Form 4: PG&E Corp Executive Kaled Awada Reports Stock Transaction
SEC Form 4 Filing
EVP, Chief People Officer of PG&E Corp, Kaled Awada, reports the forfeiture of 12,287 common stock shares to cover tax obligations related to vesting restricted stock units on February 27, 2025.
Summary
- On February 27, 2025, Kaled Awada, EVP, Chief People Officer of PG&E Corp, forfeited 12,287 shares of common stock.
- The shares were forfeited to satisfy tax withholding obligations related to the vesting of restricted stock units.
- The price per share was $16.04.
- Following the transaction, Awada directly owns 48,001 shares of PG&E Corp common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine transaction related to executive compensation. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of executive compensation and provide transparency into insider transactions. This transaction is related to tax obligations from vesting restricted stock units, a common form of executive compensation.
Stakeholder Impact
- The transaction has a minimal direct impact on shareholders as it is a standard procedure for covering tax obligations on vested stock.
Key Dates
| Date | Description |
|---|---|
| 02/27/2025 | Date of stock forfeiture transaction. |
| 02/28/2025 | Date of signature on the report. |
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