Insiders Trades
1 insider bought €81k of shares over the last 90 days, the latest filed 01 Oct 2026.
PG&E Corp: what insiders have been doing
This page follows insider dealings at PG&E Corp as filed with SEC (Form 4), a company from the Energy sector. In the past year (18 October 2025 to 18 October 2026), 45 filings came from 20 insiders.
Open-market activity splits into 2 purchases totalling €185k and 9 sales totalling €6.0M; 1 insider sit on the buying side and 7 insiders on the selling side. Taken together, the sales exceed the purchases by €5.8M. Buying on the open market means paying the going price with one's own funds, a different act from receiving shares as pay. On the buying side, the filings list 1 senior executive among the declarants. At €2.5M, the sale published on 24 July 2026 by Santos Marlene is the largest of the period (0.0074% of market cap).
Across the 5,810 companies tracked on its exchange, the median is 19 filings; at 45 filings, this issuer sits above that mark. Our records for PG&E Corp go back to 2021, with 10 purchases and 24 sales on the open market in total. The 10-K for the year ended 31 December 2025 shows 24.93 bn USD of revenue and 2.70 bn USD of net income.
The most recent open-market purchase was published on 1 October 2026, 17 days ago. Filings reach the SEC (Form 4) feed a median of 2 days after the trade. US insiders must file a Form 4 within two business days of a trade. Selling is not necessarily a view on the stock: liquidity needs and diversification are common motives.
Other companies in the same sector with recent insider buying flagged by our signals: RGC Resources Inc and Empire Petroleum Corp. These figures are compiled from regulatory filings published by SEC (Form 4). They describe what insiders did and are not a recommendation.
Insider Decl.
197
Thresholds
n/a
Buy Volume
€656,493
10 ops. · all time
Sell Volume
€4B
24 ops. · all time
Who traded when
BuySaleJason M. Glickman3 sales
Patricia K. Poppe3 sales
Cooper Kerry Whorton2 sales
John O. Larsen2 buys
Peterman Carla J2 sales
Denault Leo P1 buy
+10 other insiders
Since the insiders bought
- -0.6%Entry US$16.33 · Close at T+90 US$16.23
- +10.6%Entry US$16.40 · Close at T+365 US$18.14
- +17.0%Entry US$16.34 · Close at T+365 US$19.11
Entry is the close on the day after publication, the first price a reader could act on. Prices in the listing currency. Past moves are not a forecast.
Analyst consensus: bullish or bearish?
Analysts rate PG&E Corp Buy (bullish), based on 16 analysts. Average price target: US$18.69.
This score ranks the purchase within its own market. A position size is suggested only on the venues of the backtested strategy universe; elsewhere, signals stay on watch. Not investment advice.
Fundamental score
Ranked 12,335 of 24,148 companies
51.0
score / 100
Value51
Quality51
FCF yld-7.8%
Earn yld6.9%
EV/EBITDA10.0x
ROE9.3%
Gross mgn40%
Net mgn11%
Debt/EBITDA6.1x
Pillars2/3
Transparent value + quality ranking, distinct from the insider signal.
Financial data
as of FY 2025FY ended December 2025 · cache
US$13.15
Analyst consensus
16 analystsBuy
US$14.00Target US$18.69(+42%)US$24.00
Income statement
RevenueUS$24.9B
Gross profitUS$9.9B40% margin
EBITDAUS$10.1B40% margin
Net incomeUS$2.7B11.8% margin
Valuation
PER (trailing)9.7x
PER (forward)7.3x
P/Book0.9x
Beta0.28
Balance sheet & cash
Market capUS$39.5B
Total debtUS$61.3B
Free Cash Flow-US$3.1B
Debt / Equity189%
Profitability & ownership
ROE9.3%
ROA2.6%
% insiders0.4%
% institutions104.2%
Last declaration on 1 October 2026
Declarations197 total
7,500 shares@ US$12.200.0002% mcap43.7% of flowCommon StockSEC:0001628280-26-064255:0
Canonical exit: 29 Dec 2026 (T+90)
6,500 shares@ US$13.760.0002% mcap100.0% of flowCommonSEC144:0001921094-26-000996
11,240 shares0Common StockSEC:0001628280-26-052592:0
5,086 shares@ US$17.380.0002% mcap100.0% of flowCommon StockSEC:0001628280-26-052592:1
158,250 shares@ US$18.000.0074% mcap39.5% of flowCommon StockSEC:0001628280-26-049604:0
1,250 shares@ US$18.000.0001% mcap25.3% of flowCommonSEC144:0001921094-26-000752
158,250 shares@ US$18.00470.0074% mcap39.5% of flowCommonSEC144:0001921094-26-000753
31,786 shares@ US$16.68040.0014% mcap26.9% of flowCommonSEC144:0001921094-26-000649
10,675.16 shares0Common StockSEC:0001628280-26-041909:0
10,675.16 shares0Common StockSEC:0001628280-26-041909:1
1,250 shares@ US$16.500.0001% mcap22.7% of flowCommonSEC144:0001921094-26-000591
10,948 shares0Common StockSEC:0001628280-26-038155:0
10,948 shares0Common StockSEC:0001628280-26-038150:0
10,948 shares0Common StockSEC:0001628280-26-038157:0
17,639 shares0Common StockSEC:0001628280-26-038159:0
47,264 shares@ US$16.350.0019% mcap40.0% of flowCommon StockSEC:0001628280-26-028073:0
31,250 shares@ US$16.390.0012% mcap1.7% of flowCommon StockSEC:0001628280-26-028071:0
144,806 shares0Common StockSEC:0001628280-26-018772:0
2,500 shares@ US$18.6852.0% of flowCommon StockSEC:0001628280-26-018756:0
31,786 shares@ US$18.3129.9% of flowCommon StockSEC:0001628280-26-018248:0
55,698 shares@ US$18.3254.8% of flowCommon StockSEC:0001628280-26-015206:0
40,817 shares0Common StockSEC:0001628280-26-014919:0
200,157 shares0Common StockSEC:0001628280-26-014908:0
15,699 shares0Common StockSEC:0001628280-26-014904:0
7,379 shares0Common StockSEC:0001628280-26-014879:0
25 of 197 declarations
About PG&E Corp
PG&E Corporation (NYSE: PCG) is a major regulated energy utility in the United States, headquartered in Oakland, California. It is the holding company for Pacific Gas and Electric Company, which operates one of the largest electric and natural gas delivery systems in California. For investors, PG&E is best understood as a regulated utility franchise: earnings are driven primarily by approved infrastructure investment and allowed returns rather than by commodity prices. That creates a more defensive business profile, but one that is also highly sensitive to regulatory outcomes, wildfire mitigation costs, and utility- and safety-related execution risk. ([investor.pgecorp.com](https://investor.pgecorp.com/investors/default.aspx?utm_source=openai))
PG&E’s core business is the transmission and delivery of energy to customers across a large California service territory. The company says it employs roughly 23,000 people, and its system includes extensive electric and gas infrastructure, including distribution pipelines and transmission pipelines. The business model is infrastructure-heavy and capital intensive, with the utility continuously investing in grid reinforcement, undergrounding, covered conductor deployment, and other safety upgrades. In practical terms, this means PG&E functions more like a long-duration infrastructure platform than a typical commodity energy company. ([pge.com](https://www.pge.com/en/about/company-information/company-profile.html?utm_source=openai))
Read moreShow less
From a product and service standpoint, PG&E provides electric service and natural gas service, along with related grid interconnection and customer support for electrification and clean-energy use cases. Recent company disclosures emphasize renewable natural gas integration, wildfire hardening, and support for electric vehicle charging infrastructure. PG&E also operates in a high-visibility California environment where reliability, affordability, decarbonization, and wildfire prevention are all central to the investment thesis. ([investor.pgecorp.com](https://investor.pgecorp.com/news-events/press-releases/press-release-details/2026/PGE-Corporation-Reports-First-Quarter-2026-Results-On-Track-to-Deliver-Solid-2026-Bundled-Residential-Electric-Rates-Now-Down-23-since-2024-for-Most-Vulnerable-Customers/default.aspx?utm_source=openai))
Historically, PG&E has deep roots in California’s utility development, and its current structure reflects a long-standing role as a foundational provider of energy infrastructure in the state. Its competitive position is unusual: in its service area, it is a critical incumbent utility with a very large installed base and substantial scale advantages, but it does not compete in the open market in the same way as an industrial or technology company. Instead, its “competition” is largely against peer utilities for regulatory credibility, capital efficiency, reliability performance, and execution on safety commitments. ([pge.com](https://www.pge.com/en/about.html?utm_source=openai))
Recent developments matter for the equity story. In April 2026, PG&E reported first-quarter 2026 results, reaffirmed its full-year 2026 non-GAAP core EPS guidance, and highlighted lower residential bundled electric rates for vulnerable customers. The company also received Nuclear Regulatory Commission approval for the extended operation of Diablo Canyon, a strategically important low-carbon generation asset in California, while continuing major undergrounding and wildfire-safety work in high-risk areas. Taken together, these updates point to a company focused on regulated growth, infrastructure resilience, and affordability. ([investor.pgecorp.com](https://investor.pgecorp.com/news-events/press-releases/press-release-details/2026/PGE-Corporation-Reports-First-Quarter-2026-Results-On-Track-to-Deliver-Solid-2026-Bundled-Residential-Electric-Rates-Now-Down-23-since-2024-for-Most-Vulnerable-Customers/default.aspx?utm_source=openai))
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