POR insider Maria Pope sells 21,945 shares at $42.50
Maria M. Pope, President and CEO and a director of Portland General Electric Company (POR), reported insider transactions on 09/10/2025.
Rhea-AI Filing Summary
Maria M. Pope, President and CEO and a director of Portland General Electric Company (POR), reported insider transactions on 09/10/2025. The filing shows two non-derivative transactions in POR common stock: a disposition of 3,049 shares (code "G") at $42.50 per share and a sale of 18,896 shares (code "S") at $42.50 per share. After these transactions, Ms. Pope beneficially owned 194,135 shares, down from 213,031 shares before the reported transactions. The Form 4 was signed by Kristina Benson under power of attorney on behalf of Maria Pope on 09/11/2025.
Positive
- Continued substantial ownership: Reporting person retains 194,135 shares after the transactions, indicating ongoing alignment with shareholders.
- Clear disclosure: Transactions are reported on Form 4 with transaction dates, amounts, and prices, meeting Section 16 reporting requirements.
Negative
- Insider selling: Total dispositions of 21,945 shares were reported on 09/10/2025, reducing beneficial ownership from 213,031 to 194,135 shares.
- No context provided: The filing does not include explanation for the sales or whether they were part of a pre-arranged plan.
Insights
TL;DR: A senior insider sold a meaningful block of shares but remains a significant shareholder.
As President and CEO and a director, Maria Pope reported two dispositions totaling 21,945 shares on 09/10/2025 at $42.50 per share, reducing her reported beneficial ownership from 213,031 to 194,135 shares. The filing is a routine Section 16 disclosure; it documents insider selling rather than any new equity grants or derivative activity. From a governance perspective, the insider continues to hold a material equity stake after the sales, preserving alignment with shareholders.
TL;DR: Insider sales were executed and disclosed; the transactions are accurately reported on Form 4.
The Form 4 lists two non-derivative dispositions executed on the same date: one coded "G" for 3,049 shares and one coded "S" for 18,896 shares, both priced at $42.50. The reporting shows proper post-transaction ownership of 194,135 shares. No derivative positions or additional grants are reported. This is a straightforward insider transaction disclosure without supplemental context about intent or trading plans.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 3,049 | $42.50 | $130K |
| Sale | Common Stock | 18,896 | $42.50 | $803K |
FAQ
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What did Maria M. Pope report in the Form 4 for POR?
What positions does Maria Pope hold at Portland General Electric (POR)?
When were the transactions executed and who signed the Form 4?
Were any derivative securities reported in this Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.