Espinosa Maria Angelica 4

What Happened

• Maria Angelica Espinosa, SVP and Chief Legal Officer (CLO) of Portland General Electric (POR), received equity awards on 2026-02-13. The filing shows five award entries totaling 13,745 shares granted at $54.00 per share (gross value $742,230).
• To cover tax liabilities, 4,995 shares were surrendered (withheld) at $54.00 per share (total $269,730). After withholding, the net increase was 8,750 shares (net value at $54.00 = $472,500). All transactions are reported at a price of $54.00.

Key Details

• Transaction date: 2026-02-13; Filing date: 2026-02-18 (appears to be filed late; Form 4 is normally due within 2 business days of the transaction).
• Prices: all reported at $54.00 per share.
• Gross shares awarded: 13,745 (total value $742,230). Shares withheld for taxes: 4,995 (value $269,730). Net shares added: 8,750 (approx. $472,500).
• Shares owned after transaction: Not specified in the provided filing details.
• Transaction codes: A = award/grant; F = payment of exercise price or tax liability (here used to withhold shares for taxes).

Context

• This appears to be the vesting/issuance of equity awards with shares withheld to satisfy tax withholding — effectively a cashless withholding rather than an open-market sale or purchase.
• Awards and associated tax-withholdings are common forms of executive compensation and do not necessarily indicate the insider’s market view.