PG&E 8-K 2026-06-01

Filed 2026-06-03. 1 sections, 7K characters. Original on sec.gov · Markdown · JSON

Form 8-K

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: June 1, 2026

(Date of earliest event reported)

Commission File NumberExact Name of Registrant as specified in its charterState or Other Jurisdiction of Incorporation or OrganizationIRS Employer Identification Number
001-12609PG&E CORPORATIONCalifornia94-3234914
001-02348PACIFIC GAS AND ELECTRIC COMPANYCalifornia94-0742640
LOGOLOGO
300 Lakeside Drive300 Lakeside Drive
Oakland, California 94612Oakland, 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 classTrading Symbol(s)Name of each exchange on which registered
Common stock, no par valuePCGThe New York Stock Exchange
First preferred stock, cumulative, par value $25 per share, 6% nonredeemablePCG-PANYSE American LLC
First preferred stock, cumulative, par value $25 per share, 5.50% nonredeemablePCG-PBNYSE American LLC
First preferred stock, cumulative, par value $25 per share, 5% nonredeemablePCG-PCNYSE American LLC
First preferred stock, cumulative, par value $25 per share, 5% redeemablePCG-PDNYSE American LLC
First preferred stock, cumulative, par value $25 per share, 5% series A redeemablePCG-PENYSE American LLC
First preferred stock, cumulative, par value $25 per share, 4.80% redeemablePCG-PGNYSE American LLC
First preferred stock, cumulative, par value $25 per share, 4.50% redeemablePCG-PHNYSE American LLC
First preferred stock, cumulative, par value $25 per share, 4.36% redeemablePCG-PINYSE American LLC
6.000% Series A Mandatory Convertible Preferred Stock, no par valuePCG-PrXThe 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 companyPG&E Corporation☐
Emerging growth companyPacific 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 8.01.Other Events

On June 1, 2026, Pacific Gas and Electric Company (the “Utility”) entered into an Underwriting Agreement for the issue and sale of (i) $800,000,000 aggregate principal amount of 5.050% First Mortgage Bonds due 2031 (the “2031 Bonds”), (ii) $800,000,000 aggregate principal amount of 5.600% First Mortgage Bonds due 2036 (the “2036 Bonds”) and (iii) $600,000,000 aggregate principal amount of 6.300% First Mortgage Bonds due 2056 (the “2056 Bonds”, together with the 2031 Bonds and the 2036 Bonds, the “Mortgage Bonds”). On June 3, 2026, the Utility completed the sale of the Mortgage Bonds. For further information concerning the Mortgage Bonds, refer to the exhibits attached to this report.

Item 9.01.Financial Statements and Exhibits

(d) Exhibits.

Exhibit No.Description
1.1Underwriting Agreement, dated as of June 1, 2026, by and among Pacific Gas and Electric Company, BNP Paribas Securities Corp., Citigroup Global Markets Inc., MUFG Securities Americas Inc. and RBC Capital Markets, LLC
4.1Thirty-Fourth Supplemental Indenture, dated as of June 3, 2026, between Pacific Gas and Electric Company and The Bank of New York Mellon Trust Company, N.A., as Trustee (including the forms of the Mortgage Bonds)
5.1Opinion of Hunton Andrews Kurth LLP, dated June 3, 2026
23.1Consent of Hunton Andrews Kurth LLP (included in Exhibit 5.1 above)
104Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document

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: June 3, 2026By:/s/ Carolyn J. Burke
Name:Carolyn J. Burke
Title:Executive Vice President and Chief Financial Officer
PACIFIC GAS AND ELECTRIC COMPANY
Date: June 3, 2026By:/s/ Stephanie N. Williams
Name:Stephanie N. Williams
Title:Vice President, Chief Financial Officer and Controller