01—Abstract
Summary
Summary of the 8-K filed May 26, 2026. Cited figures are marked; the original filing is the authoritative source.
PG&E Corporation and Pacific Gas and Electric Company held their joint annual meeting of shareholders on May 21, 2026, and this Current Report on Form 8-K, dated May 26, 2026, reports the voting results under Item 5.07.
The filing covers two sets of votes: one for PG&E Corporation shareholders and one for the Utility's shareholders. No other business items are reported in this filing. At PG&E Corporation, all 13 director nominees were elected.
Most nominees received well over 1.6 billion votes in favor, though several received substantially more votes against, including Jessica L. Denecour (1,654,081,012 for and 185,233,306 against). Shareholders approved the non-binding advisory vote on executive compensation with 1,670,209,325 votes for and 168,851,135 against, and ratified Deloitte & Touche LLP as the independent registered public accounting firm for 2026 with 1,799,578,512 votes for and 133,964,864 against.
At Pacific Gas and Electric Company, all 14 director nominees were elected, with the Utility's shares held entirely by PG&E Corporation's shareholders voting in the same meeting. The Utility's shareholders also approved the executive compensation advisory vote (266,658,227 for and 233,182 against) and ratified Deloitte & Touche LLP for 2026 (270,910,455 for and 240,220 against).
02—Key points
Key Highlights
- Joint annual shareholder meeting of PG&E Corporation and Pacific Gas and Electric Company held May 21, 2026.
- All 13 PG&E Corporation director nominees were elected; Jessica L. Denecour received 185,233,306 votes against, the highest opposition reported among the PG&E Corporation nominees.
- PG&E Corporation shareholders approved the non-binding advisory vote on executive compensation, with 1,670,209,325 votes for and 168,851,135 against.
- PG&E Corporation shareholders ratified Deloitte & Touche LLP as the independent registered public accounting firm for 2026 with 1,799,578,512 votes for and 133,964,864 against.
- All 14 Pacific Gas and Electric Company director nominees were elected, and the Utility's shareholders approved both the executive compensation vote and the Deloitte & Touche LLP ratification.
- Broker non-votes were 94,215,653 at PG&E Corporation and 4,341,224 at the Utility, and these count toward the quorum at each meeting.
03—Questions
Frequently Asked Questions
When and where did the shareholder votes take place?
The joint annual meeting of shareholders of PG&E Corporation and Pacific Gas and Electric Company was held on May 21, 2026. The filing reports the voting results for both registrants.
Were all director nominees elected?
Yes. All 13 PG&E Corporation director nominees and all 14 Pacific Gas and Electric Company director nominees were elected to serve until the next annual meeting or until their successors are elected and qualified.
Did shareholders approve executive compensation?
Yes. The non-binding advisory vote on executive compensation was approved at both PG&E Corporation (1,670,209,325 for and 168,851,135 against) and Pacific Gas and Electric Company (266,658,227 for and 233,182 against).
Which accounting firm was ratified for 2026?
Shareholders of both registrants ratified the appointment of Deloitte & Touche LLP as the independent registered public accounting firm for 2026.
What do broker non-votes mean in this filing?
The filing defines a broker non-vote as occurring when shares held by a broker for a beneficial owner are not voted because the broker did not receive voting instructions and lacked discretionary authority. Broker non-votes are counted when determining whether a quorum is present.
04—Continue