Form 4: PG&E Corp VP and Controller, Stephanie N. Williams, Executes Stock Sale Under 10b5-1 Plan

Stephanie N. Williams, VP and Controller of PG&E Corp, sold 38,601 shares of common stock at an average price of $18.32, pursuant to a pre-arranged trading plan.

Summary

• Stephanie N. Williams, VP and Controller of PG&E Corp, reported a transaction involving the sale of PG&E Corp common stock on August 15, 2024.
• The sale involved 38,601 shares at a weighted average price of $18.32 per share.
• The transaction was executed under a trading plan adopted on May 16, 2024, intended to comply with Rule 10b5-1(c).
• Following the transaction, Williams directly owns 19,114 shares of PG&E Corp common stock.
• Williams also indirectly owns 240.37 shares held by the Trustee of PG&E Corporation Retirement Savings Plan.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the transaction is a routine disclosure of a pre-planned stock sale by an officer. It doesn't inherently indicate positive or negative sentiment about the company's prospects.

Industry Context

Form 4 filings are standard disclosures required by the SEC when corporate insiders, like officers and directors, trade their company's stock. These filings are closely watched by investors for insights into management's perspective on the company's valuation and future prospects. The use of a 10b5-1 plan suggests the sale was pre-planned and not based on immediate market sentiment.

Key Dates