$8K
Exercise Price or Tax Liability	Common Stock	686	$54.00	$37K
Grant/Award	Common Stock	148	$54.00	$8K
Exercise Price or Tax Liability	Common Stock	889	$54.00	$48K
Grant/Award	Common Stock	74	$54.00	$4K
Exercise Price or Tax Liability	Common Stock	803	$54.00	$43K

Holdings After Transaction: Common Stock — 30,881 shares (Direct)

Footnotes (1)

1. F1. Balance adjusted to reflect 109 shares acquired through employee stock purchase plan.

FAQ

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

What insider transactions did Portland General Electric (POR) report for Kochavatr John Teeruk?

Portland General Electric reported that VP and CIO Kochavatr John Teeruk received several common stock awards and had shares withheld to satisfy tax obligations. All transactions occurred on February 13, 2026, and involved common stock priced at $54 per share.

Were Kochavatr John Teeruk’s POR transactions open-market buys or sells?

The reported POR transactions were stock grants and tax-withholding dispositions, not open-market buys or sells. Code A entries reflect grant or award acquisitions, while code F entries show shares withheld to pay tax liabilities by delivering securities back to the company.

How many Portland General Electric (POR) shares does Kochavatr John Teeruk now hold?

After the reported transactions, Kochavatr John Teeruk directly holds 30,881 shares of Portland General Electric common stock. This balance includes an adjustment for 109 shares acquired through the company’s employee stock purchase plan, as noted in the filing footnote.

What is the significance of transaction code F in this POR Form 4 filing?

Transaction code F in the POR Form 4 indicates shares were disposed of to pay exercise price or tax liabilities. In this case, multiple F transactions show common stock being delivered back to satisfy tax obligations linked to stock awards, rather than discretionary selling.

At what price were the Portland General Electric (POR) stock awards recorded?

The Portland General Electric stock awards to Kochavatr John Teeruk were recorded at $54 per share. This price applies to both the grant entries coded A and the tax-withholding dispositions coded F, providing a consistent reference price for the reported Form 4 transactions.

What does the ESPP footnote mean in Kochavatr John Teeruk’s POR Form 4?

The footnote explains that the reported share balance was adjusted to include 109 additional shares acquired through the employee stock purchase plan. This means his final ownership figure incorporates those ESPP purchases along with the grant and tax-withholding transactions.

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

Form 4 Insider Transactions: What Each Field Means →

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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^*

Kochavatr John Teeruk

(Last) (First) (Middle)

121 SW SALMON STREET

(Street)

PORTLAND OR 97204

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
PORTLAND GENERAL ELECTRIC CO /OR/ [ POR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	VP, CIO

3. Date of Earliest Transaction (Month/Day/Year)
02/13/2026

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	02/13/2026		A		4,257	A	$54	28,976(1)	D
Common Stock	02/13/2026		A		7,724	A	$54	36,700	D
Common Stock	02/13/2026		F		3,820	D	$54	32,880	D
Common Stock	02/13/2026		A		156	A	$54	33,036	D
Common Stock	02/13/2026		F		686	D	$54	32,351	D
Common Stock	02/13/2026		A		148	A	$54	32,499	D
Common Stock	02/13/2026		F		889	D	$54	31,610	D
Common Stock	02/13/2026		A		74	A	$54	31,684	D
Common Stock	02/13/2026		F		803	D	$54	30,881	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. Balance adjusted to reflect 109 shares acquired through employee stock purchase plan.

	Kristina Benson Power of Attorney on behalf of John Kochavatr	02/18/2026
	** 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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