Cooper Kerry Whorton 4
Research Summary
AI-generated summary
PG&E (PCG) Director Kerry Whorton Cooper Sells 2,500 Shares
What Happened Kerry Whorton Cooper, a director of PG&E Corporation (PCG), sold 2,500 shares on 2026-03-17 in an open-market disposition at $18.68 per share, for a total of $46,700. This was a sale (not a purchase or award) executed pursuant to a pre-established trading plan.
Key Details
- Transaction date and price: 2026-03-17 — sale of 2,500 shares at $18.68 each (total ≈ $46,700).
- Transaction type: Sale (reported as “S” — open market/private sale).
- Shares owned after transaction: Not specified in the filing.
- Footnotes:
- F1: The sale occurred under a Rule 10b5-1(c) trading plan adopted 11/25/2025 (prearranged plan).
- F2: The filing notes prior acquisitions of 50.60 RSUs (7/15/2025), 39.51 RSUs (10/15/2025), and 83.66 RSUs (1/15/2026) via the LTIP dividend reinvestment feature (total 173.77 RSUs).
- Filing timeliness: Report filed 2026-03-17 for a 2026-03-17 transaction — appears to be timely.
Context Because the sale was executed under a 10b5-1 plan, it was likely pre-scheduled and does not necessarily reflect the director’s current view of the company. Sales under 10b5-1 plans are common for routine portfolio management; purchases tend to carry more direct signaling value for investors.