Form 4: PG&E Corp EVP and CFO Carolyn Burke Reports Stock Forfeiture for Tax Obligations

Carolyn Burke, EVP and CFO of PG&E Corp, reported the forfeiture of 4,974 shares of common stock to cover tax withholding obligations related to vesting restricted stock units on March 16, 2025.

Summary

• On March 16, 2025, Carolyn Burke, the EVP and CFO of PG&E Corp, reported a transaction involving the forfeiture of company stock.
• A total of 4,974 shares of common stock were forfeited.
• The forfeiture was to satisfy tax withholding obligations associated with the vesting of restricted stock units.
• The price per share for the transaction was $16.78.
• Following the transaction, Burke directly owns 48,004 shares of PG&E Corp common stock.

Sentiment

Score: 5

Explanation: This is a neutral event. It's a standard procedure for covering tax obligations related to stock vesting, and doesn't inherently indicate positive or negative sentiment about the company's performance.

Industry Context

Form 4 filings are standard disclosures required by the SEC when company insiders, like the CFO, engage in transactions involving the company's securities. This filing indicates a routine transaction related to tax obligations from vested equity.

Key Dates