Cannizzaro Edward G 4

What Happened

• Edward G. Cannizzaro, a director of PG&E Corporation (PCG), received a grant of 10,948 restricted stock units (RSUs) on 2026-05-21. The award is reported at $0.00 per share (an equity grant rather than a market purchase or sale). RSUs convert one-for-one into PG&E common shares when they vest.

Key Details

• Transaction date: 2026-05-21; Transaction type: Award/Grant (code A); Shares granted: 10,948; Price reported: $0.00; Reported value: $0 (reflects grant accounting, not market value).
• Vesting: RSUs granted under the PG&E Corporation 2021 Long Term Incentive Plan (LTIP). They vest upon the earliest of: one year from grant date; the last day of the director’s elected term; the director’s death or disability; termination following a change in control; or a change in control where the acquiror does not assume/substitute the award.
• Additional detail: The filing notes prior fractional RSU acquisitions via a dividend reinvestment feature — 59.97 RSUs on 7/15/2025, 46.83 RSUs on 10/15/2025, 99.14 RSUs on 1/15/2026, and 90.25 RSUs on 4/15/2026 — which are reflected in the reported totals.
• Shares owned after the transaction: Not specified in the information provided.

Context

• This was an equity award (grant of RSUs), not a purchase or sale. RSUs typically indicate future share delivery contingent on vesting rules and do not represent immediate cash received or shares sold.
• For retail investors, awards to directors are routine compensation and should be considered alongside other insider transactions and company fundamentals. The filing does not state whether it was filed late.