Form 4: PG&E Director Cheryl F. Campbell Reports Acquisition of Common Stock and Restricted Stock Units

Director Cheryl F. Campbell reports acquisition of PG&E Corp common stock and restricted stock units (RSUs) through a recent transaction and dividend reinvestment.

Summary

• On May 17, 2024, Cheryl F. Campbell, a director of PG&E Corp, reported acquiring 9,677 shares of common stock.
• These shares were acquired at a price of $0.
• Campbell also owns 63,843 shares of common stock following the reported transactions.
• Additionally, Campbell was granted Restricted Stock Units (RSUs) under the PG&E Corporation 2021 Long Term Incentive Plan (LTIP).
• The RSUs are payable in shares of PG&E Corporation common stock on a one-for-one basis and vest under certain conditions.
• Campbell also acquired 6.33 RSUs on 1/15/24 and 6.66 RSUs on 4/15/24 pursuant to a dividend reinvestment feature of the LTIP.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the document is a standard regulatory filing reporting transactions by a company director. It doesn't inherently indicate positive or negative sentiment.

Positives

• The acquisition of shares by a director could be interpreted as a positive signal about the director's confidence in the company's future prospects.

Industry Context

Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their transactions in the company's securities. This filing is typical for directors receiving stock or RSUs as part of their compensation.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the transactions of company insiders.

Key Dates