Form 4: Portland General Electric Director Acquires Shares Under Pre-Arranged Plan
Insider Transaction Report
Patricia Salas Pineda, a Director at Portland General Electric Co., acquired 3,873 shares of common stock at $40.02 per share under a Rule 10b5-1 plan, increasing her direct beneficial ownership to 12,193 shares.
Summary
- Patricia Salas Pineda, a Director of Portland General Electric Co. (POR), acquired 3,873 shares of common stock.
- The transaction occurred on July 18, 2025, at a price of $40.02 per share.
- This acquisition was made pursuant to a Rule 10b5-1(c) plan, indicating a pre-arranged purchase.
- Following this transaction, Ms. Pineda directly beneficially owns a total of 12,193 shares of Portland General Electric Co. common stock.
Sentiment
Score: 8
Explanation: The acquisition of shares by a director indicates strong insider confidence in the company's prospects, which is generally a positive signal for investors.
Positives
- A Director, Patricia Salas Pineda, acquired 3,873 shares of common stock, signaling confidence in the company's future prospects.
- The acquisition was made under a Rule 10b5-1(c) plan, indicating a pre-planned and systematic investment by an insider.
Future Outlook
NA
Industry Context
NA
Stakeholder Impact
- Shareholders may view the director's purchase as a positive signal of confidence in the company's future, potentially influencing investor sentiment and stock price.
Key Dates
| Date | Description |
|---|---|
| 07/18/2025 | Date of stock acquisition by Patricia Salas Pineda. |
| 07/21/2025 | Date the Form 4 filing was signed and submitted. |
Recommendation
buyKeywords
Portland General Electric, POR, SEC Form 4, Insider Trading, Stock Acquisition, Director, Patricia Salas Pineda, Rule 10b5-1, Common Stock
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