[Form 4] Portland General Electric Company Insider Trading Activity

Rhea-AI Filing Summary

Portland General Electric (POR) – Form 4 insider transaction

Vice President & CIO John Teeruk Kochavatr disclosed the sale of 6,000 common shares on 07/31/2025 at an average price of $41.15 (Transaction Code “S”). After the sale, the executive directly owns 24,609 shares of POR. No derivative securities were reported in Table II. The filing was signed by attorney-in-fact Kristina Benson on 08/01/2025.

• Only one non-derivative transaction was reported; there were no acquisitions or option exercises.
• The ownership form remains “D” (direct).

The disclosure indicates a modest reduction in the executive’s direct equity exposure without accompanying purchases or hedges.

Positive

• None.

Negative

• Senior officer sold 6,000 shares on 07/31/2025, reducing direct holdings to 24,609 and potentially signaling diminished short-term confidence.

Insights

Portfolio Manager

TL;DR: Modest insider sale; mildly negative signal but limited size.

Insider selling by a senior officer can signal reduced confidence, yet the 6,000-share divestiture leaves Kochavatr with 24,609 shares, suggesting he maintains a material stake. The transaction totals roughly 20% of his prior reported holdings and under $0.25 million in value, so it is unlikely to be a strong directional cue for the stock. No pattern of sequential sales is evident in this single filing. Overall impact: slightly negative but not material to the investment thesis.

Corporate Governance Expert

TL;DR: Routine Form 4 with no governance red flags.

The filing follows Section 16 requirements, includes attorney-in-fact authorization, and discloses average sale price as required. No 10b5-1 plan tag is checked, implying discretionary timing. Absence of derivative positions or complex structures keeps transparency high. From a governance standpoint the event is compliant and low risk.

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^*

Kochavatr John Teeruk

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Vice President, CIO

3. Date of Earliest Transaction (Month/Day/Year)
07/31/2025

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	07/31/2025		S		6,000	D	$41.15(1)	24,609	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:

1. Average price of the shares sold.

Remarks:

	Kristina Benson Power of Attorney on behalf of John Teeruk Kochavatr	08/01/2025
	** 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

How many Portland General Electric shares did John Teeruk Kochavatr sell?

6,000 common shares were sold.

At what price were the POR shares sold according to the Form 4?

The average sale price was $41.15 per share.

What is John Teeruk Kochavatr's role at Portland General Electric?

He is the company’s Vice President & Chief Information Officer.

How many POR shares does the executive own after the transaction?

He now directly owns 24,609 shares.

Did the Form 4 include any derivative security transactions?

No, Table II reported no derivative securities acquired or disposed.