LEO P. DENAULT - 31 Dec 2025 Form 4 Insider Report for PG&E Corp (PCG)

Role: Director
Signature: /s/ Christine Zhang, attorney-in-fact for Leo P. Denault (Signed Power of Attorney on file with SEC)
Issuer symbol: PCG
Transactions as of: 31 Dec 2025
Net transactions value: +$32,500
Form type: 4
Filing time: 05 Jan 2026, 16:15:17 UTC
Previous filing: 15 Dec 2025
Next filing: 05 Jan 2026
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
DENAULT LEO P	Director	300 LAKESIDE DRIVE, OAKLAND	/s/ Christine Zhang, attorney-in-fact for Leo P. Denault (Signed Power of Attorney on file with SEC)	05 Jan 2026	0001281986

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	PCG	Phantom Stock	Award	$32,500	+2,022	+40%	$16.07	7,140	31 Dec 2025	Common Stock	2,022		Direct	F1, F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each share of phantom stock is the economic equivalent of one share of common stock and becomes payable in cash upon the reporting person's termination of service as a director.
F2	Phantom stock acquired upon deferral of compensation under the Deferred Compensation Plan for Non-Employee Directors, exempt under Rule 16b-3(d).
F3	This total includes 7.66 units of phantom stock acquired on 10/15/2025 pursuant to a dividend reinvestment feature of the Deferred Compensation Plan for Non-Employee Directors.