Santos Marlene 4

What Happened

• Marlene Santos, Executive Vice President, Enterprise Transformation at PG&E Corp (PCG), sold 158,250 shares in an open-market transaction on July 22, 2026. The reported weighted-average price was $18.00 per share, resulting in gross proceeds of approximately $2,848,500. This was a sale (not a purchase) and appears to be part of routine disposition activity.

Key Details

• Transaction date: 2026-07-22; filing date: 2026-07-24 (filed two days after the trade).
• Price: weighted-average $18.00 per share; individual trades ranged from $18.00 to $18.01 (see footnote).
• Shares sold: 158,250; gross proceeds ≈ $2,848,500.
• Shares owned after transaction: not specified in the information provided here.
• Footnotes: Transaction executed pursuant to a Rule 10b5-1 trading plan adopted 2026-03-11. Weighted-average price used; reporting person offers to provide detailed per-price breakdown on request.

Context

• Because the sale was executed under a pre-established 10b5-1 plan, it was likely pre-arranged and not necessarily a reflection of immediate management sentiment. Sales are routine insider activity; purchases generally carry stronger signals for bullish insider conviction.