PG&E director Cooper sells $22,500 in common stock By Investing.com
Kerry Whorton Cooper, a director at PG&E Corp (), sold 1,250 shares of the company’s common stock on July 22, 2026. The shares were sold at a price of $18.0 per share, totaling $22,500. This transaction was conducted pursuant to a Rule 10b5-1 trading plan, which was adopted on November 25, 2025.
Following the sale, Ms. Cooper directly holds 88,475.45 shares of PG&E common stock. This total reflects the acquisition of 122.88 Restricted Stock Units on July 15, 2026, which occurred through a dividend reinvestment feature of the PG&E Corporation 2021 Long-Term Incentive Plan.
In other recent news, PG&E Corp. announced its second-quarter core earnings, reporting $0.40 per share, which exceeded Wall Street’s expectations of $0.36. Despite this earnings beat, the company’s revenue for the quarter was $5.9 billion, falling short of the anticipated $6.12 billion. PG&E reaffirmed its full-year core earnings per share guidance, projecting between $1.64 and $1.66. These developments highlight the company’s ability to surpass earnings estimates while facing challenges in meeting revenue expectations. The revenue shortfall and ongoing regulatory uncertainties appear to have drawn more investor attention than the positive earnings results. Analysts had projected different outcomes, which underscores the mixed reactions from the financial community. Investors and analysts will likely continue to monitor PG&E’s performance closely in light of these recent developments.
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