Campbell Cheryl F. 4

What Happened
Cheryl F. Campbell, a director of PG&E Corporation, was granted 10,948 restricted stock units (RSUs) on May 21, 2026. The RSUs were awarded at $0.00 per unit (standard for RSU grants), so there was no cash purchase; the reported acquisition value at grant is $0. RSUs convert one-for-one into PG&E common shares when payable under the plan.

Key Details

• Transaction date: 2026-05-21; reported on Form 4 filed 2026-05-26 (filed within the 2-business-day SEC window given the May 25 holiday).
• Transaction type: Grant/Award (code A); price reported $0.00; amount: 10,948 RSUs.
• Shares owned after transaction: Not specified in the provided excerpt of the filing.
• Footnote F1: RSUs were granted under the PG&E Corporation 2021 Long Term Incentive Plan. RSUs pay one share per unit and vest on the earliest of: one year from grant, the last day of the director’s elected term, director death/disability, termination following a change in control, or a change in control where awards are not assumed.
• Footnote F2: The total reflects prior small RSU acquisitions via a dividend reinvestment feature (39.02 RSUs on 7/15/2025; 30.47 RSUs on 10/15/2025; 64.51 RSUs on 1/15/2026; 58.73 RSUs on 4/15/2026).

Context
This was an equity award, not an open‑market purchase or sale. RSU grants are a common form of compensation for directors and typically vest over time or upon certain corporate events; they do not represent an immediate cash outlay by the insider and may not indicate short‑term trading intent. The filing appears timely given the SEC’s two-business-day rule and the May 25 federal holiday.