PCGPG&E Corp

Insider trades (Form 4)

Directors, top managers and anyone owning more than 10% of a company must report every time they buy, sell or receive its shares, within two business days, on a Form 4. Here is what PG&E's insiders did over the last year, and what each kind of trade means.

Bought on the open market$91.5K1 trade by 1 person

Sold on the open market$3.5M5 trades by 4 people

Sales that were planned ahead100%made under a pre-set trading plan (Rule 10b5-1)

Filings read30the newest 30 of 65 in the last year

Buying and selling, month by month

Open-market trades only, by value. Tap a month.

DecJanFebMarAprMayJunJulAugSepOctNov

■ above the line: bought · ■ below: sold

Who traded

Person and role	Bought	Sold	Shares held after
Marlene SantosEVP, Enterprise Transformation	–	$2.8M	230.9K
Carla J PetermanPresident, EVP Cust&Corp Afrs	–	$530.2K	163.3K
John O LarsenDirector	$91.5K	–	36.7K
William Craig FugateDirector	–	$89.4K	73.5K
Kerry Whorton CooperDirector	–	$43.1K	88.5K
Alejandro T VallejoEVP, Chief People Officer	–	–	69.1K
III Mark E FergusonDirector	–	–	20.8K
Edward G CannizzaroDirector	–	–	42.4K
Rajat BahriDirector	–	–	83.2K
Cheryl F. CampbellDirector	–	–	85.6K
Jessica DenecourDirector	–	–	81.7K
Benjamin Francis WilsonDirector	–	–	80.6K
William Lloyd SmithDirector	–	–	253.4K
Carlos M HernandezDirector	–	–	57.3K
Arno Lockheart HarrisDirector	–	–	80.0K
Leo P DenaultDirector	–	–	27.9K

Every trade (32)

Oct 28, 2026Shares kept back to pay taxAlejandro T Vallejo · EVP, Chief People OfficerWhen share pay vests, the company keeps some shares to cover the tax bill. Not a decision to sell. Form 4−1,029 sharesat $12.96 = $13.3Kowns 69,114 after
Oct 23, 2026Received shares or options as payAlejandro T Vallejo · EVP, Chief People OfficerA grant from the company as part of their pay, not a purchase. (Phantom Stock) Form 4+586.27 unitsat $12.63owns 36,250.53 after
Sep 30, 2026Received shares or options as payLeo P Denault · DirectorA grant from the company as part of their pay, not a purchase. (Phantom Stock) Form 4+2,653.06 unitsat $12.25owns 13,654.55 after
Sep 30, 2026Bought shares on the open marketJohn O Larsen · DirectorThey paid their own money at the market price. People often watch these most closely. Form 4+7,500 sharesat $12.20 = $91.5Kowns 36,685.19 after
Sep 23, 2026Received shares or options as payAlejandro T Vallejo · EVP, Chief People OfficerA grant from the company as part of their pay, not a purchase. (Phantom Stock) Form 4+596.66 unitsat $12.41owns 35,527.2 after
Sep 4, 2026Sold shares on the open marketPlanned aheadWilliam Craig Fugate · DirectorInsiders sell for many reasons: paying taxes, buying a house, spreading their savings. Many sales are planned months ahead. Form 4−6,500 sharesat $13.76 = $89.4Kowns 73,530.26 after
Aug 21, 2026Received shares or options as payAlejandro T Vallejo · EVP, Chief People OfficerA grant from the company as part of their pay, not a purchase. (Phantom Stock) Form 4+420.71 unitsat $17.60owns 34,930.54 after
Aug 1, 2026Received shares or options as payAlejandro T Vallejo · EVP, Chief People OfficerA grant from the company as part of their pay, not a purchase. Form 4+11,240 sharesno price (not a sale)owns 75,229 after
Aug 1, 2026Shares kept back to pay taxAlejandro T Vallejo · EVP, Chief People OfficerWhen share pay vests, the company keeps some shares to cover the tax bill. Not a decision to sell. Form 4−5,086 sharesat $17.38 = $88.4Kowns 70,143 after
Jul 23, 2026Received shares or options as payAlejandro T Vallejo · EVP, Chief People OfficerA grant from the company as part of their pay, not a purchase. (Phantom Stock) Form 4+422.15 unitsat $17.54owns 34,509.82 after
Jul 22, 2026Sold shares on the open marketPlanned aheadKerry Whorton Cooper · DirectorInsiders sell for many reasons: paying taxes, buying a house, spreading their savings. Many sales are planned months ahead. Form 4−1,250 sharesat $18.00 = $22.5Kowns 88,475.45 after
Jul 22, 2026Sold shares on the open marketPlanned aheadMarlene Santos · EVP, Enterprise TransformationInsiders sell for many reasons: paying taxes, buying a house, spreading their savings. Many sales are planned months ahead. Form 4−158,250 sharesat $18.00 = $2.8Mowns 230,885 after
Jun 30, 2026Received shares or options as payLeo P Denault · DirectorA grant from the company as part of their pay, not a purchase. (Phantom Stock) Form 4+1,932.22 unitsat $16.82owns 10,970.16 after
Jun 23, 2026Received shares or options as payAlejandro T Vallejo · EVP, Chief People OfficerA grant from the company as part of their pay, not a purchase. (Phantom Stock) Form 4+441.54 unitsat $16.77owns 33,990.61 after
Jun 15, 2026Sold shares on the open marketPlanned aheadCarla J Peterman · President, EVP Cust&Corp AfrsInsiders sell for many reasons: paying taxes, buying a house, spreading their savings. Many sales are planned months ahead. Form 4−31,786 sharesat $16.68 = $530.2Kowns 163,305 after
Jun 5, 2026Gave shares away (gift)III Mark E Ferguson · DirectorA gift, often to family or charity. No money changes hands. Form 4−10,675.16 sharesno price (not a sale)owns 20,755.99 after
Jun 5, 2026Gave shares away (gift)Held indirectly (trust, family…)III Mark E Ferguson · DirectorA gift, often to family or charity. No money changes hands. Form 4+10,675.16 sharesno price (not a sale)owns 10,675.16 after
Jun 2, 2026Sold shares on the open marketPlanned aheadKerry Whorton Cooper · DirectorInsiders sell for many reasons: paying taxes, buying a house, spreading their savings. Many sales are planned months ahead. Form 4−1,250 sharesat $16.50 = $20.6Kowns 89,602.58 after
May 22, 2026Received shares or options as payAlejandro T Vallejo · EVP, Chief People OfficerA grant from the company as part of their pay, not a purchase. (Phantom Stock) Form 4+449.03 unitsat $16.49owns 33,549.07 after
May 21, 2026Received shares or options as payKerry Whorton Cooper · DirectorA grant from the company as part of their pay, not a purchase. Form 4+17,639 sharesno price (not a sale)owns 90,852.58 after
May 21, 2026Received shares or options as payEdward G Cannizzaro · DirectorA grant from the company as part of their pay, not a purchase. Form 4+10,948 sharesno price (not a sale)owns 42,427.29 after
May 21, 2026Received shares or options as payRajat Bahri · DirectorA grant from the company as part of their pay, not a purchase. Form 4+10,948 sharesno price (not a sale)owns 83,169 after
May 21, 2026Received shares or options as payCheryl F. Campbell · DirectorA grant from the company as part of their pay, not a purchase. Form 4+10,948 sharesno price (not a sale)owns 85,596.44 after
May 21, 2026Received shares or options as payJessica Denecour · DirectorA grant from the company as part of their pay, not a purchase. Form 4+10,948 sharesno price (not a sale)owns 81,714.68 after
May 21, 2026Received shares or options as payBenjamin Francis Wilson · DirectorA grant from the company as part of their pay, not a purchase. Form 4+10,948 sharesno price (not a sale)owns 80,598.98 after
May 21, 2026Received shares or options as payWilliam Lloyd Smith · DirectorA grant from the company as part of their pay, not a purchase. Form 4+10,948 sharesno price (not a sale)owns 253,410 after
May 21, 2026Received shares or options as payJohn O Larsen · DirectorA grant from the company as part of their pay, not a purchase. Form 4+10,948 sharesno price (not a sale)owns 29,123.45 after
May 21, 2026Received shares or options as payCarlos M Hernandez · DirectorA grant from the company as part of their pay, not a purchase. Form 4+10,948 sharesno price (not a sale)owns 57,270.96 after
May 21, 2026Received shares or options as payArno Lockheart Harris · DirectorA grant from the company as part of their pay, not a purchase. Form 4+10,948 sharesno price (not a sale)owns 79,999 after
May 21, 2026Received shares or options as payWilliam Craig Fugate · DirectorA grant from the company as part of their pay, not a purchase. Form 4+10,948 sharesno price (not a sale)owns 79,999 after
May 21, 2026Received shares or options as payIII Mark E Ferguson · DirectorA grant from the company as part of their pay, not a purchase. Form 4+10,948 sharesno price (not a sale)owns 31,431.15 after
May 21, 2026Received shares or options as payLeo P Denault · DirectorA grant from the company as part of their pay, not a purchase. Form 4+10,948 sharesno price (not a sale)owns 27,923.45 after

Read straight from the Form 4 filings PG&E's directors, top managers and large owners sent to the SEC. Insiders sell for many reasons: taxes, diversifying, planned sales. Buying with their own money is rarer. None of this says whether to buy or sell the shares.

Finding insider trades…Reading each Form 4…Adding them up…

Who traded

Person and role	Bought	Sold	Shares held after
Marlene SantosEVP, Enterprise Transformation	–	$2.8M	230.9K
Carla J PetermanPresident, EVP Cust&Corp Afrs	–	$530.2K	163.3K
John O LarsenDirector	$91.5K	–	36.7K
William Craig FugateDirector	–	$89.4K	73.5K
Kerry Whorton CooperDirector	–	$43.1K	88.5K
Alejandro T VallejoEVP, Chief People Officer	–	–	69.1K
III Mark E FergusonDirector	–	–	20.8K
Edward G CannizzaroDirector	–	–	42.4K
Rajat BahriDirector	–	–	83.2K
Cheryl F. CampbellDirector	–	–	85.6K
Jessica DenecourDirector	–	–	81.7K
Benjamin Francis WilsonDirector	–	–	80.6K
William Lloyd SmithDirector	–	–	253.4K
Carlos M HernandezDirector	–	–	57.3K
Arno Lockheart HarrisDirector	–	–	80.0K
Leo P DenaultDirector	–	–	27.9K