POPE MARIA M 4

What Happened Maria M. Pope, President & CEO and a director of Portland General Electric (POR), received stock awards on 2026-02-13 totaling 90,053 shares at $54.00 per share (aggregate value $4,862,862). To satisfy tax withholding obligations, 48,296 shares were surrendered/withheld (reported as "F" — payment of exercise price or tax liability) worth $2,607,984, leaving a net increase of 41,757 shares (net value ≈ $2,254,878). These transactions reflect award/grant settlement rather than an open-market purchase or conventional sale.

Key Details

• Transaction date: 2026-02-13; reported on Form 4 filed 2026-02-18.
• Price per share reported: $54.00.
• Gross shares acquired (code A): 90,053 shares (total $4,862,862).
• Shares withheld/disposed for taxes (code F): 48,296 shares (total $2,607,984).
• Net shares added: 41,757 (net value ≈ $2,254,878).
• Shares owned after the transaction: not stated in the summary provided — see the Form 4 for the exact beneficial ownership figure.
• Transaction codes: A = award/grant/acquisition; F = payment of exercise price or tax liability (typical tax withholding).
• Filing timing: Form 4 filed on Feb 18 for a Feb 13 transaction (appears to be filed after the standard 2-business-day window).

Context These entries appear to reflect a compensation award or settlement (e.g., stock award or RSU vesting) with shares withheld to cover taxes — a common, routine practice that does not represent an open-market buy or sell decision. For retail investors, acquisitions via awards indicate management was granted equity; the tax-withholding disposals are administrative and not a directional sale. For full details (including exact post-transaction ownership and any footnotes), consult the filed Form 4 (Accession: 0000784977-26-000022).