Portland General Electric (POR) SVP reports stock awards and withholdings

Rhea-AI Filing Summary

Portland General Electric senior vice president and chief legal officer Maria Angelica Espinosa reported multiple common stock grants and related tax-withholding dispositions on February 13, 2026. The awards and withholdings, all valued at $54 per share, left her with 28,883 directly owned shares of company stock.

Insider Trade Summary

9 transactions reported

Mixed 9 txns

Insider Espinosa Maria Angelica

Role SVP, CLO, CCA & CC Officer

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	5,325	$54.00	$288K
Grant/Award	Common Stock	7,983	$54.00	$431K
Tax Withholding	Common Stock	2,910	$54.00	$157K
Grant/Award	Common Stock	162	$54.00	$9K
Tax Withholding	Common Stock	541	$54.00	$29K
Grant/Award	Common Stock	180	$54.00	$10K
Tax Withholding	Common Stock	791	$54.00	$43K
Grant/Award	Common Stock	95	$54.00	$5K
Tax Withholding	Common Stock	753	$54.00	$41K

Holdings After Transaction: Common Stock — 25,459 shares (Direct)

Footnotes (1)

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^*

Espinosa Maria Angelica

(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, CLO, CCA & CC Officer

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		5,325	A	$54	25,459	D
Common Stock	02/13/2026		A		7,983	A	$54	33,442	D
Common Stock	02/13/2026		F		2,910	D	$54	30,532	D
Common Stock	02/13/2026		A		162	A	$54	30,694	D
Common Stock	02/13/2026		F		541	D	$54	30,153	D
Common Stock	02/13/2026		A		180	A	$54	30,333	D
Common Stock	02/13/2026		F		791	D	$54	29,542	D
Common Stock	02/13/2026		A		95	A	$54	29,637	D
Common Stock	02/13/2026		F		753	D	$54	28,883	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 Maria Angelica Espinosa	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 Maria Angelica Espinosa report?

Maria Angelica Espinosa reported several common stock transactions, including equity grants and tax-withholding share dispositions. All events occurred on February 13, 2026 at $54 per share, reflecting routine compensation and withholding activity rather than open-market buying or selling.

What type of stock awards did the POR insider receive?

The POR insider received multiple grants of Portland General Electric common stock classified as “grant, award, or other acquisition.” These non-derivative awards increased her direct holdings, representing equity-based compensation rather than open-market purchases of the company’s shares.

Why were some Portland General Electric shares disposed of in this Form 4?

Some shares were disposed of under code F, meaning stock was delivered to cover exercise price or tax liabilities. These transactions are tax-withholding dispositions tied to compensation, not open-market sales initiated to change economic exposure to Portland General Electric stock.

At what price were the reported POR stock transactions recorded?

All reported Portland General Electric common stock transactions were recorded at $54 per share. This price is used for the equity grants and for the tax-withholding dispositions, providing a consistent valuation basis for the reported awards and related share deliveries.

How many Portland General Electric shares does the insider own after these transactions?

After completing the reported grants and tax-withholding dispositions, the insider directly owns 28,883 Portland General Electric common shares. This figure reflects her updated direct equity stake following all Form 4 transactions listed for February 13, 2026.

Are the POR insider’s reported transactions open-market buys or sells?

The reported POR transactions are not open-market buys or sells. They consist of stock grants categorized as acquisitions and code F tax-withholding dispositions, which settle compensation-related obligations using shares rather than cash in the open market.