PG&E Corp. Seeks Shareholder Vote Approval
Ticker: PCG-PX · Form: 8-K · Filed: May 20, 2024 · CIK: 1004980
| Field | Detail |
|---|---|
| Company | Pg&E Corp (PCG-PX) |
| Form Type | 8-K |
| Filed Date | May 20, 2024 |
| Risk Level | low |
| Pages | 4 |
| Reading Time | 5 min |
| Key Dollar Amounts | $25 |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-governance, shareholder-vote
Related Tickers: PCG
TL;DR
PG&E Corp. is asking shareholders to vote on important company matters.
AI Summary
On May 16, 2024, PG&E Corp. filed an 8-K report detailing the submission of matters to a vote of its security holders. The filing indicates that the company is seeking approval from its shareholders on certain proposals, though the specifics of these proposals are not detailed in this summary document. The report was officially filed with the SEC on May 20, 2024.
Why It Matters
This filing signals that PG&E Corp. is engaging its shareholders in corporate decision-making, which could impact future company strategy and governance.
Risk Assessment
Risk Level: low — The filing is a routine procedural update regarding shareholder votes and does not disclose any immediate financial risks or significant operational changes.
Key Players & Entities
- PG&E Corp. (company) — Filer of the 8-K report
- PACIFIC GAS & ELECTRIC Co (company) — Related entity to PG&E Corp.
- May 16, 2024 (date) — Date of the reported event
- May 20, 2024 (date) — Filing date of the 8-K report
FAQ
What specific matters are PG&E Corp.'s security holders being asked to vote on?
The provided filing summary does not specify the exact proposals or matters that PG&E Corp.'s security holders are being asked to vote on.
When did the events related to the shareholder vote submission occur?
The submission of matters to a vote of security holders occurred on May 16, 2024.
When was this 8-K filing officially submitted to the SEC?
This 8-K filing was officially submitted to the SEC on May 20, 2024.
What is the primary purpose of this 8-K filing?
The primary purpose of this 8-K filing is to report the submission of matters to a vote of PG&E Corp.'s security holders.
Does the filing mention any specific financial figures or dollar amounts related to the shareholder vote?
No, the provided filing summary does not mention any specific financial figures or dollar amounts related to the shareholder vote.
Filing Stats: 1,132 words · 5 min read · ~4 pages · Grade level 11 · Accepted 2024-05-20 16:15:13
Key Financial Figures
- $25 — preferred stock, cumulative, par value $25 per share, 6% nonredeemable PCG-PA NY
Filing Documents
- pcg-8k_051624.htm (8-K) — 92KB
- image_001.gif (GRAPHIC) — 5KB
- image_002.gif (GRAPHIC) — 6KB
- 0001999371-24-006337.txt ( ) — 399KB
- pcg-20240516.xsd (EX-101.SCH) — 6KB
- pcg-20240516_def.xml (EX-101.DEF) — 31KB
- pcg-20240516_lab.xml (EX-101.LAB) — 42KB
- pcg-20240516_pre.xml (EX-101.PRE) — 29KB
- pcg-8k_051624_htm.xml (XML) — 17KB
07 Submission of Matters to a Vote of Security Holders
Item 5.07 Submission of Matters to a Vote of Security Holders On May 16, 2024, 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 1,862,779,452 4,317,640 667,027 63,122,830 Cheryl F. Campbell 1,831,178,287 35,941,036 644,796 63,122,830 Edward G. Cannizzaro 1,849,337,231 17,733,097 693,791 63,122,830 Kerry W. Cooper 1,846,314,413 20,778,285 671,421 63,122,830 Jessica L. Denecour 1,727,496,048 139,641,086 626,985 63,122,830 Mark E. Ferguson III 1,765,174,242 101,929,143 660,734 63,122,830 Robert C. Flexon 1,839,991,434 27,064,005 708,680 63,122,830 W. Craig Fugate 1,808,928,944 56,940,377 1,894,798 63,122,830 Arno L. Harris 1,808,858,770 57,061,324 1,844,025 63,122,830 Carlos M. Hernandez 1,862,383,652 4,687,446 693,021 63,122,830 Michael R. Niggli 1,834,530,476 32,525,620 708,023 63,122,830 Patricia K. Poppe 1,863,252,613 3,938,592 572,914 63,122,830 William L. Smith 1,863,439,522 3,660,709 663,888 63,122,830 Benjamin F. Wilson 1,807,986,225 57,882,786 1,895,108 63,122,830 (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
SIGNATURES
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 20, 2024 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 20, 2024 By: /s/ Brian M. Wong Name: Brian M. Wong Title: Vice President, General Counsel and Corporate Secretary