PG&E insider activity
What the executives and directors of PG&E actually did with their own shares, decoded from their SEC Form 4 filings. Each figure says the stretch of time it covers.
The tape: three years of insider trades
Every marker sits at the price reported on the Form 4. The line is the monthly median of all prices insiders reported, so the chart needs no market feed; the grey strip is the routine flow (grants, vestings, tax withholding and gifts) that a headline gets wrong by counting it as selling.
The 94 routine events on the chart, as a list
| Date | Insider | Shares |
|---|---|---|
| Aug 1, 2026 | Vallejo Alejandro T | 16K |
| Jun 5, 2026 | FERGUSON III MARK E | 21K |
| May 21, 2026 | HERNANDEZ CARLOS M | 11K |
| May 21, 2026 | DENAULT LEO P | 11K |
| May 21, 2026 | Bahri Rajat | 11K |
| May 21, 2026 | Smith William Lloyd | 11K |
| May 21, 2026 | LARSEN JOHN O | 11K |
| May 21, 2026 | Denecour Jessica | 11K |
| May 21, 2026 | FERGUSON III MARK E | 11K |
| May 21, 2026 | Campbell Cheryl F. | 11K |
| May 21, 2026 | Wilson Benjamin Francis | 11K |
| May 21, 2026 | Fugate William Craig | 11K |
| May 21, 2026 | Harris Arno Lockheart | 11K |
| May 21, 2026 | Cooper Kerry Whorton | 18K |
| May 21, 2026 | Cannizzaro Edward G | 11K |
| Mar 16, 2026 | Burke Carolyn Jeanne | 225K |
| Mar 4, 2026 | Poppe Patricia K | 309K |
| Mar 3, 2026 | SIMON JOHN R | 47K |
| Mar 3, 2026 | Burke Carolyn Jeanne | 45K |
| Mar 3, 2026 | Waghray Ajay | 19K |
| Mar 3, 2026 | Singh Sumeet | 50K |
| Mar 3, 2026 | Santos Marlene | 50K |
| Mar 3, 2026 | Glickman Jason M | 33K |
| Mar 3, 2026 | Peterman Carla J | 37K |
| Mar 3, 2026 | Williams Stephanie N | 8,483 |
| Mar 3, 2026 | Vallejo Alejandro T | 13K |
| Mar 1, 2026 | SIMON JOHN R | 417K |
| Mar 1, 2026 | Poppe Patricia K | 2.2M |
| Mar 1, 2026 | Waghray Ajay | 122K |
| Mar 1, 2026 | Singh Sumeet | 328K |
| Mar 1, 2026 | Santos Marlene | 328K |
| Mar 1, 2026 | Glickman Jason M | 219K |
| Mar 1, 2026 | Peterman Carla J | 200K |
| Mar 1, 2026 | Williams Stephanie N | 53K |
| Mar 1, 2026 | Vallejo Alejandro T | 23K |
| Oct 28, 2025 | Vallejo Alejandro T | 5,584 |
| May 22, 2025 | HERNANDEZ CARLOS M | 11K |
| May 22, 2025 | DENAULT LEO P | 11K |
| May 22, 2025 | Bahri Rajat | 11K |
| May 22, 2025 | Smith William Lloyd | 11K |
| May 22, 2025 | LARSEN JOHN O | 11K |
| May 22, 2025 | Denecour Jessica | 11K |
| May 22, 2025 | FERGUSON III MARK E | 11K |
| May 22, 2025 | Campbell Cheryl F. | 11K |
| May 22, 2025 | Wilson Benjamin Francis | 11K |
| May 22, 2025 | Fugate William Craig | 11K |
| May 22, 2025 | Harris Arno Lockheart | 11K |
| May 22, 2025 | Cooper Kerry Whorton | 17K |
| May 22, 2025 | Cannizzaro Edward G | 11K |
| Mar 16, 2025 | Burke Carolyn Jeanne | 4,974 |
| Mar 3, 2025 | SIMON JOHN R | 32K |
| Mar 3, 2025 | Burke Carolyn Jeanne | 33K |
| Mar 3, 2025 | Poppe Patricia K | 217K |
| Mar 3, 2025 | Waghray Ajay | 18K |
| Mar 3, 2025 | Awada Kaled | 32K |
| Mar 3, 2025 | Singh Sumeet | 47K |
| Mar 3, 2025 | Santos Marlene | 47K |
| Mar 3, 2025 | Glickman Jason M | 32K |
| Mar 3, 2025 | Peterman Carla J | 32K |
| Mar 3, 2025 | Williams Stephanie N | 8,217 |
Where the shares went, last 12 months
Every Form 4 movement decomposed: what flowed in (grants, vested equity, purchases) and what flowed out (tax withholding, plan sales, discretionary sales, gifts). Counted in shares, because grants carry no price.
The chart, in numbers
| Flow | Shares |
|---|---|
| Granted | 2.7M |
| Bought on market | 7,500 |
| Withheld for tax | 1.2M |
| Planned sales (10b5-1) | 402K |
| Discretionary sales | 77K |
| Gifts | 545K |
| Kept | 482K |
Skin in the game
Directly held shares as reported after each trade, indexed to 100 at the start of the window, up to five years back. Direct holdings only: trust and family-entity positions are per-entity in the filings and do not sum honestly, so this chart refuses to guess. The steps are the trades.
The chart, in numbers
| Insider | Start of the window | Latest reported | Indexed, start = 100 |
|---|---|---|---|
| Poppe Patricia K | 2.5M | 349K | 14.2 |
| SIMON JOHN R | 102K | 94K | 92.5 |
| Smith William Lloyd | 211K | 253K | 120 |
Who holds what
the 14 largest holdings of 26| Insider | Role | Shares held | Buys 12 m | Sales 12 m | 12 m | Last trade |
|---|---|---|---|---|---|---|
| Poppe Patricia K Chief Executive Officer Last trade Apr 28, 2026 | CEO | 2.6M | – | $1.1M | net selling over the year: 0 months buying, 2 months selling | Apr 28, 2026 |
| SIMON JOHN R EVP, GC, Chief E&C Officer Last trade Feb 19, 2026 | Officer | 581K | – | $900K | net selling over the year: 0 months buying, 1 month selling | Feb 19, 2026 |
| Singh Sumeet CEO and EVP at PG&E Company Last trade Mar 5, 2026 | CEO | 313K | – | $1.0M | net selling over the year: 0 months buying, 1 month selling | Mar 5, 2026 |
| Smith William Lloyd | Director | 253K | – | – | – | |
| Waghray Ajay SVP & Chf Information Ofc | Officer | 232K | – | – | – | |
| Santos Marlene Last trade Jul 22, 2026 | Other | 231K | – | $2.8M | net selling over the year: 0 months buying, 1 month selling | Jul 22, 2026 |
| Burke Carolyn Jeanne EVP and CFO Last trade Mar 30, 2023 | CFO | 230K | – | – | Mar 30, 2023 | |
| Peterman Carla J President, EVP Cust&Corp Afrs Last trade Jun 15, 2026 | Officer | 163K | – | $1.1M | net selling over the year: 0 months buying, 2 months selling | Jun 15, 2026 |
| Glickman Jason M EVP, Strategy and Growth Last trade Apr 28, 2026 | Officer | 136K | – | $1.2M | net selling over the year: 0 months buying, 2 months selling | Apr 28, 2026 |
| FLEXON ROBERT C Last trade Sep 1, 2021 | Director | 101K | – | – | Sep 1, 2021 | |
| Harris Arno Lockheart Last trade Feb 20, 2025 | Director | 95K | – | – | Feb 20, 2025 | |
| Cooper Kerry Whorton Last trade Jul 22, 2026 | Director | 88K | – | $90K | net selling over the year: 0 months buying, 3 months selling | Jul 22, 2026 |
| Campbell Cheryl F. Last trade Sep 12, 2023 | Director | 86K | – | – | Sep 12, 2023 | |
| Bahri Rajat Last trade Feb 25, 2025 | Director | 83K | – | – | Feb 25, 2025 |
Open-market trade log
the 60 most recent of 1,106| Date | Insider | Type | Shares | Price | Value | Since trade | Filed |
|---|---|---|---|---|---|---|---|
| Sep 4, 2026 | Fugate William Craig (Director) 6,500 shares $13.76 +0.0% since trade filed Sep 9, 2026 | Planned sale (10b5-1) | 6,500 | $13.76 | $89K | +0.0% | Sep 9, 2026 |
| Jul 22, 2026 | Cooper Kerry Whorton (Director) 1,250 shares $18.00 −23.6% since trade filed Jul 24, 2026 | Planned sale (10b5-1) | 1,250 | $18.00 | $23K | −23.6% | Jul 24, 2026 |
| Jul 22, 2026 | Santos Marlene (Other) 158K shares $18.00 −23.6% since trade filed Jul 24, 2026 | Planned sale (10b5-1) | 158K | $18.00 | $2.8M | −23.6% | Jul 24, 2026 |
| Jun 15, 2026 | Peterman Carla J (Officer) 32K shares $16.68 −17.5% since trade filed Jun 16, 2026 | Planned sale (10b5-1) | 32K | $16.68 | $530K | −17.5% | Jun 16, 2026 |
| Jun 2, 2026 | Cooper Kerry Whorton (Director) 1,250 shares $16.50 −16.6% since trade filed Jun 3, 2026 | Planned sale (10b5-1) | 1,250 | $16.50 | $21K | −16.6% | Jun 3, 2026 |
| Apr 28, 2026 | Poppe Patricia K (CEO) 31K shares $16.39 −16.1% since trade filed Apr 28, 2026 | Planned sale (10b5-1) | 31K | $16.39 | $512K | −16.1% | Apr 28, 2026 |
| Apr 28, 2026 | Glickman Jason M (Officer) 47K shares $16.35 −15.8% since trade filed Apr 28, 2026 | Discretionary sale | 47K | $16.35 | $773K | −15.8% | Apr 28, 2026 |
| Mar 17, 2026 | Cooper Kerry Whorton (Director) 2,500 shares $18.68 −26.3% since trade filed Mar 17, 2026 | Planned sale (10b5-1) | 2,500 | $18.68 | $47K | −26.3% | Mar 17, 2026 |
| Mar 16, 2026 | Peterman Carla J (Officer) 32K shares $18.31 −24.9% since trade filed Mar 16, 2026 | Planned sale (10b5-1) | 32K | $18.31 | $582K | −24.9% | Mar 16, 2026 |
| Mar 5, 2026 | Singh Sumeet (CEO) 56K shares $18.32 −24.9% since trade filed Mar 5, 2026 | Planned sale (10b5-1) | 56K | $18.32 | $1.0M | −24.9% | Mar 5, 2026 |
| Feb 19, 2026 | SIMON JOHN R (Officer) 46K shares $18.00 −23.6% since trade filed Feb 19, 2026 | Planned sale (10b5-1) | 46K | $18.00 | $821K | −23.6% | Feb 19, 2026 |
| Feb 18, 2026 | SIMON JOHN R (Officer) 4,393 shares $18.01 −23.6% since trade filed Feb 19, 2026 | Planned sale (10b5-1) | 4,393 | $18.01 | $79K | −23.6% | Feb 19, 2026 |
| Feb 18, 2026 | Poppe Patricia K (CEO) 31K shares $17.90 −23.1% since trade filed Feb 18, 2026 | Planned sale (10b5-1) | 31K | $17.90 | $559K | −23.1% | Feb 18, 2026 |
| Nov 4, 2025 | LARSEN JOHN O (Director) 7,500 shares $15.96 −13.8% since trade filed Nov 5, 2025 | Open-market buy | 7,500 | $15.96 | $120K | −13.8% | Nov 5, 2025 |
| Oct 30, 2025 | Glickman Jason M (Other) 29K shares $15.95 −13.7% since trade filed Nov 3, 2025 | Discretionary sale | 29K | $15.95 | $470K | −13.7% | Nov 3, 2025 |
| Aug 11, 2025 | FERGUSON III MARK E (Director) 7,000 shares $15.15 −9.2% since trade filed Aug 13, 2025 | Discretionary sale | 7,000 | $15.15 | $106K | −9.2% | Aug 13, 2025 |
| Apr 29, 2025 | Peterman Carla J (Officer) 33K shares $17.30 −20.5% since trade filed May 1, 2025 | Planned sale (10b5-1) | 33K | $17.30 | $563K | −20.5% | May 1, 2025 |
| Mar 11, 2025 | DENAULT LEO P (Director) 6,300 shares $15.96 −13.8% since trade filed Mar 12, 2025 | Open-market buy | 6,300 | $15.96 | $101K | −13.8% | Mar 12, 2025 |
| Mar 10, 2025 | Glickman Jason M (Other) 40K shares $15.71 −12.4% since trade filed Mar 11, 2025 | Discretionary sale | 40K | $15.71 | $632K | −12.4% | Mar 11, 2025 |
| Mar 6, 2025 | Williams Stephanie N (Officer) 15K shares $16.21 −15.1% since trade filed Mar 6, 2025 | Planned sale (10b5-1) | 15K | $16.21 | $243K | −15.1% | Mar 6, 2025 |
| Mar 4, 2025 | Santos Marlene (Other) 126K shares $16.37 −15.9% since trade filed Mar 4, 2025 | Planned sale (10b5-1) | 126K | $16.37 | $2.1M | −15.9% | Mar 4, 2025 |
| Mar 4, 2025 | Peterman Carla J (Officer) 33K shares $16.37 −15.9% since trade filed Mar 4, 2025 | Planned sale (10b5-1) | 33K | $16.37 | $532K | −15.9% | Mar 4, 2025 |
| Feb 25, 2025 | HERNANDEZ CARLOS M (Director) 3,142 shares $15.91 −13.5% since trade filed Feb 27, 2025 | Open-market buy | 3,142 | $15.91 | $50K | −13.5% | Feb 27, 2025 |
| Feb 25, 2025 | Bahri Rajat (Director) 3,170 shares $15.79 −12.9% since trade filed Feb 27, 2025 | Open-market buy | 3,170 | $15.79 | $50K | −12.9% | Feb 27, 2025 |
| Feb 21, 2025 | Denecour Jessica (Director) 1,347 shares $15.79 −12.9% since trade filed Feb 25, 2025 | Open-market buy | 1,347 | $15.79 | $21K | −12.9% | Feb 25, 2025 |
| Feb 20, 2025 | Harris Arno Lockheart (Director) 6,389 shares $15.66 −12.1% since trade filed Feb 21, 2025 | Open-market buy | 6,389 | $15.66 | $100K | −12.1% | Feb 21, 2025 |
| Dec 2, 2024 | Poppe Patricia K (CEO) 56K shares $20.66 −33.4% since trade filed Dec 2, 2024 | Planned sale (10b5-1) | 56K | $20.66 | $1.1M | −33.4% | Dec 2, 2024 |
| Aug 15, 2024 | Williams Stephanie N (Officer) 39K shares $18.32 −24.9% since trade filed Aug 16, 2024 | Planned sale (10b5-1) | 39K | $18.32 | $707K | −24.9% | Aug 16, 2024 |
| Apr 30, 2024 | Poppe Patricia K (CEO) 59K shares $17.08 −19.4% since trade filed May 1, 2024 | Planned sale (10b5-1) | 59K | $17.08 | $1.0M | −19.4% | May 1, 2024 |
| Sep 12, 2023 | Campbell Cheryl F. (Director) 10K shares $16.90 −18.6% since trade filed Sep 13, 2023 | Planned sale (10b5-1) | 10K | $16.90 | $169K | −18.6% | Sep 13, 2023 |
| Mar 30, 2023 | Burke Carolyn Jeanne (Officer) 156 shares $15.90 −13.5% since trade filed Apr 28, 2023 late | Open-market buy | 156 | $15.90 | $2K | −13.5% | Apr 28, 2023 late |
| Mar 3, 2023 | Poppe Patricia K (CEO) 67K shares $15.87 −13.3% since trade filed Mar 3, 2023 | Discretionary sale | 67K | $15.87 | $1.1M | −13.3% | Mar 3, 2023 |
| Jan 9, 2023 | PG&E Fire Victim Trust (Other) 60M shares $15.26 −9.8% since trade filed Jan 11, 2023 | Discretionary sale | 60M | $15.26 | $916M | −9.8% | Jan 11, 2023 |
| Dec 12, 2022 | PG&E Fire Victim Trust (10% owner) 60M shares $15.14 −9.1% since trade filed Dec 14, 2022 | Discretionary sale | 60M | $15.14 | $908M | −9.1% | Dec 14, 2022 |
| Oct 27, 2022 | PG&E Fire Victim Trust (10% owner) 35M shares $14.77 −6.8% since trade filed Oct 28, 2022 | Discretionary sale | 35M | $14.77 | $517M | −6.8% | Oct 28, 2022 |
| Oct 4, 2022 | PG&E Fire Victim Trust (10% owner) 35M shares $13.65 +0.8% since trade filed Oct 5, 2022 | Discretionary sale | 35M | $13.65 | $478M | +0.8% | Oct 5, 2022 |
| Sep 8, 2022 | Poppe Patricia K (CEO) 83K shares $13.00 +5.9% since trade filed Sep 12, 2022 | Discretionary sale | 83K | $13.00 | $1.1M | +5.9% | Sep 12, 2022 |
| Apr 14, 2022 | PG&E Fire Victim Trust (10% owner) 60M shares $12.04 +14.3% since trade filed Apr 18, 2022 | Discretionary sale | 60M | $12.04 | $722M | +14.3% | Apr 18, 2022 |
| Jan 31, 2022 | PG&E Fire Victim Trust (10% owner) 40M shares $12.09 +13.8% since trade filed Feb 2, 2022 | Discretionary sale | 40M | $12.09 | $484M | +13.8% | Feb 2, 2022 |
| Nov 5, 2021 | Harris Arno Lockheart (Director) 8,475 shares $11.81 +16.5% since trade filed Nov 8, 2021 | Open-market buy | 8,475 | $11.81 | $100K | +16.5% | Nov 8, 2021 |
| Sep 1, 2021 | FLEXON ROBERT C (Director) 10K shares $9.28 +48.3% since trade filed Sep 2, 2021 | Open-market buy | 10K | $9.28 | $93K | +48.3% | Sep 2, 2021 |
| Aug 22, 2018 | STAVROPOULOS NICKOLAS (Other) 1,161 shares $44.79 filed Aug 23, 2018 | Discretionary sale | 1,161 | $44.79 | $52K | – | Aug 23, 2018 |
| Jun 1, 2018 | Kane Julie (Officer) 489 shares $43.33 filed Jun 1, 2018 | Discretionary sale | 489 | $43.33 | $21K | – | Jun 1, 2018 |
| Mar 6, 2018 | MISTRY DINYAR B (Officer) 5,586 shares $41.93 filed Mar 8, 2018 | Discretionary sale | 5,586 | $41.93 | $234K | – | Mar 8, 2018 |
| Mar 6, 2018 | STAVROPOULOS NICKOLAS (Other) 4,728 shares $41.93 filed Mar 8, 2018 | Discretionary sale | 4,728 | $41.93 | $198K | – | Mar 8, 2018 |
| Mar 6, 2018 | SIMON JOHN R (Officer) 3,211 shares $41.93 filed Mar 8, 2018 | Discretionary sale | 3,211 | $41.93 | $135K | – | Mar 8, 2018 |
| Mar 6, 2018 | Malnight Steven E. (Officer) 1,693 shares $41.93 filed Mar 8, 2018 | Discretionary sale | 1,693 | $41.93 | $71K | – | Mar 8, 2018 |
| Mar 6, 2018 | Kane Julie (Officer) 936 shares $41.93 filed Mar 8, 2018 | Discretionary sale | 936 | $41.93 | $39K | – | Mar 8, 2018 |
| Nov 15, 2017 | Thomason David S. (Officer) 700 shares $56.82 filed Nov 17, 2017 | Discretionary sale | 700 | $56.82 | $40K | – | Nov 17, 2017 |
| Sep 5, 2017 | KIMMEL ROGER H (Director) 4,000 shares $69.68 filed Sep 6, 2017 | Open-market buy | 4,000 | $69.68 | $279K | – | Sep 6, 2017 |
| Aug 23, 2017 | Thomason David S. (Officer) 700 shares $69.62 filed Aug 24, 2017 | Discretionary sale | 700 | $69.62 | $49K | – | Aug 24, 2017 |
| Aug 22, 2017 | STAVROPOULOS NICKOLAS (Other) 1,101 shares $69.43 filed Aug 23, 2017 | Discretionary sale | 1,101 | $69.43 | $76K | – | Aug 23, 2017 |
| Aug 22, 2017 | SIMON JOHN R (Officer) 881 shares $69.43 filed Aug 23, 2017 | Discretionary sale | 881 | $69.43 | $61K | – | Aug 23, 2017 |
| Aug 14, 2017 | Malnight Steven E. (Officer) 5,000 shares $68.98 filed Aug 15, 2017 | Discretionary sale | 5,000 | $68.98 | $345K | – | Aug 15, 2017 |
| Aug 14, 2017 | Kane Julie (Officer) 2,233 shares $68.98 filed Aug 15, 2017 | Discretionary sale | 2,233 | $68.98 | $154K | – | Aug 15, 2017 |
| May 26, 2017 | STAVROPOULOS NICKOLAS (Other) 11K shares $67.37 filed May 30, 2017 | Discretionary sale | 11K | $67.37 | $747K | – | May 30, 2017 |
| Mar 6, 2017 | SIMON JOHN R (Officer) 6,530 shares $65.87 filed Mar 8, 2017 | Discretionary sale | 6,530 | $65.87 | $430K | – | Mar 8, 2017 |
| Mar 6, 2017 | Park Hyun (Officer) 39K shares $65.83 filed Mar 8, 2017 | Discretionary sale | 39K | $65.83 | $2.6M | – | Mar 8, 2017 |
| Mar 4, 2016 | HARVEY KENT M (Officer) 18K shares $56.24 filed Mar 8, 2016 | Discretionary sale | 18K | $56.24 | $1.0M | – | Mar 8, 2016 |
| Mar 4, 2016 | STAVROPOULOS NICKOLAS (Other) 14K shares $56.24 filed Mar 8, 2016 | Discretionary sale | 14K | $56.24 | $788K | – | Mar 8, 2016 |
“Since trade” compares with the latest insider-implied price, not a market quote: these pages are built from filings alone. A role here is the one on that day's Form 4, so somebody promoted since appears under both titles.
Filing hygiene
How to read this
A Form 4 transaction code decides everything. P is an open-market purchase and S an open-market sale; those two are the only codes where an insider chose to trade. A is a grant, M an option exercise or vesting, F shares withheld to cover tax, G a gift. Most “insiders dumped billions” headlines are code F and M mechanics.
Sales flagged 10b5-1 run on a plan the insider adopted in advance; since 2023 every Form 4 carries that flag. Buys have historically predicted returns, sales mostly have not, and this page states filings, not advice.