secwatch.observer — SEC 8-K summary
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Issuer:     PORTLAND GENERAL ELECTRIC CO /OR/ (POR)
CIK:        0000784977
Form:       8-K
Filed at:   2026-02-19T23:59:59+00:00
Accession:  0001140361-26-006175
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/784977/000114036126006175/0001140361-26-006175-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/784977/000114036126006175/ny20065377x5_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-26-006175

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