[Form 4] PG&E Corporation Insider Trading Activity
PG&E Corporation (PCG) insider filing: Kaled Awada, EVP and Chief People Officer, reported acquisition of 11,761.8 units of phantom stock on 03/14/2025. Each unit is the economic equivalent of one share of common stock and the filing shows a price of $16.78 per underlying share. The phantom stock becomes payable in cash upon the reporting person鈥檚 termination of service, and may be transferred into an alternative investment account at any time. The filing states these units were acquired via deferral of compensation under the PG&E Corporation 2005 Supplemental Retirement Savings Plan and credits under the Defined Contribution Executive Supplemental Retirement Plan. The total beneficial ownership reported after the transaction is 11,801.59 units, which includes additional dividend reinvestment credits of 17.14 units (4/15/2025) and 22.65 units (7/15/2025). The form is signed by an attorney-in-fact.
PG&E Corporation (PCG) comunicazione insider: Kaled Awada, EVP e Chief People Officer, ha riportato l'acquisizione di 11.761,8 unit脿 di phantom stock in data 14/03/2025. Ciascuna unit脿 corrisponde economicamente a una azione ordinaria e la comunicazione indica un prezzo di $16,78 per azione sottostante. La phantom stock sar脿 pagabile in contanti al termine del rapporto di lavoro della persona segnalata e pu貌 essere trasferita in qualsiasi momento in un conto di investimento alternativo. La comunicazione dichiara che queste unit脿 sono state acquisite tramite differimento della retribuzione ai sensi del PG&E Corporation 2005 Supplemental Retirement Savings Plan e tramite accrediti ai sensi del Defined Contribution Executive Supplemental Retirement Plan. La propriet脿 effettiva totale riportata dopo la transazione 猫 di 11.801,59 unit脿, che include ulteriori accrediti da reinvestimento dei dividendi pari a 17,14 unit脿 (15/04/2025) e 22,65 unit脿 (15/07/2025). Il modulo 猫 firmato da un procuratore legale.
PG&E Corporation (PCG) declaraci贸n de insider: Kaled Awada, EVP y Chief People Officer, inform贸 la adquisici贸n de 11.761,8 unidades de phantom stock el 14/03/2025. Cada unidad equivale econ贸micamente a una acci贸n ordinaria y la declaraci贸n muestra un precio de $16,78 por acci贸n subyacente. La phantom stock se pagar谩 en efectivo al t茅rmino del servicio de la persona informante y puede transferirse en cualquier momento a una cuenta de inversi贸n alternativa. La declaraci贸n indica que estas unidades se adquirieron mediante diferimiento de compensaci贸n conforme al PG&E Corporation 2005 Supplemental Retirement Savings Plan y cr茅ditos bajo el Defined Contribution Executive Supplemental Retirement Plan. La propiedad beneficiaria total reportada despu茅s de la transacci贸n es de 11.801,59 unidades, que incluye cr茅ditos adicionales por reinversi贸n de dividendos de 17,14 unidades (15/04/2025) y 22,65 unidades (15/07/2025). El formulario est谩 firmado por un apoderado.
PG&E Corporation (PCG) 雮措秬鞛� 鞁犼碃: Kaled Awada(鞝勲 瓴� 鞚胳偓齑濌磩毂呾瀯鞛�)電� 2025-03-14鞐� 11,761.8 雼渼鞚� 韺厐 鞀ろ啞鞚� 旆摑頄堧嫟瓿� 鞁犼碃頄堨姷雼堧嫟. 臧� 雼渼電� 氤错喌欤� 1欤检棎 頃措嫻頃橂姅 瓴届牅鞝� 臧�旃橂ゼ 臧�歆�氅�, 鞁犼碃靹滌棎電� 旮办磮 欤茧嫻 臧�瓴╈澊 $16.78搿� 旮办灛霅橃柎 鞛堨姷雼堧嫟. 韺厐 鞀ろ啞鞚� 鞁犼碃鞚胳潣 攴茧 膦呺 鞁� 順勱笀鞙茧 歆�旮夒悩氅� 鞏胳牅霌犾 雽�觳� 韴瀽 瓿勳爼鞙茧 鞚挫爠頃� 靾� 鞛堨姷雼堧嫟. 頃措嫻 雼渼霌れ潃 PG&E Corporation 2005 Supplemental Retirement Savings Plan鞐� 霐半ジ 氤挫垬 鞚挫棸瓿� Defined Contribution Executive Supplemental Retirement Plan鞐� 霐半ジ 韥爤霐ъ潉 韱淀暣 旆摑霅橃棃雼り碃 鞁犼碃靹滌棎 氇呾嫓霅橃柎 鞛堨姷雼堧嫟. 瓯半灅 頉� 氤搓碃霅� 齑� 鞁れ 靻岇湢電� 11,801.59 雼渼搿�, 鞐赴鞐愲姅 氚半嫻 鞛埇鞛� 韥爤霐� 17.14 雼渼(2025-04-15)鞕� 22.65 雼渼(2025-07-15)臧� 韽暔霅╇媹雼�. 鞏戩嫕鞚� 氤�順胳偓 雽�毽澑鞚� 靹滊獏頄堨姷雼堧嫟.
D茅claration d'initi茅 de PG&E Corporation (PCG) : Kaled Awada, EVP et Chief People Officer, a d茅clar茅 l'acquisition de 11鈥�761,8 unit茅s de phantom stock le 14/03/2025. Chaque unit茅 茅quivaut 茅conomiquement 脿 une action ordinaire et la d茅claration indique un prix de 16,78 $ par action sous-jacente. La phantom stock sera payable en esp猫ces lors de la cessation de fonction de la personne d茅clar茅e et peut 锚tre transf茅r茅e 脿 tout moment sur un compte d'investissement alternatif. La d茅claration pr茅cise que ces unit茅s ont 茅t茅 acquises par report de r茅mun茅ration dans le cadre du PG&E Corporation 2005 Supplemental Retirement Savings Plan et par des cr茅dits du Defined Contribution Executive Supplemental Retirement Plan. La propri茅t茅 b茅n茅ficiaire totale rapport茅e apr猫s la transaction est de 11鈥�801,59 unit茅s, incluant des cr茅dits suppl茅mentaires de r茅investissement de dividendes de 17,14 unit茅s (15/04/2025) et 22,65 unit茅s (15/07/2025). Le formulaire est sign茅 par un mandataire.
PG&E Corporation (PCG) Insider-Meldung: Kaled Awada, EVP und Chief People Officer, meldete den Erwerb von 11.761,8 Einheiten von Phantom-Aktien am 14.03.2025. Jede Einheit entspricht wirtschaftlich einer Stammaktie, und in der Meldung wird ein Preis von $16,78 je zugrunde liegender Aktie angegeben. Die Phantom-Aktien werden bei Beendigung des Dienstverh盲ltnisses der meldepflichtigen Person in bar ausgezahlt und k枚nnen jederzeit in ein alternatives Anlagekonto 眉bertragen werden. In der Meldung hei脽t es, diese Einheiten seien durch Verg眉tungsaufschub im Rahmen des PG&E Corporation 2005 Supplemental Retirement Savings Plan sowie durch Gut颅schriften im Defined Contribution Executive Supplemental Retirement Plan erworben worden. Das nach der Transaktion gemeldete Gesamteigentum betr盲gt 11.801,59 Einheiten, einschlie脽lich zus盲tzlicher Dividenden-Reinvestitionsgutschriften von 17,14 Einheiten (15.04.2025) und 22,65 Einheiten (15.07.2025). Das Formular ist von einem Bevollm盲chtigten unterzeichnet.
- Clear disclosure of 11,761.8 phantom stock units and the economic equivalence to common stock
- Identifies source of units as compensation deferral and plan credits under named PG&E plans
- Includes dividend reinvestment details adding 17.14 and 22.65 units to the total, reaching 11,801.59 units
- None.
Insights
TL;DR: Reporting officer acquired deferred compensation in the form of 11,761.8 phantom stock units that mirror common shares and pay out in cash on termination.
This Form 4 documents receipt of phantom stock units resulting from compensation deferral and plan credits. Phantom units are described as economic equivalents of common shares and are payable in cash following termination of service, indicating these are non-equity, deferred cash-settled awards. The filing also notes dividend reinvestment credits added later, bringing the reported total to 11,801.59 units. For executive compensation analysis, these entries reflect use of supplemental retirement plans rather than open-market purchases or stock option exercises.
TL;DR: The disclosure is a routine Section 16 filing showing plan-based credits and deferrals, not a market transaction by the officer.
The Form 4 indicates the reporting person is an officer (EVP, Chief People Officer) and the transaction codes and explanations identify plan-based deferred compensation and plan credits as the source of the phantom stock. The filing includes specific unit counts, an explicit conversion equivalence to common stock, and subsequent dividend reinvestment additions. Documentation appears complete with a signed power of attorney on file. This is a procedural disclosure of compensation-related holdings rather than a trade for cash or stock on the open market.
PG&E Corporation (PCG) comunicazione insider: Kaled Awada, EVP e Chief People Officer, ha riportato l'acquisizione di 11.761,8 unit脿 di phantom stock in data 14/03/2025. Ciascuna unit脿 corrisponde economicamente a una azione ordinaria e la comunicazione indica un prezzo di $16,78 per azione sottostante. La phantom stock sar脿 pagabile in contanti al termine del rapporto di lavoro della persona segnalata e pu貌 essere trasferita in qualsiasi momento in un conto di investimento alternativo. La comunicazione dichiara che queste unit脿 sono state acquisite tramite differimento della retribuzione ai sensi del PG&E Corporation 2005 Supplemental Retirement Savings Plan e tramite accrediti ai sensi del Defined Contribution Executive Supplemental Retirement Plan. La propriet脿 effettiva totale riportata dopo la transazione 猫 di 11.801,59 unit脿, che include ulteriori accrediti da reinvestimento dei dividendi pari a 17,14 unit脿 (15/04/2025) e 22,65 unit脿 (15/07/2025). Il modulo 猫 firmato da un procuratore legale.
PG&E Corporation (PCG) declaraci贸n de insider: Kaled Awada, EVP y Chief People Officer, inform贸 la adquisici贸n de 11.761,8 unidades de phantom stock el 14/03/2025. Cada unidad equivale econ贸micamente a una acci贸n ordinaria y la declaraci贸n muestra un precio de $16,78 por acci贸n subyacente. La phantom stock se pagar谩 en efectivo al t茅rmino del servicio de la persona informante y puede transferirse en cualquier momento a una cuenta de inversi贸n alternativa. La declaraci贸n indica que estas unidades se adquirieron mediante diferimiento de compensaci贸n conforme al PG&E Corporation 2005 Supplemental Retirement Savings Plan y cr茅ditos bajo el Defined Contribution Executive Supplemental Retirement Plan. La propiedad beneficiaria total reportada despu茅s de la transacci贸n es de 11.801,59 unidades, que incluye cr茅ditos adicionales por reinversi贸n de dividendos de 17,14 unidades (15/04/2025) y 22,65 unidades (15/07/2025). El formulario est谩 firmado por un apoderado.
PG&E Corporation (PCG) 雮措秬鞛� 鞁犼碃: Kaled Awada(鞝勲 瓴� 鞚胳偓齑濌磩毂呾瀯鞛�)電� 2025-03-14鞐� 11,761.8 雼渼鞚� 韺厐 鞀ろ啞鞚� 旆摑頄堧嫟瓿� 鞁犼碃頄堨姷雼堧嫟. 臧� 雼渼電� 氤错喌欤� 1欤检棎 頃措嫻頃橂姅 瓴届牅鞝� 臧�旃橂ゼ 臧�歆�氅�, 鞁犼碃靹滌棎電� 旮办磮 欤茧嫻 臧�瓴╈澊 $16.78搿� 旮办灛霅橃柎 鞛堨姷雼堧嫟. 韺厐 鞀ろ啞鞚� 鞁犼碃鞚胳潣 攴茧 膦呺 鞁� 順勱笀鞙茧 歆�旮夒悩氅� 鞏胳牅霌犾 雽�觳� 韴瀽 瓿勳爼鞙茧 鞚挫爠頃� 靾� 鞛堨姷雼堧嫟. 頃措嫻 雼渼霌れ潃 PG&E Corporation 2005 Supplemental Retirement Savings Plan鞐� 霐半ジ 氤挫垬 鞚挫棸瓿� Defined Contribution Executive Supplemental Retirement Plan鞐� 霐半ジ 韥爤霐ъ潉 韱淀暣 旆摑霅橃棃雼り碃 鞁犼碃靹滌棎 氇呾嫓霅橃柎 鞛堨姷雼堧嫟. 瓯半灅 頉� 氤搓碃霅� 齑� 鞁れ 靻岇湢電� 11,801.59 雼渼搿�, 鞐赴鞐愲姅 氚半嫻 鞛埇鞛� 韥爤霐� 17.14 雼渼(2025-04-15)鞕� 22.65 雼渼(2025-07-15)臧� 韽暔霅╇媹雼�. 鞏戩嫕鞚� 氤�順胳偓 雽�毽澑鞚� 靹滊獏頄堨姷雼堧嫟.
D茅claration d'initi茅 de PG&E Corporation (PCG) : Kaled Awada, EVP et Chief People Officer, a d茅clar茅 l'acquisition de 11鈥�761,8 unit茅s de phantom stock le 14/03/2025. Chaque unit茅 茅quivaut 茅conomiquement 脿 une action ordinaire et la d茅claration indique un prix de 16,78 $ par action sous-jacente. La phantom stock sera payable en esp猫ces lors de la cessation de fonction de la personne d茅clar茅e et peut 锚tre transf茅r茅e 脿 tout moment sur un compte d'investissement alternatif. La d茅claration pr茅cise que ces unit茅s ont 茅t茅 acquises par report de r茅mun茅ration dans le cadre du PG&E Corporation 2005 Supplemental Retirement Savings Plan et par des cr茅dits du Defined Contribution Executive Supplemental Retirement Plan. La propri茅t茅 b茅n茅ficiaire totale rapport茅e apr猫s la transaction est de 11鈥�801,59 unit茅s, incluant des cr茅dits suppl茅mentaires de r茅investissement de dividendes de 17,14 unit茅s (15/04/2025) et 22,65 unit茅s (15/07/2025). Le formulaire est sign茅 par un mandataire.
PG&E Corporation (PCG) Insider-Meldung: Kaled Awada, EVP und Chief People Officer, meldete den Erwerb von 11.761,8 Einheiten von Phantom-Aktien am 14.03.2025. Jede Einheit entspricht wirtschaftlich einer Stammaktie, und in der Meldung wird ein Preis von $16,78 je zugrunde liegender Aktie angegeben. Die Phantom-Aktien werden bei Beendigung des Dienstverh盲ltnisses der meldepflichtigen Person in bar ausgezahlt und k枚nnen jederzeit in ein alternatives Anlagekonto 眉bertragen werden. In der Meldung hei脽t es, diese Einheiten seien durch Verg眉tungsaufschub im Rahmen des PG&E Corporation 2005 Supplemental Retirement Savings Plan sowie durch Gut颅schriften im Defined Contribution Executive Supplemental Retirement Plan erworben worden. Das nach der Transaktion gemeldete Gesamteigentum betr盲gt 11.801,59 Einheiten, einschlie脽lich zus盲tzlicher Dividenden-Reinvestitionsgutschriften von 17,14 Einheiten (15.04.2025) und 22,65 Einheiten (15.07.2025). Das Formular ist von einem Bevollm盲chtigten unterzeichnet.
FAQ
What transaction did Kaled Awada report on Form 4 for PCG?
What is the economic nature of the phantom stock reported on PCG Form 4?
How much was the reported price per underlying share?
Did the filing include subsequent adjustments to the phantom stock total?
What plans generated the phantom stock units for Mr. Awada?
Who signed the Form 4 and when?
