Poppe Patricia K 4

What Happened
Patricia K. Poppe, CEO of PG&E Corporation (PCG), sold 31,250 shares in an open-market transaction on February 18, 2026. The reported weighted-average price was $17.90 per share for total proceeds of approximately $559,375. This was a sale (not a purchase or option exercise) and appears to have been executed under a pre-established trading plan.

Key Details

• Transaction date: 2026-02-18 (filed same day). Transaction code: S (sale).
• Price: weighted average $17.90; actual sale prices ranged from $17.79 to $18.07 across multiple trades.
• Total proceeds: ~$559,375 (31,250 shares × $17.90 WAP).
• Shares owned after the transaction: not disclosed in the provided filing excerpt.
• Notable footnotes: F1 — transaction executed pursuant to a Rule 10b5-1 trading plan adopted Nov 4, 2025; F2 — weighted-average price with range $17.79–$18.07; the reporting person will provide full per-price breakdown on request.
• Filing timeliness: reported with the same report/transaction date (no late filing indicated).

Context
Sales under 10b5-1 plans are commonly pre-scheduled and do not necessarily signal a change in an insider’s view of the company. For retail investors, note that routine insider sales provide liquidity to executives but are less informative than open-market purchases, which can be a stronger signal of insider confidence.