Harris Arno Lockheart 4

What Happened

• Arno Lockheart, a director of PG&E Corporation (PCG), was granted 10,948 restricted stock units (RSUs) on 2026-05-21. The Form 4 reports the acquisition price as $0.00 (these are awards, not open-market purchases). RSUs convert to shares one-for-one when they vest.

Key Details

• Transaction date: 2026-05-21; Grant type: Award/Grant (RSUs) — 10,948 units at $0.00.
• Filing date (SEC Accession): 2026-05-26 (filed one business day after the typical 2-business-day reporting window for Form 4s).
• Shares owned after transaction: not specified in the provided filing summary.
• Footnote F1: RSUs granted under the PG&E Corporation 2021 Long Term Incentive Plan (LTIP); RSUs vest upon the earliest of one year from grant, the last day of a director’s elected term, certain change-in-control events, or death/disability.
• Footnote F2: The reported total reflects earlier small RSU accruals from a dividend reinvestment feature (20.34 on 7/15/2025; 15.88 on 10/15/2025; 33.62 on 1/15/2026; 30.61 on 4/15/2026 — about 100.45 RSUs total).

Context

• This is a routine equity award to a director under PG&E’s LTIP, not an open-market purchase or sale. RSU awards are compensation that will convert to common stock only if and when vesting conditions are met, so they do not represent an immediate cash transaction or market sale. The one-day late filing may be noted by disclosure watchers but does not change the nature of the award.