Portland General (NYSE: POR) SVP gets stock grants, tax shares withheld

Rhea-AI Filing Summary

Portland General Electric Senior Vice President Larry Neal Bekkedahl reported a set of equity compensation transactions in company common stock. On February 13, 2026, he received several stock grants totaling 8,540 shares at a reference price of $54 per share.

On the same date, a total of 4,760 shares was disposed of to satisfy tax withholding obligations, also at $54 per share, which is not an open-market sale. After these grants and tax-withholding dispositions, Bekkedahl directly owned 37,063 shares of Portland General Electric common stock.

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
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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^*

Bekkedahl Larry Neal

(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)
	Senior Vice President

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		8,161	A	$54	41,444	D
Common Stock	02/13/2026		F		2,975	D	$54	38,468	D
Common Stock	02/13/2026		A		165	A	$54	38,633	D
Common Stock	02/13/2026		F		553	D	$54	38,081	D
Common Stock	02/13/2026		A		143	A	$54	38,224	D
Common Stock	02/13/2026		F		667	D	$54	37,557	D
Common Stock	02/13/2026		A		71	A	$54	37,628	D
Common Stock	02/13/2026		F		565	D	$54	37,063	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:

	Kristina Benson Power of Attorney on behalf of Larry Bekkedahl	02/18/2026
	** 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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transactions did POR executive Larry Bekkedahl report?

Larry Neal Bekkedahl reported multiple equity compensation transactions in Portland General Electric common stock on February 13, 2026. He received stock grants and had shares withheld to cover taxes, all reported as direct ownership changes in Form 4.

How many Portland General Electric (POR) shares were granted to the SVP?

Larry Bekkedahl received stock grants totaling 8,540 shares of Portland General Electric common stock at a reference price of $54 per share. These awards reflect equity-based compensation rather than open-market purchases of POR shares.

Were any Portland General Electric (POR) shares sold on the open market?

No open-market sales were reported. Dispositions were coded “F,” meaning 4,760 shares were delivered to satisfy tax withholding obligations at $54 per share, rather than sold in ordinary market transactions.

What is Larry Bekkedahl’s POR share ownership after these transactions?

After the reported grants and tax-withholding dispositions, Larry Bekkedahl directly owned 37,063 shares of Portland General Electric common stock. This figure reflects his updated direct ownership immediately following the February 13, 2026 transactions.

What do the A and F transaction codes mean in this POR Form 4?

Code A indicates stock grants or awards, representing acquired shares as compensation. Code F shows shares disposed of to pay exercise price or tax liabilities by delivering securities, not traditional open-market selling of POR stock.