---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-26-006175"
form_type: "8-K"
ticker: "POR"
cik: "0000784977"
company_name: "PORTLAND GENERAL ELECTRIC CO /OR/"
filed_at: "2026-02-19T23:59:59+00:00"
generated_at: "2026-05-16T01:53:17.984327+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Portland General Electric prices 10.8M share forward sale at $50.70 for renewable investment

## Summary
- Priced public offering of 9,467,455 shares (10,848,125 including full over-allotment) at $50.70/share via forward sale with Wells Fargo and Bank of America.
- Company will not initially receive proceeds; expects to settle forward agreements by Feb 2028 and issue shares for cash.
- Net proceeds to be used for general corporate purposes and investment in renewable energy and dispatchable capacity from 2023 All-Source RFP.
- Forward purchasers borrowed and sold shares to underwriters; closing occurred Feb 19, 2026.

## SEC filing metadata
- accession: 0001140361-26-006175
- form_type: 8-K
- ticker: POR
- cik: 0000784977
- company_name: PORTLAND GENERAL ELECTRIC CO /OR/
- filed_at: 2026-02-19T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/784977/000114036126006175/0001140361-26-006175-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/784977/000114036126006175/ny20065377x5_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-26-006175
- JSON: https://secwatch.observer/filing/0001140361-26-006175.json
- Plain text: https://secwatch.observer/filing/0001140361-26-006175.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.