Portland General Electric (POR) Form 4: CEO Maria Pope reports stock dispositions

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

Corporate Governance Expert

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.

Securities Analyst

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.

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^*

POPE MARIA M

(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
X	Officer (give title below)		Other (specify below)
	President and CEO

3. Date of Earliest Transaction (Month/Day/Year)
09/10/2025

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	09/10/2025		G		3,049	D	$42.5	213,031	D
Common Stock	09/10/2025		S		18,896	D	$42.5	194,135	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 Maria Pope	09/11/2025
	** 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.

FAQ

What did Maria M. Pope report in the Form 4 for POR?

The Form 4 reports two dispositions on 09/10/2025 totaling 21,945 POR common shares at $42.50 per share, leaving her with 194,135 shares.

What positions does Maria Pope hold at Portland General Electric (POR)?

The Form 4 lists Maria M. Pope as both a Director and President and CEO of Portland General Electric Company.

When were the transactions executed and who signed the Form 4?

The transactions were executed on 09/10/2025 and the Form 4 was signed by Kristina Benson as Power of Attorney on behalf of Maria Pope on 09/11/2025.

How many shares did Maria Pope own before and after the reported transactions?

Before the transactions she beneficially owned 213,031 shares; after the transactions she beneficially owned 194,135 shares.

Were any derivative securities reported in this Form 4?

No. Table II for derivative securities contains no reported transactions or holdings in this filing.