Form 4: PG&E Executive Jason Glickman Reports Share Transactions
SEC Form 4 Filing
EVP Jason Glickman reports acquisition of performance shares and subsequent disposal to cover tax obligations.
Summary
- On May 3, 2024, Jason Glickman, EVP, EPS at PG&E Company, acquired 152,401 shares of PG&E Corporation common stock related to vested performance shares.
- These performance shares were granted under the PG&E Corporation 2014 Long-Term Incentive Plan for the performance cycle ended December 31, 2023.
- On the same day, Glickman disposed of 83,495 shares to satisfy tax withholding obligations at a price of $17.53 per share.
- Following these transactions, Glickman beneficially owns 68,906 shares of PG&E Corporation common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing share transactions, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure of share transactions by a company executive, providing transparency to investors regarding insider activity.
Stakeholder Impact
- The transactions provide transparency to shareholders regarding executive compensation and share ownership.
Key Dates
| Date | Description |
|---|---|
| 12/31/2023 | End of the performance cycle for the 2014 Long-Term Incentive Plan. |
| 05/03/2024 | Date of acquisition and disposal of shares. |
| 05/07/2024 | Date of signature of the report. |
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