Stephanie N. Williams - Aug 15, 2024 Form 4 Insider Report for PG&E Corp (PCG)

Signature
/s/ J. Ellen Conti, attorney-in-fact for Stephanie N. Williams (signed Power of Attorney on file with SEC)
Stock symbol
PCG
Transactions as of
Aug 15, 2024
Transactions value $
-$707,170
Form type
4
Date filed
8/16/2024, 08:10 PM
Previous filing
Mar 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PCG Common Stock Sale -$707K -38.6K -66.88% $18.32 19.1K Aug 15, 2024 Direct F1, F2
holding PCG Common Stock 240 Aug 15, 2024 Held by Trustee of PG&E Corporation Retirement Savings Plan F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The reported transaction occurred pursuant to a trading plan intended to comply with Rule 10b5-1(c) and adopted on May 16, 2024.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $18.29 to $18.36, inclusive. The reporting person undertakes to provide to PG&E Corporation, any security holder of PG&E Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (2) to this Form 4.
F3 Represents the approximate number of shares of PG&E Corporation common stock held for the Reporting Person in the PG&E Corporation Stock Fund of the PG&E Corporation Retirement Savings Plan (RSP). That fund holds units consisting of PG&E Corporation common stock and a small short-term investments component. The number of shares is computed by dividing the value of the units by the daily closing price. Dividends are automatically invested in additional units at the election of the participant. These holdings have been trued up to conform to the RSP balance as of August 15, 2024.