secwatch.observer — SEC 8-K summary
======================================

Issuer:     PORTLAND GENERAL ELECTRIC CO /OR/ (POR)
CIK:        0000784977
Form:       8-K
Filed at:   2022-10-28T23:59:59+00:00
Accession:  0001140361-22-038844
Event type: other_material
Sentiment:  neutral
Materiality: 0.75
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Portland General Electric enters forward sale agreements for up to 11.6M shares at $43/share
--------------------------------------------------------------------------------

- Entered forward sale agreements with Barclays and JPMorgan to sell up to 11,615,000 common shares at $43.00 per share.
- Underwriters exercised option to purchase all additional shares, bringing total offered to 11,615,000 shares.
- Offering closed on October 28, 2022; company expects to deliver shares upon physical settlement by October 25, 2024.
- Forward sale price equals public offering price less underwriting discount, subject to adjustments.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/784977/000114036122038844/0001140361-22-038844-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/784977/000114036122038844/ny20005428x3_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-22-038844

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer