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  4. [Form 4] PORTLAND GENERAL ELECTRIC CO /OR/ Insider Trading Activity

Portland General (NYSE: POR) director trades stock sale and equity award

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

Rhea-AI Filing Summary

Portland General Electric director Michael A. Lewis reported two Common Stock transactions. On July 24, 2026 he acquired 3,073 fully vested shares as an annual non-employee director equity award at the closing price of $52.05 per share. On July 27, 2026 he sold 1,537 shares at $51.83 per share in an open-market or private transaction, with the trades effected under a Rule 10b5-1 trading plan.

Positive

  • None.

Negative

  • None.
Insider Lewis Michael A
Role Director
Sold 1,537 shs ($80K)
Type Security Shares Price Value
Sale Common Stock 1,537 $51.83 $80K
Grant/Award Common Stock F1, F2 3,073 $52.05 $160K
Holdings After Transaction: Common Stock — 15,045 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 sold 1,537 shares Common Stock sale on July 27, 2026 at $51.83 per share
Sale price $51.83 per share Price for 1,537 Common Stock shares sold on July 27, 2026
Shares awarded 3,073 shares Fully vested annual non-employee director equity award on July 24, 2026
Award valuation price $52.05 per share Closing market price used for the July 24, 2026 equity award
Rule 10b5-1 trading plan regulatory
"Trades were effected under a Rule 10b5-1 trading plan."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
non-employee director equity award 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."

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 transactions did Portland General Electric (POR) report for Michael A. Lewis?
Michael A. Lewis reported two Common Stock transactions: a grant of 3,073 fully vested shares as an annual non-employee director equity award on July 24, 2026, and a sale of 1,537 shares on July 27, 2026.

How many Portland General Electric (POR) shares did Michael A. Lewis sell and at what price?
Michael A. Lewis sold 1,537 shares of Portland General Electric Common Stock at $51.83 per share on July 27, 2026. The transaction was reported as a sale in an open-market or private transaction under a Rule 10b5-1 trading plan.

What equity award did director Michael A. Lewis receive from Portland General Electric (POR)?
On July 24, 2026, Michael A. Lewis received 3,073 fully vested shares of Portland General Electric Common Stock as an annual non-employee director equity award, valued using the $52.05 closing market price on that date.

Were Michael A. Lewis’s Portland General Electric (POR) trades under a Rule 10b5-1 plan?
Yes. The filing indicates the transactions were effected under a Rule 10b5-1 trading plan. Such plans allow pre-arranged trading of company stock according to predetermined terms, reducing the significance of trade timing as a signal.

Did the Portland General Electric (POR) Form 4 involve derivative securities for Michael A. Lewis?
No. All reported transactions for Michael A. Lewis involve non-derivative Common Stock only. The filing’s derivative section shows no derivative transactions and no remaining derivative positions reported in this Form 4.
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).
X
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*
Lewis Michael A
(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)16,582D
Common Stock07/27/2026S1,537D$51.8315,045D
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 Michael Lewis07/28/2026
** 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