PG&E Corp·4

May 26, 4:40 PM ET

Cooper Kerry Whorton 4

4 · PG&E Corp · Filed May 26, 2026

Research Summary

AI-generated summary of this filing

Updated

PG&E (PCG) Director Cooper Kerry Whorton Receives RSU Award

What Happened

  • Cooper Kerry Whorton, a director of PG&E Corporation (PCG), received a grant of 17,639 restricted stock units (RSUs) on May 21, 2026. The Form 4 reports an acquisition price of $0 for the award (common for RSU grants that are not purchased).
  • These RSUs are payable one-for-one in PG&E common shares when they vest. The filing notes an additional 72.80 RSUs were acquired earlier (April 15, 2026) via a dividend reinvestment feature and are reflected in the total.

Key Details

  • Transaction date: 2026-05-21 (Grant/Award, code A)
  • Shares/units granted: 17,639 RSUs (plus prior 72.80 RSUs from dividend reinvestment on 2026-04-15)
  • Reported acquisition price: $0.00 per share on the Form 4
  • Shares owned after transaction: Not specified in the provided filing excerpt
  • Vesting and plan terms (per footnote): RSUs vest on the earliest of one year from grant, the last day of the director’s elected term, director’s death/disability, certain change-in-control events, or if an acquiror does not assume/substitute the award (PG&E 2021 LTIP)
  • Filing timeliness: Form filed 2026-05-26 for a 2026-05-21 grant — appears to have been filed one business day after the standard two-business-day Form 4 deadline

Context

  • This is an awarded grant of RSUs to a non-employee director, not an open-market purchase or sale. Such awards are typically routine compensation for board service and do not by themselves indicate the director’s personal buying/selling sentiment.
  • RSU grants are settled in shares upon vesting; no immediate market sale or cashless exercise is indicated in this filing.

Insider Transaction Report

Form 4
Period: 2026-05-21
Transactions
  • Award

    Common Stock

    [F1][F2]
    2026-05-21+17,63990,852.58 total
Footnotes (2)
  • [F1]Restricted Stock Units (RSUs) granted under the PG&E Corporation 2021 Long Term Incentive Plan (LTIP). RSUs are payable in shares of PG&E Corporation common stock on a one-for-one basis. As described in the LTIP, RSUs vest upon the earliest of one year from the date of grant; the last day of a director's elected term; a director's death, disability, or termination following a change in control; or a change in control in which the acquiror does not assume, continue, or substitute the award.
  • [F2]This total reflects the acquisition of 72.80 RSUs on 4/15/2026 pursuant to a dividend reinvestment feature of the PG&E Corporation 2021 LTIP.
Signature
/s/ Koyo Konishi, attorney-in-fact for Kerry Whorton Cooper (signed power of attorney on file with SEC)|2026-05-26

Documents

1 file
  • 4
    wk-form4_1779828028.xmlPrimary

    FORM 4