PCGPG&E Corporation
Deals with insiders in the proxy filed 2026-04-09
Deals between PCG and its directors, executives, owners of more than 5% or their families: a relative on the payroll, a plane the company charters from its CEO, a director's company that buys from it. SEC rules (Item 404) make the company list every such deal over $120,000 in its proxy statement.
New this year
Paragraphs about a deal, a person or a relative with nothing like them in the proxy filed 2025-04-10.
Nothing new: every deal in this year's section was reported last year too.
The whole section
8 paragraphs quoted as filed
Related Person Transactions Policy“The Boards of PG&E Corporation and the Utility each adopted a written policy (the companies’ Related Person Transaction Policy, or the “Policy”), which generally requires the applicable Audit Committee’s approval or ratification of transactions that would require disclosure under Item 404(a) of Regulation S-K under the Securities Exchange Act of 1934 (Item 404(a)), except that the Policy has a lower dollar threshold than Item 404(a).”
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Related Person Transactions Policy“Where it is not practical or desirable to wait until the next Audit Committee meeting to obtain approval or ratification, the Chair of the applicable Audit Committee may elect to approve a particular related person transaction. If the Chair of the applicable Audit Committee has an interest in the proposed related person transaction, then that transaction may be reviewed and approved by another independent and disinterested member of the applicable Audit Committee. In either case, the indi...”
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Related Person Transactions Policy“When reviewing any related person transaction, the Audit Committees consider whether the transaction is on terms comparable to those that could be obtained in arm’s-length dealings with an unrelated third party, and whether the transaction is inconsistent with the best interests of the companies and their shareholders. The Policy also requires that each Audit Committee disclose to the respective Board any material related person transactions.”
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Related Person Transactions Policy“Since January 1, 2025, all related person transactions have been approved or ratified by the applicable Audit Committee in accordance with this Policy.”
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Related Person Transactions“BlackRock, Inc. and its affiliates (BlackRock) provide asset management services to the Utility’s nuclear decommissioning trusts, customer credit trust, and various trusts associated with the companies’ employee benefit plans. During 2025, BlackRock earned approximately $3.8 million for these services.”
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Related Person Transactions“Fidelity Management and Research Company, LLC and its affiliates (Fidelity) provide recordkeeper and trustee services for benefit plans sponsored by PG&E Corporation. During 2025, Fidelity earned approximately $0.4 million for these services.”
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Related Person Transactions“State Street Corporation and its affiliates (State Street) provide asset management services for the Utility’s nuclear decommissioning trusts and the defined contribution plan associated with the companies’ employee benefit plans. During 2025, State Street earned approximately $2.9 million for these services.”
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Related Person Transactions“Each of BlackRock, Fidelity, and State Street beneficially owns at least 5 percent of PG&E Corporation’s common stock, and such services were initiated prior to becoming 5 percent owners of PG&E Corporation’s common stock. PG&E Corporation expects that these companies will continue to provide similar services and products in the future, at similar levels, in the normal course of business operations.”
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Paragraphs are compared by their words, not read by AI: one counts as new when no paragraph last year shares half of its words, or when it names a person or company last year's section did not. A deal reported again with a new amount is not new. Always check the filing. Open the proxy ↗ · Last year's proxy ↗