Form 4: PG&E Director Mark E. Ferguson III Reports Changes in Beneficial Ownership

Director Mark E. Ferguson III reports acquisition and disposal of PG&E Corp common stock and Restricted Stock Units (RSUs).

Summary

• On May 17, 2024, Mark E. Ferguson III, a director of PG&E Corp, reported changes in beneficial ownership of the company's securities.
• Ferguson acquired 9,677 shares of common stock.
• Ferguson also disposed of an unspecified amount of common stock.
• Following the reported transactions, Ferguson beneficially owns 58,339 shares of PG&E Corp common stock.
• The transactions involved Restricted Stock Units (RSUs) granted under the PG&E Corporation 2021 Long Term Incentive Plan (LTIP).
• RSUs are payable in shares of PG&E Corporation common stock on a one-for-one basis and vest under certain conditions.
• Ferguson 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: This is a neutral regulatory filing. It simply reports transactions and doesn't inherently indicate positive or negative sentiment.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, which is a common practice for publicly traded companies. It provides transparency to investors regarding the actions of company leadership.

Stakeholder Impact

• The filing provides transparency to shareholders regarding insider transactions.
• The transactions themselves may have a negligible impact on the company's operations or financial condition.

Key Dates