Form 4: PG&E Executive Sells Shares Amid Domestic Order
Insider Transaction Report
PG&E Corp's EVP, EPS, Jason M. Glickman, reported the sale of 29,473 shares of common stock, largely due to a domestic relations order.
Summary
- Jason M. Glickman, Executive Vice President, Electric Operations at PG&E Company, reported a transaction involving PG&E Corp common stock.
- On October 30, 2025, Glickman disposed of 29,473 shares of common stock.
- The shares were sold at a weighted average price of $15.95 per share, with prices ranging from $15.94 to $15.95.
- Following this transaction, Glickman's direct beneficial ownership stands at 89,179 shares.
- A significant portion of the change in beneficial ownership, specifically 29,472 shares, was due to a transfer to his ex-spouse pursuant to a domestic relations order.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the reported stock disposition is primarily attributed to a domestic relations order, a personal legal event, rather than a discretionary sale based on the executive's view of the company's prospects.
Future Outlook
This Form 4 filing is a disclosure of an insider transaction and does not contain any forward-looking statements or guidance regarding the company's future outlook.
Management Comments
- The reporting person undertakes to provide full information regarding the number of shares sold at each separate price within the reported range upon request.
- Since the date of the last ownership report, 29,472 shares of PG&E Corporation common stock were transferred to the reporting person's ex-spouse pursuant to a domestic relations order, and these shares are no longer reported as beneficially owned.
Industry Context
This filing is a standard insider trading disclosure (Form 4) and reflects a specific transaction by an individual executive. It does not provide information related to broader industry trends or competitive landscape.
Legal Proceedings
- A transfer of 29,472 shares to the reporting person's ex-spouse occurred pursuant to a domestic relations order.
Stakeholder Impact
- Shareholders: A minor reduction in insider ownership, but the reason (domestic relations order) suggests it is not a signal of management's confidence in the company's future.
Key Dates
| Date | Description |
|---|---|
| 10/30/2025 | Date of common stock transaction (sale). |
| 11/03/2025 | Date the Form 4 was signed and filed. |
Keywords
PG&E, PCG, Insider Transaction, Form 4, Stock Sale, Executive Ownership, Domestic Relations Order
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