Portland General (NYSE: POR) SVP reports stock awards and tax withholdings

Rhea-AI Filing Summary

Portland General Electric executive John Carter McFarland reported a mix of stock awards and tax-related share withholdings in common stock. On February 13, 2026, he received several grants of company shares, including 5,081, 417, 54, and 88 shares, reflecting equity-based compensation rather than open-market purchases.

Shares totaling 3,078, 381, and 914 were disposed of to cover tax liabilities at a reported price of $54.00 per share. After these award and tax-withholding transactions, McFarland directly owned 22,109 shares of Portland General Electric common stock.

Insider Trade Summary

7 transactions reported

Mixed 7 txns

Insider McFarland John Carter

Role SVP, Commercial & Customer

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	5,081	$54.00	$274K
Grant/Award	Common Stock	417	$54.00	$23K
Tax Withholding	Common Stock	3,078	$54.00	$166K
Grant/Award	Common Stock	54	$54.00	$3K
Tax Withholding	Common Stock	381	$54.00	$21K
Grant/Award	Common Stock	88	$54.00	$5K
Tax Withholding	Common Stock	914	$54.00	$49K

Holdings After Transaction: Common Stock — 25,924 shares (Direct)

Footnotes (1)

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Form 4 Insider Transactions: What Each Field Means →

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^*

McFarland John Carter

(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)
	SVP, Commercial & Customer

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		5,081	A	$54	25,924(1)	D
Common Stock	02/13/2026		A		417	A	$54	26,341	D
Common Stock	02/13/2026		F		3,078	D	$54	23,262	D
Common Stock	02/13/2026		A		54	A	$54	23,316	D
Common Stock	02/13/2026		F		381	D	$54	22,935	D
Common Stock	02/13/2026		A		88	A	$54	23,023	D
Common Stock	02/13/2026		F		914	D	$54	22,109	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 dividend reinvestent on previously vested shares.

	Kristina Benson Power of Attorney on behalf of John McFarland	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 activity did POR executive John Carter McFarland report?

John Carter McFarland reported stock awards and tax-related share withholdings in Portland General Electric common stock. Multiple grants increased his equity stake, while some shares were withheld to satisfy tax obligations tied to those awards.

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

McFarland received several stock awards of 5,081, 417, 54, and 88 Portland General Electric common shares. These transactions are coded as grants or awards, indicating equity compensation rather than open-market buying activity in the company’s stock.

What do the tax-withholding dispositions reported by McFarland mean for POR stock?

McFarland reported dispositions of 3,078, 381, and 914 shares to cover tax liabilities at about $54 per share. These F-coded transactions reflect shares withheld for taxes, not discretionary open-market selling of Portland General Electric stock by the executive.

How many POR shares did McFarland own after these Form 4 transactions?

After completing the reported grants and tax-withholding share disposals, McFarland directly owned 22,109 shares of Portland General Electric common stock. This figure reflects his adjusted post-transaction holding as disclosed in the Form 4 insider filing.

Were McFarland’s POR transactions open-market buys or compensation-related?

The reported transactions were compensation-related, not open-market trades. Awards coded “A” represent stock grants, while “F” transactions show shares delivered to pay tax liabilities, all tied to Portland General Electric equity compensation programs.

What was the reported price used in McFarland’s POR Form 4 transactions?

A price of $54.00 per share was reported across the listed grant and tax-withholding entries. This figure is used in the Form 4 to value both the common stock awards and the shares disposed to satisfy associated tax obligations.