Vallejo Alejandro T. - 23 Feb 2026 Form 4 Insider Report for PG&E Corp (PCG)

Role: EVP, Chief People Officer
Signature: /s/ Christine Zhang, Attorney-in-fact for Alejandro T. Vallejo (Signed Power of Attorney on file with SEC)
Issuer symbol: PCG
Transactions as of: 23 Feb 2026
Net transactions value: +$7,154
Form type: 4
Filing time: 25 Feb 2026, 16:15:04 UTC
Previous filing: 27 Jan 2026
Next filing: 03 Mar 2026
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Vallejo Alejandro T	EVP, Chief People Officer	300 LAKESIDE DRIVE, OAKLAND	/s/ Christine Zhang, Attorney-in-fact for Alejandro T. Vallejo (Signed Power of Attorney on file with SEC)	25 Feb 2026	0002090308

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	$7,154	+387	+1.3%	$18.48	30,553	23 Feb 2026	Common Stock	387		Direct	F1, F2

* 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 following the reporting person's termination of service as an officer. The reporting person may transfer his phantom stock account into an alternative investment account at any time, subject to the terms of the PG&E Corporation 2005 Supplemental Retirement Savings Plan ("SRSP") and the PG&E Corporation Defined Contribution Executive Supplemental Retirement Plan ("DC-ESRP").
F2	Phantom stock acquired upon (1) deferral of compensation under the SRSP and (2) credits awarded to the reporting person's account under the DC-ESRP, each exempt under Rule 16b-3(d).

Content

Each share of phantom stock is the economic equivalent of one share of common stock and becomes payable in cash following the reporting person's termination of service as an officer. The reporting person may transfer his phantom stock account into an alternative investment account at any time, subject to the terms of the PG&E Corporation 2005 Supplemental Retirement Savings Plan ("SRSP") and the PG&E Corporation Defined Contribution Executive Supplemental Retirement Plan ("DC-ESRP").

Phantom stock acquired upon (1) deferral of compensation under the SRSP and (2) credits awarded to the reporting person's account under the DC-ESRP, each exempt under Rule 16b-3(d).