Form 4: Portland General Electric Director Boosts Stake with Share Acquisition
Insider Trading Report
Portland General Electric Director Michael A. Lewis acquired 3,873 shares of common stock at $40.02 per share, increasing his total beneficial ownership to 15,446 shares.
Summary
- Director Michael A. Lewis acquired 3,873 shares of Portland General Electric Co. common stock.
- The acquisition occurred on July 18, 2025, at a price of $40.02 per share.
- Following this transaction, Mr. Lewis beneficially owns a total of 15,446 shares of common stock.
Sentiment
Score: 8
Explanation: The acquisition of shares by a director indicates strong confidence in the company's valuation and future prospects, which is a positive signal for investors.
Positives
- A director, Michael A. Lewis, increased his stake in Portland General Electric Co. by acquiring 3,873 shares.
- The acquisition at $40.02 per share demonstrates confidence in the company's future prospects by an insider.
Future Outlook
The document, an SEC Form 4, reports a past transaction and does not provide forward-looking statements or guidance regarding the company's future outlook.
Industry Context
This Form 4 filing details an individual insider transaction and does not provide broader industry context or trends.
Related Party Transactions
- Director Michael A. Lewis acquired 3,873 shares of Portland General Electric Co. common stock from the open market.
Stakeholder Impact
- Shareholders: The acquisition of additional shares by a director may be viewed positively, signaling confidence in the company's future performance and potentially influencing investor sentiment.
Key Dates
| Date | Description |
|---|---|
| 07/18/2025 | Date of earliest transaction (acquisition of common stock by Director Michael A. Lewis). |
| 07/21/2025 | Signature date of the SEC Form 4 filing. |
Recommendation
buyKeywords
Portland General Electric, POR, Michael Lewis, Director, Insider Trading, Stock Acquisition, SEC Filing, Form 4
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