POR Director Sells 1,937 Shares at $40.10 – Form 4 Filing

Rhea-AI Filing Summary

Portland General Electric Company (POR) – Form 4

Director Michael A. Lewis disclosed one transaction dated 21-Jul-2025:

• Shares sold: 1,937 common shares
• Sale price: $40.10 per share
• Gross proceeds: ≈ $77,723
• Shares directly owned after sale: 13,509

No derivative securities were reported. The filing was signed by attorney-in-fact Kristina Benson on 22-Jul-2025.

Positive

• None.

Negative

• Director Michael A. Lewis sold 1,937 shares at $40.10, which can be perceived as a bearish signal, albeit modest in size.

Insights

Equity Risk Analyst

TL;DR – Small director sale; limited immediate impact.

The Form 4 shows Michael A. Lewis sold 1,937 POR shares at $40.10, trimming but not exiting his position (retains 13,509 shares). The transaction represents a routine, sub-2 k share disposal with no accompanying derivatives or multiple trades, suggesting liquidity or diversification rather than a strategic signal. While insider sales can be perceived negatively, the modest size relative to typical daily volume and the director’s remaining stake limit material impact. Overall, this is a minor, information-only event.

Insider Trade Summary

Net Seller: 1,937 shares

Net Sell 1 txn

Insider Lewis Michael A

Role Director

Sold 1,937 shs ($78K)

Type	Security	Shares	Price	Value
Sale	Common Stock	1,937	$40.10	$78K

Holdings After Transaction: Common Stock — 13,509 shares (Direct)

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many POR shares did Director Michael A. Lewis sell?

He sold 1,937 common shares.

What price did the POR insider sale occur at?

The shares were sold at $40.10 each.

How many shares does Michael A. Lewis own after the transaction?

He directly owns 13,509 POR shares after the sale.

When was the POR insider transaction executed and filed?

The sale occurred on 21-Jul-2025 and was filed on 22-Jul-2025.

Were any derivative securities involved in this Form 4?

No; the filing lists no derivative transactions.

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

Form 4 Insider Transactions: What Each Field Means →

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Accepted by SEC EDGAR 07/22/2025 - 12:21 PM Learn about SEC filing dates

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).

1. Name and Address of Reporting Person^*

Lewis Michael A

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
07/21/2025

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	07/21/2025		S		1,937	D	$40.1	13,509	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:

Remarks:

	Kristina Benson Power of Attorney on behalf of Michael Lewis	07/22/2025
	** 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.