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    Pacific Gas & Electric Co. filed SEC Form 8-K: Submission of Matters to a Vote of Security Holders

    5/26/26 4:30:48 PM ET
    $PCG
    Power Generation
    Utilities
    Get the next $PCG alert in real time by email
    Current Report
    false 0001004980 0001004980 2026-05-21 2026-05-21 0001004980 PCG:PacificGasAndElectricCompanyMember 2026-05-21 2026-05-21 0001004980 PCG:CommonStockNoParValueMember 2026-05-21 2026-05-21 0001004980 PCG:FirstPreferredStockCumulativeParValue25PerShare6NonredeemableMember 2026-05-21 2026-05-21 0001004980 PCG:FirstPreferredStockCumulativeParValue25PerShare5.50NonredeemableMember 2026-05-21 2026-05-21 0001004980 PCG:FirstPreferredStockCumulativeParValue25PerShare5NonredeemableMember 2026-05-21 2026-05-21 0001004980 PCG:FirstPreferredStockCumulativeParValue25PerShare5RedeemableMember 2026-05-21 2026-05-21 0001004980 PCG:FirstPreferredStockCumulativeParValue25PerShare5SeriesRedeemableMember 2026-05-21 2026-05-21 0001004980 PCG:FirstPreferredStockCumulativeParValue25PerShare4.80RedeemableMember 2026-05-21 2026-05-21 0001004980 PCG:FirstPreferredStockCumulativeParValue25PerShare4.50RedeemableMember 2026-05-21 2026-05-21 0001004980 PCG:FirstPreferredStockCumulativeParValue25PerShare4.36RedeemableMember 2026-05-21 2026-05-21 0001004980 PCG:Sec6.000SeriesMandatoryConvertiblePreferredStockNoParValuePerShareMember 2026-05-21 2026-05-21 iso4217:USD xbrli:shares iso4217:USD xbrli:shares
     

    UNITED STATES
    SECURITIES AND EXCHANGE COMMISSION

    Washington, D.C. 20549

     

    FORM 8-K

     

    CURRENT REPORT

     

    Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

     

    Date of Report: May 21, 2026

    (Date of earliest event reported)

     

    Commission
    File Number
     

    Exact Name of Registrant as specified in its charter

      State or Other Jurisdiction of Incorporation or Organization   IRS Employer Identification Number
    001-12609   PG&E Corporation    California   94-3234914
    001-02348   Pacific Gas and Electric Company    California   94-0742640

     

         
    300 Lakeside Drive   300 Lakeside Drive
    Oakland, California 94612   Oakland, California 94612
    (Address of principal executive offices) (Zip Code)   (Address of principal executive offices) (Zip Code)
    (415) 973-1000   (415) 973-7000
    (Registrant’s telephone number, including area code)   (Registrant’s telephone number, including area code)
         

     

    Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

     

    ☐  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
    ☐  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
    ☐  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)
    ☐  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

     

    Securities registered pursuant to Section 12(b) of the Act:

     

    Title of each class Trading
    Symbol(s)

    Name of each exchange

    on which registered

    Common stock, no par value  PCG  The New York Stock Exchange
    First preferred stock, cumulative, par value $25 per share, 6% nonredeemable PCG-PA NYSE American LLC
    First preferred stock, cumulative, par value $25 per share, 5.50% nonredeemable PCG-PB NYSE American LLC
    First preferred stock, cumulative, par value $25 per share, 5% nonredeemable PCG-PC NYSE American LLC
    First preferred stock, cumulative, par value $25 per share, 5% redeemable PCG-PD NYSE American LLC
    First preferred stock, cumulative, par value $25 per share, 5% series A redeemable PCG-PE NYSE American LLC
    First preferred stock, cumulative, par value $25 per share, 4.80% redeemable PCG-PG NYSE American LLC
    First preferred stock, cumulative, par value $25 per share, 4.50% redeemable PCG-PH NYSE American LLC
    First preferred stock, cumulative, par value $25 per share, 4.36% redeemable PCG-PI NYSE American LLC
    6.000% Series A Mandatory Convertible Preferred Stock, no par value per share PCG-PrX The New York Stock Exchange

     

    Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

     

    Emerging growth company PG&E Corporation ☐ 
    Emerging growth company Pacific Gas and Electric Company ☐ 

     

    If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

     

    PG&E Corporation ☐
    Pacific Gas and Electric Company ☐

     

     

     

     

     

     

    Item 5.07 Submission of Matters to a Vote of Security Holders

     

    On May 21, 2026, PG&E Corporation and Pacific Gas and Electric Company (the “Utility”) held their joint annual meeting of shareholders.

     

    PG&E Corporation:

     

    At the joint annual meeting, the shareholders of PG&E Corporation voted as indicated below on the following matters:

     

    1.       Election of the following individuals to serve as directors until the next annual meeting of shareholders or until their successors are elected and qualified (included as Proposal 1 in the proxy statement):

     

        For   Against   Abstain   Broker
    Non-Vote(1)
    Rajat Bahri   1,833,250,034   6,042,619   12,211,664   94,215,653
    Cheryl F. Campbell   1,808,992,059   29,318,902   13,193,356   94,215,653
    Edward G. Cannizzaro   1,833,384,139   5,874,671   12,245,507   94,215,653
    Kerry W. Cooper   1,814,986,568   24,293,167   12,224,582   94,215,653
    Leo P. Denault   1,833,389,798   5,877,013   12,237,506   94,215,653
    Jessica L. Denecour   1,654,081,012   185,233,306   12,189,999   94,215,653
    Mark E. Ferguson III   1,760,547,651   78,720,066   12,236,600   94,215,653
    W. Craig Fugate   1,785,043,778   48,255,108   18,205,431   94,215,653
    Arno L. Harris   1,790,902,477   42,370,658   18,231,182   94,215,653
    Carlos M. Hernandez   1,833,294,827   5,991,484   12,218,006   94,215,653
    John O. Larsen   1,827,440,525   11,849,285   12,214,507   94,215,653
    Patricia K. Poppe   1,834,112,470   5,265,290   12,126,557   94,215,653
    William L. Smith   1,830,200,310   9,117,281   12,186,726   94,215,653
    Benjamin F. Wilson     1,792,829,663   39,396,108   19,278,546   94,215,653
        
    (1)A broker non-vote occurs when shares held by a broker for a beneficial owner are not voted because (i) the broker did not receive voting instructions from the beneficial owner, and (ii) the broker lacked discretionary authority to vote the shares. Broker non-votes are counted when determining whether the necessary quorum of shareholders is present or represented at each annual meeting.

     

    Each director nominee named above was elected a director of PG&E Corporation.

     

    2.       Non-binding advisory vote to approve the company’s executive compensation (included as Proposal 2 in the proxy statement):

     

    For:     1,670,209,325  
    Against:     168,851,135  
    Abstain:     12,443,857  
    Broker Non-Vote(1)     94,215,653  

    (1)See footnote 1 above.  

     

    This proposal was approved.

     

    3.       Ratification of the appointment of Deloitte & Touche LLP as the independent registered public accounting firm for 2026 (included as Proposal 3 in the proxy statement):

     

    For:     1,799,578,512  
    Against:     133,964,864  
    Abstain:     12,446,594  

     

    This proposal was approved.

     

     

     

     

    Pacific Gas and Electric Company:

     

    At the joint annual meeting, the shareholders of the Utility voted as indicated below on the following matters:

     

    1.       Election of the following individuals to serve as directors until the next annual meeting of shareholders or until their successors are elected and qualified (included as Proposal 1 in the proxy statement):

     

        For   Against   Abstain   Broker
    Non-Vote(1)
    Rajat Bahri   266,838,449   74,970   62,807   4,341,224
    Cheryl F. Campbell   266,853,090   62,834   60,302   4,341,224
    Edward G. Cannizzaro   266,858,107   56,934   61,185   4,341,224
    Kerry W. Cooper   266,841,516   74,031   60,679   4,341,224
    Leo P. Denault   266,854,717   60,507   61,002   4,341,224
    Jessica L. Denecour   266,843,456   74,278   58,492   4,341,224
    Mark E. Ferguson III   266,852,309   63,994   59,923   4,341,224
    W. Craig Fugate   266,831,607   84,066   60,553   4,341,224
    Arno L. Harris   266,850,847   65,668   59,711   4,341,224
    Carlos M. Hernandez   266,848,787   67,497   59,942   4,341,224
    John O. Larsen   266,854,500   61,409   60,317   4,341,224
    Patricia K. Poppe   266,854,578   61,957   59,691   4,341,224
    Sumeet Singh   266,835,038   79,026   62,162   4,341,224
    William L. Smith   266,854,456   62,399   59,371   4,341,224
    Benjamin F. Wilson   266,842,921   74,526   58,779   4,341,224
        
    (1)See footnote 1 above.

     

    Each director nominee named above was elected a director of the Utility.

     

    2.       Non-binding advisory vote to approve the company’s executive compensation (included as Proposal 2 in the proxy statement):

     

    For:     266,658,227  
    Against:     233,182  
    Abstain:     84,817  
    Broker Non-Vote(1)     4,341,224  

    (1)See footnote 1 above.  

     

    This proposal was approved.

     

    3.       Ratification of the appointment of Deloitte & Touche LLP as the independent registered public accounting firm for 2026 (included as Proposal 3 in the proxy statement):

     

    For:     270,910,455  
    Against:     240,220  
    Abstain:     166,775  

     

    This proposal was approved.

     

     

     

     

    SIGNATURES

     

    Pursuant to the requirements of the Securities Exchange Act of 1934, the registrants have duly caused this report to be signed on their behalf by the undersigned thereunto duly authorized.

     

      PG&E CORPORATION  
           
    Date: May 26, 2026 By: /s/ John R. Simon  
        Name: John R. Simon  
        Title: Executive Vice President, General Counsel and Chief Ethics & Compliance Officer  

     

     

      PACIFIC GAS AND ELECTRIC COMPANY  
           
    Date: May 26, 2026 By: /s/ Brian M. Wong  
        Name: Brian M. Wong  
        Title: Vice President, General Counsel and Corporate Secretary  

     

     

     

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