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Portland General Electric (NYSE: POR) director receives 3,073-share equity grant

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Torgerson James P reported acquisition or exercise transactions in this Form 4 filing.

Portland General Electric director James P. Torgerson received a grant of 3,073 shares of common stock on July 24, 2026, as a fully vested annual non-employee director equity award at $52.05 per share, the closing market price. His direct holdings increased to 23,519 shares.

Positive

  • None.

Negative

  • None.
Insider Torgerson James P
Role Director
Type Security Shares Price Value
Grant/Award Common Stock F1, F2 3,073 $52.05 $160K
Holdings After Transaction: Common Stock — 23,519 shares (Direct)
Footnotes (2)
  1. F1. Represents fully vested shares issued for an annual non-employee director equity award.
  2. F2. The price per share is the closing market price of the Issuer's common stock on July 24, 2026.
Shares granted 3,073 shares Fully vested annual non-employee director equity award on July 24, 2026
Grant reference price $52.05 per share Closing market price of common stock on July 24, 2026
Shares held after transaction 23,519 shares Director’s direct common stock holdings following the grant
Transaction date July 24, 2026 Date of annual non-employee director equity award
non-employee director equity award financial
"Represents fully vested shares issued for an annual non-employee director equity award."
fully vested shares financial
"Represents fully vested shares issued for an annual non-employee director equity award."
closing market price financial
"The price per share is the closing market price of the Issuer's common stock."
Power of Attorney regulatory
"Exhibit 24 - Power of Attorney"
A power of attorney is a legal document that allows one person to make decisions and act on behalf of another person, often in financial or legal matters. It’s like giving someone a trusted helper or agent the authority to handle important tasks if you are unable to do so yourself. This matters to investors because it can impact how their assets are managed or transferred if they become unable to oversee their affairs.

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

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Form 4 Insider Transactions: What Each Field Means →

FAQ

What insider transaction was reported for POR director James P. Torgerson?
James P. Torgerson received a grant of 3,073 shares of Portland General Electric common stock. The shares represent a fully vested annual non-employee director equity award and were issued at the $52.05 closing market price on July 24, 2026.

Was the POR insider transaction a purchase or an equity award?
The POR insider transaction was an equity award, not an open-market purchase. Torgerson received 3,073 fully vested shares as his annual non-employee director equity award, with the award value based on the $52.05 closing market price on July 24, 2026.

At what price was the 3,073-share grant to the POR director valued?
The 3,073-share grant was valued at $52.05 per share. That price equals the closing market price of Portland General Electric’s common stock on July 24, 2026, which is the reference price used to determine the value of the equity award.

How many Portland General Electric (POR) shares does James P. Torgerson now hold?
After receiving the equity award, Torgerson directly holds 23,519 shares of Portland General Electric common stock. This total includes the newly granted 3,073 fully vested shares from the annual non-employee director equity award reported for July 24, 2026.

Is the POR director equity award reported under a Rule 10b5-1 trading plan?
The transaction is reported as an equity award and the Rule 10b5-1 checkbox is not marked. The grant consists of fully vested shares issued as an annual non-employee director equity award, rather than shares acquired under a pre-arranged trading plan.
SEC Form 4
FORM 4UNITED 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*
Torgerson James P
(Last)(First)(Middle)
121 SW SALMON STREET
(Street)
PORTLAND OREGON 97204
(City)(State)(Zip)
UNITED STATES
(Country)		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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/24/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock07/24/2026A3,073(1)A$52.05(2)23,519D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents fully vested shares issued for an annual non-employee director equity award.
2. The price per share is the closing market price of the Issuer's common stock on July 24, 2026.
Remarks:
Exhibit List Exhibit 24 - Power of Attorney
Parker Morrill, Attorney-in-Fact for James Torgerson07/28/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR