Portland General Electric (POR) Director James P. Torgerson Receives Award

What Happened James P. Torgerson, a director of Portland General Electric Co. (POR), was granted 3,073 fully vested shares as an annual non-employee director equity award on July 24, 2026. The filing lists a per-share price of $52.05 (the closing market price on July 24, 2026), giving the award a notional value of approximately $159,950. This transaction is an equity compensation award (code A), not an open-market purchase or sale.

Key Details

• Transaction date: July 24, 2026; Form 4 filed July 28, 2026.
• Transaction type/code: Award/Acquisition (A).
• Shares acquired: 3,073 shares at $52.05 per share; total value ≈ $159,950.
• Shares owned after transaction: Not disclosed in the filing.
• Footnotes: F1 — shares represent a fully vested annual non-employee director equity award; F2 — price equals the issuer's closing stock price on July 24, 2026.
• Exhibit included: Exhibit 24 — Power of Attorney.
• Timeliness: Filing date is four days after the transaction date; check the official filing for any timeliness designation.

Context This award is standard director compensation and reflects issuance of fully vested shares for board service. Such grants are compensation-related and do not directly indicate the director buying or selling stock in the market.