PG&E Corp·4

May 26, 4:36 PM ET

Denecour Jessica 4

Research Summary

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PG&E (PCG) Director Jessica Denecour Receives RSU Award (10,948)

What Happened

Jessica Denecour, a director of PG&E Corporation (PCG), was granted 10,948 restricted stock units (RSUs) on 2026-05-21. The grant is recorded at $0.00 per share (total reported value $0). These RSUs are payable one-for-one in PG&E common stock when they vest.

Key Details

  • Transaction date and type: 2026-05-21 — Award/Grant (RSUs).
  • Shares granted: 10,948 RSUs; price shown: $0.00; total value reported: $0.
  • Shares owned after the transaction: Not specified in the provided filing details.
  • Footnote highlights:
    • F1: RSUs granted under the PG&E Corporation 2021 Long Term Incentive Plan (LTIP). Vesting occurs on the earliest of one year from grant, the last day of a director’s elected term, death/disability, termination following a change in control, or a change in control where the acquiror does not assume/continue/substitute the award.
    • F2: The reported total includes RSUs acquired via a dividend reinvestment feature (68.65 RSUs on 7/15/2025; 53.61 on 10/15/2025; 113.50 on 1/15/2026; and 103.32 on 4/15/2026).
  • Filing timeliness: Transaction date 2026-05-21; Form 4 filed 2026-05-26. This is beyond the typical two-business-day Form 4 filing window and is therefore late (may reduce near-term transparency).

Context

  • RSU awards are a form of equity compensation for directors and convert to shares when they vest; they are not an immediate purchase or sale of stock.
  • Because these are grants for director compensation, they are routine and do not, by themselves, indicate the director is buying or selling stock for personal investment reasons. Monitor future filings for vesting events or subsequent sales if you want to track possible insider buying/selling.