Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-07-28

Portland General Electric Co (POR)

Fiscal year 2025 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$7,583,877
Maria Pope total, FY2025
64th
CEO pay percentile vs peers
45:1
CEO-to-median pay ratio
96.04%
Say-on-pay support, latest vote
Companies that benchmark against POR
19 companies name POR as a compensation peer

Each company listed discloses POR in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named POR in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Maria Pope$1,205,111$0$4,549,047$0$1,235,019$158,970$435,730$7,583,877
President and Chief Executive Officer
Benjamin Felton735,50201,197,9440488,0624,017110,9852,536,510
Executive Vice President, Chief Operating Officer
Joseph Trpik690,7880956,9300454,61413688,2012,190,669
Senior Vice President, Finance and Chief Financial Officer
Martin Wyspianski340,659125,0001,115,6050302,9330177,2652,061,462
Vice President, Power Markets and Grid Operations and Planning
Angelica Espinosa596,5220907,1270381,8035,967100,5261,991,945
Senior Vice President, Chief Legal, Corporate Affairs and Compliance Officer

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY20242025
Maria Pope$7,583,877$7,367,025$6,965,757+216,852
Benjamin Felton2,536,5102,467,4723,133,619+69,038
Joseph Trpik2,190,669
Martin Wyspianski2,061,462
Angelica Espinosa1,991,9451,711,5441,462,473+280,401

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

02

Equity transactions since the proxy statement was filed

Every insider equity transaction reported on Form 4 after the 2025 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.

InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Robert HoglundDirector2026-05-01A519$50$25,810CommonForm 4 ↗
Joseph TrpikSVP, CFO2026-05-06D7,40049362,822CommonForm 4 ↗
Joseph TrpikSVP, CFO2026-05-06D100494,906CommonForm 4 ↗
Angelica EspinosaSVP, CLO, CCA & CC Officer2026-05-07D4,30049209,883CommonForm 4 ↗
Juan Diego GallegosVP, CHRO2026-05-08D2,75049133,856CommonForm 4 ↗
Robert HoglundDirector2026-05-11A2,0004997,600CommonForm 4 ↗
John Carter McFarlandSVP, Commercial & Customer2026-05-11D1,5714976,233CommonForm 4 ↗
John Carter McFarlandSVP, Commercial & Customer2026-05-11D8194939,730CommonForm 4 ↗
Renée J. JamesDirector2026-07-24A3,07352159,950CommonForm 4 ↗
Michael LewisDirector2026-07-24D1,5375279,663CommonForm 4 ↗
Robert HoglundDirector2026-07-24A3,07352159,950CommonForm 4 ↗
John O'LearyDirector2026-07-24A3,07352159,950CommonForm 4 ↗
Michael MilleganDirector2026-07-24A3,07352159,950CommonForm 4 ↗
Patricia Salas PinedaDirector2026-07-24A3,07352159,950CommonForm 4 ↗
Marie Oh HuberDirector2026-07-24A3,07352159,950CommonForm 4 ↗
Michael LewisDirector2026-07-24A3,07352159,950CommonForm 4 ↗
James TorgersonDirector2026-07-24A3,07352159,950CommonForm 4 ↗

Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.

03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Angelica EspinosaPSU2025-02-126,90013,79927,598$559,687
Angelica EspinosaRSU2025-01-102,46599,980
Joseph TrpikRSU2025-02-127,010293,369
Martin WyspianskiRSU2025-04-284,709195,000
Joseph TrpikPSU2025-02-128,18016,36032,720663,562
Maria PopeRSU2025-02-1233,3281,394,777
Angelica EspinosaRSU2025-02-125,913247,459
Martin WyspianskiRSU2025-04-2811,470474,973
Benjamin FeltonRSU2025-02-128,776367,276
Benjamin FeltonPSU2025-02-1210,24020,48040,960830,669
Maria PopePSU2025-02-1238,88477,768155,5363,154,270
Martin WyspianskiPSU2025-04-285,49410,98721,974445,633
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Angelica Espinosa$347,439$559,687$061.7%
Joseph Trpik293,369663,562069.3%
Martin Wyspianski669,973445,633039.9%
Maria Pope1,394,7773,154,270069.3%
Benjamin Felton367,276830,669069.3%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Benjamin FeltonPSU22,392$1,074,607
Joseph TrpikPSU11,292541,912
Joseph TrpikPSU17,888858,436
Angelica EspinosaRSU4,056194,639
Maria PopePSU14,922716,120
Angelica EspinosaPSU14,310686,715
Benjamin FeltonPSU21,2381,019,199
Martin WyspianskiPSU8,962430,089
Joseph TrpikRSU7,269348,857
Benjamin FeltonRSU6,398307,035
Angelica EspinosaRSU6,132294,264
Martin WyspianskiRSU1,28061,426
Maria PopeRSU24,3051,166,374
Maria PopeRSU34,5611,658,588
Maria PopePSU80,6453,870,171
Joseph TrpikPSU16,965814,165
Benjamin FeltonRSU9,101436,743
Martin WyspianskiRSU4,827231,665
Martin WyspianskiRSU7,426356,377
Maria PopeRSU2,132102,318
Joseph TrpikRSU1,61477,439
Angelica EspinosaPSU14,197681,304
Maria PopePSU85,0674,082,361
Benjamin FeltonPSU11,263540,519
Joseph TrpikRSU5,111245,267
05

Incentive-plan design — the Compensation Discussion & Analysis

The Compensation, Culture and Talent Committee's executive compensation philosophy is to manage total target direct compensation around the market 50th percentile, with individual differentiation that considers factors such as individual performance, experience, scope and impact of each role and individual skills and competencies.

CEO STI target (% of salary)120%
CEO LTI target (% of salary)
Independent consultantFW Cook
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingfalse
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-04-2489,407,1923,687,634166,60296.04%Passed
20252025-04-1894,306,9741,797,961355,42798.13%Passed
20242024-04-1989,402,7101,200,430476,37398.68%Passed
20232023-04-2177,706,4781,140,086394,59698.55%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20262026-04-2496.04%a
20252025-04-1898.13%b
20242024-04-1998.68%c

a. Approved under the standard stated in the filing — “However, an abstention with respect to a matter submitted to a vote of shareholders will not be counted for or against the matter.”.

b. Approved under the standard stated in the filing — “However, an abstention with respect to a matter submitted to a vote of shareholders will not be counted for or against the matter.”.

c. Approved under the standard stated in the filing — “However, an abstention with respect to a matter submitted to a vote of shareholders will not be counted for or against the matter.”.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

07

CEO pay ratio

Ratio (CEO : median employee)45 : 1
CEO total compensation$7,583,877
Median employee compensation$169,494
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
James TorgersonIndependent · Board Chair · Audit and Risk$237,500$154,997$0$0$0$392,497
Michael LewisIndependent · Compensation, Culture and Talent · Finance and Operations (Chair)132,500154,997000287,497
Michael MilleganIndependent · Audit and Risk (Chair) · Compensation, Culture and Talent132,500154,997000287,497
Marie Oh HuberIndependent · Audit and Risk · Nominating/Governance/Sustainability (Chair)130,000154,997000284,997
Patricia Salas PinedaIndependent · Audit and Risk · Compensation, Culture and Talent (Chair)130,000154,997000284,997
Kathryn JacksonIndependent · Finance and Operations · Nominating/Governance/Sustainability112,500154,997000267,497
John O'LearyIndependent · Audit and Risk · Finance and Operations112,500154,997000267,497
Dawn FarrellIndependent · Nominating/Governance/Sustainability83,750154,997000238,747
Renée J. JamesIndependent · Compensation, Culture and Talent · Finance and Operations · Newly elected57,500167,075000224,575
Robert HoglundIndependent · Audit and Risk · Compensation, Culture and Talent · Newly elected000000
Maria PopeEmployee director00000
09

Board fee structure and ownership guideline

Annual cash retainer$75,000
Annual equity retainer$155,000
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)20,000
Stock ownership guideline$375,000
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$1,128,750
Equity awards (grant-date value)$1,407,051
All other compensation$0
Total cost of the board$2,535,801

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10

Disclosed peer group — fiscal year 2025

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

10a

Peer reciprocity

Of the companies Portland General Electric Co names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including Portland General Electric Co.

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1NiSource, Inc.2025Lloyd Yates$1,191,667$9,619,864$0$2,261,784$13,197,800
2OGE Energy Corp.2025Sean Trauschke1,239,3725,811,82401,753,48712,032,007
3Evergy, Inc.2025David Campbell1,123,1427,004,44601,342,9699,537,018
4Alliant Energy Corporation2025Lisa Barton1,136,9375,471,25501,835,5638,999,073
5Portland General Electric Co2025Maria Pope1,205,1114,549,04701,235,0197,583,877
6IDACORP, Inc.2025Lisa Grow1,050,0002,942,30801,785,0017,529,892
7Black Hills Corporation2025Linden Evans995,5942,966,68801,294,8865,991,759
8NorthWestern Corporation2025Brian Bird921,2632,700,0220743,4005,016,745
9Avista Corporation2025Heather Rosentrater786,8452,653,7430897,7324,773,308
10TXNM Energy, Inc.2025Joseph Tarry839,4622,275,0110495,0583,903,948
11ALLETE, Inc. 12024Bethany Owen871,1751,378,13801,329,6923,720,063
12Pinnacle West Capital Corporation2025Robert Smith514,6581,360,231421,6092,708,803

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

10c

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
Portland General Electric Conot disclosedPSU 70 · RSU 30Yes — Relative Total Shareholder Return (TSR)FW Cook
ALLETE, Inc. 1153.2%PSU 75 · RSU 25Yes — Relative TSRPearl Meyer
Alliant Energy Corporation130%PSU 75 · RSU 25NoPay Governance LLC
Avista Corporation114%PSU 65 · RSU 35NoMeridian Compensation Partners
Black Hills Corporation118.4%PSU 60 · RSU 40Yes — Relative Total Shareholder Return (rTSR)Meridian
Evergy, Inc.95.5%PSU 70 · RSU 30Yes — Three Year Relative TSR versus Companies in the EEI IndexMeridian
IDACORP, Inc.170%PSU 67 · RSU 33Yes — TSRPay Governance
NiSource, Inc.146%PSU 80 · RSU 20Yes — Three-Year RTSRMeridian Compensation Partners
NorthWestern Corporation80%PSU 70 · RSU 30Yes — TSR relative to peer groupWillis Towers Watson (WTW)
OGE Energy Corp.118%PSU 65 · RSU 35NoMercer
Pinnacle West Capital Corporation197.5%PSU 70 · RSU 30Yes — Relative TSRFW Cook
TXNM Energy, Inc.50%PSU 70 · RSU 30Yes — Relative TSR GoalPay Governance

Read from each company's Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company's filing does not state the item.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Maria PopeDEF 14A2026-03-130000784977-26-000034Section “COMPENSATION TABLE” · page 67. As printed: 7,583,877. Filing ↗machine: r4 · c27 · span 2638140–2638149
2Section 01, Benjamin FeltonDEF 14A2026-03-130000784977-26-000034Section “COMPENSATION TABLE” · page 67. As printed: 2,536,510. Filing ↗machine: r10 · c27 · span 2714768–2714777
3Section 01, Joseph TrpikDEF 14A2026-03-130000784977-26-000034Section “COMPENSATION TABLE” · page 67. As printed: 2,190,669. Filing ↗machine: r7 · c27 · span 2676861–2676870
4Section 01, Martin WyspianskiDEF 14A2026-03-130000784977-26-000034Section “COMPENSATION TABLE” · page 67. As printed: 2,061,462. Filing ↗machine: r13 · c27 · span 2752764–2752773
5Section 01, Angelica EspinosaDEF 14A2026-03-130000784977-26-000034Section “COMPENSATION TABLE” · page 67. As printed: 1,991,945. Filing ↗machine: r14 · c27 · span 2765395–2765404
6Section 03, Angelica Espinosa PSUDEF 14A2026-03-130000784977-26-000034Section “PLAN-BASED AWARDS” · grants of plan-based awards table. Filing ↗machine: t185 · r20 · c29 · span 3215219–3215226
7Section 03, Angelica Espinosa RSUDEF 14A2026-03-130000784977-26-000034Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t185 · r21 · c23 · span 3226547–3226552
8Section 03, Joseph Trpik RSUDEF 14A2026-03-130000784977-26-000034Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t185 · r11 · c23 · span 3094451–3094456
9Section 03, Martin Wyspianski RSUDEF 14A2026-03-130000784977-26-000034Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t185 · r17 · c23 · span 3173814–3173819
10Section 03, Joseph Trpik PSUDEF 14A2026-03-130000784977-26-000034Section “PLAN-BASED AWARDS” · grants of plan-based awards table. Filing ↗machine: t185 · r10 · c29 · span 3083829–3083836
11Section 03, Maria Pope RSUDEF 14A2026-03-130000784977-26-000034Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t185 · r8 · c23 · span 3055248–3055254
12Section 03, Angelica Espinosa RSUDEF 14A2026-03-130000784977-26-000034Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t185 · r22 · c23 · span 3239657–3239662
13Section 03, Martin Wyspianski RSUDEF 14A2026-03-130000784977-26-000034Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t185 · r18 · c23 · span 3186093–3186099
14Section 03, Benjamin Felton RSUDEF 14A2026-03-130000784977-26-000034Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t185 · r14 · c23 · span 3133657–3133662
15Section 03, Benjamin Felton PSUDEF 14A2026-03-130000784977-26-000034Section “PLAN-BASED AWARDS” · grants of plan-based awards table. Filing ↗machine: t185 · r13 · c29 · span 3123035–3123042
16Section 03, Maria Pope PSUDEF 14A2026-03-130000784977-26-000034Section “PLAN-BASED AWARDS” · grants of plan-based awards table. Filing ↗machine: t185 · r7 · c29 · span 3044624–3044633
17Section 03, Martin Wyspianski PSUDEF 14A2026-03-130000784977-26-000034Section “PLAN-BASED AWARDS” · grants of plan-based awards table. Filing ↗machine: t185 · r16 · c29 · span 3162444–3162451
18Section 07, pay ratioDEF 14A2026-03-130000784977-26-000034Section “CEO Pay Ratio”. As printed: 45 : 1. Filing ↗
19Section 08, James TorgersonDEF 14A2026-03-130000784977-26-000034Section “Director Compensation”. As printed: 392,497. Filing ↗machine: t111 · r12 · c15 · span 1405922–1405929
20Section 08, Michael LewisDEF 14A2026-03-130000784977-26-000034Section “Director Compensation”. As printed: 287,497. Filing ↗machine: t111 · r8 · c15 · span 1376140–1376147
21Section 08, Michael MilleganDEF 14A2026-03-130000784977-26-000034Section “Director Compensation”. As printed: 287,497. Filing ↗machine: t111 · r9 · c15 · span 1383251–1383258
22Section 08, Marie Oh HuberDEF 14A2026-03-130000784977-26-000034Section “Director Compensation”. As printed: 284,997. Filing ↗machine: t111 · r5 · c15 · span 1354130–1354137
23Section 08, Patricia Salas PinedaDEF 14A2026-03-130000784977-26-000034Section “Director Compensation”. As printed: 284,997. Filing ↗machine: t111 · r11 · c15 · span 1397843–1397850
24Section 08, Kathryn JacksonDEF 14A2026-03-130000784977-26-000034Section “Director Compensation”. As printed: 267,497. Filing ↗machine: t111 · r6 · c15 · span 1361665–1361672
25Section 08, John O'LearyDEF 14A2026-03-130000784977-26-000034Section “Director Compensation”. As printed: 267,497. Filing ↗machine: t111 · r10 · c15 · span 1390358–1390365
26Section 08, Dawn FarrellDEF 14A2026-03-130000784977-26-000034Section “Director Compensation”. As printed: 238,747. Filing ↗machine: t111 · r4 · c15 · span 1346646–1346653
27Section 08, Renée J. JamesDEF 14A2026-03-130000784977-26-000034Section “Director Compensation”. As printed: 224,575. Filing ↗machine: t111 · r7 · c15 · span 1369032–1369039
28Section 08, Robert HoglundDEF 14A2026-03-130000784977-26-000034Section “Director Compensation”. As printed: 0. Filing ↗
29Section 08, Maria PopeDEF 14A2026-03-130000784977-26-000034Section “Director Compensation”. As printed: 0. Filing ↗
30Section 02, Robert Hoglund 2026-05-01Form 42026-05-050000784977-26-000042Insider equity transaction reported since the proxy statement. Filing ↗
31Section 02, Joseph Trpik 2026-05-06Form 42026-05-080001926657-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
32Section 02, Joseph Trpik 2026-05-06Form 42026-05-080001926657-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
33Section 02, Angelica Espinosa 2026-05-07Form 42026-05-080001915978-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
34Section 02, Juan Diego Gallegos 2026-05-08Form 42026-05-120000784977-26-000044Insider equity transaction reported since the proxy statement. Filing ↗
35Section 02, Robert Hoglund 2026-05-11Form 42026-05-120000784977-26-000046Insider equity transaction reported since the proxy statement. Filing ↗
36Section 02, John Carter McFarland 2026-05-11Form 42026-05-120001771979-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
37Section 02, John Carter McFarland 2026-05-11Form 42026-05-120001771979-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
38Section 02, Renée J. James 2026-07-24Form 42026-07-280001193125-26-321440Insider equity transaction reported since the proxy statement. Filing ↗
39Section 02, Michael Lewis 2026-07-24Form 42026-07-280001423238-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
40Section 02, Robert Hoglund 2026-07-24Form 42026-07-280000784977-26-000048Insider equity transaction reported since the proxy statement. Filing ↗
41Section 02, John O'Leary 2026-07-24Form 42026-07-280001999525-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
42Section 02, Michael Millegan 2026-07-24Form 42026-07-280001689926-26-000003Insider equity transaction reported since the proxy statement. Filing ↗
43Section 02, Patricia Salas Pineda 2026-07-24Form 42026-07-280001769208-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
44Section 02, Marie Oh Huber 2026-07-24Form 42026-07-280001471619-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
45Section 02, Michael Lewis 2026-07-24Form 42026-07-280001423238-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
46Section 02, James Torgerson 2026-07-24Form 42026-07-280001350761-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
47Section 06, 2026 voteForm 8-K2026-04-280001193125-26-187269Item 5.07 · say-on-pay result. As reported: 96.04% (votes for as printed: 89,407,192). Filing ↗
48Section 06, 2025 voteForm 8-K2025-04-230000784977-25-000070Item 5.07 · say-on-pay result. As reported: 98.13% (votes for as printed: 94,306,974). Filing ↗
49Section 06, 2024 voteForm 8-K2024-04-240000784977-24-000079Item 5.07 · say-on-pay result. As reported: 98.68% (votes for as printed: 89,402,710). Filing ↗
50Section 01 trend, Δ column (computed)ComputedcomputedΔ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
51Section 03b vehicle mix (computed)ComputedcomputedRSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
52Section 09b board cost (computed)ComputedcomputedCash 1,128,750 + equity 1,407,051 + all other 0 = 2,535,801, summed across the director compensation table rows.machine: formula: Σ = 2,535,801
53NiSource, Inc., Section 10b CEO totalDEF 14A2026-03-300001140361-26-011851CEO total compensation as printed in NiSource, Inc.'s own proxy. As printed: 13,197,800. Filing ↗machine: t253 · r2 · c22 · span 1412582–1412592
54OGE Energy Corp., Section 10b CEO totalDEF 14A2026-04-010001193125-26-138065CEO total compensation as printed in OGE Energy Corp.'s own proxy. As printed: 12,032,007. Filing ↗machine: span 979637–979647
55Evergy, Inc., Section 10b CEO totalDEF 14A2026-03-260001140361-26-011357CEO total compensation as printed in Evergy, Inc.'s own proxy. As printed: 9,537,018. Filing ↗machine: r2 · c25 · span 1518390–1518399
56Alliant Energy Corporation, Section 10b CEO totalDEF 14A2026-03-310000352541-26-000025CEO total compensation as printed in Alliant Energy Corporation's own proxy. As printed: 8,999,073. Filing ↗machine: r2 · c27 · span 489074–489084
57Portland General Electric Co (subject), Section 10b CEO totalDEF 14A2026-03-130000784977-26-000034CEO total compensation as printed in Portland General Electric Co's own proxy. As printed: 7,583,877. Filing ↗machine: r4 · c27 · span 2638140–2638149
58IDACORP, Inc., Section 10b CEO totalDEF 14A2026-04-020001057877-26-000091CEO total compensation as printed in IDACORP, Inc.'s own proxy. As printed: 7,529,892. Filing ↗machine: t35 · r2 · c9 · span 715958–715967
59Black Hills Corporation, Section 10b CEO totalDEF 14A2026-03-180001193125-26-113958CEO total compensation as printed in Black Hills Corporation's own proxy. As printed: 5,991,759. Filing ↗machine: t83 · r2 · c21 · span 1356271–1356280
60NorthWestern Corporation, Section 10b CEO totalDEF 14A2026-03-120001993004-26-000018CEO total compensation as printed in NorthWestern Corporation's own proxy. As printed: 5,016,745. Filing ↗machine: t153 · r3 · c19 · span 752129–752138
61Avista Corporation, Section 10b CEO totalDEF 14A2026-04-010001193125-26-138034CEO total compensation as printed in Avista Corporation's own proxy. As printed: 4,773,308. Filing ↗machine: span 842223–842232
62TXNM Energy, Inc., Section 10b CEO totalDEF 14A2026-04-280001108426-26-000020CEO total compensation as printed in TXNM Energy, Inc.'s own proxy. As printed: 3,903,948. Filing ↗machine: t44 · r7 · c16 · span 791496–791505
63ALLETE, Inc. 1, Section 10b CEO totalDEF 14A2025-03-310000066756-25-000043CEO total compensation as printed in ALLETE, Inc. 1's own proxy. As printed: 3,720,063. Filing ↗machine: t44 · r6 · c9 · span 830445–830454
64Pinnacle West Capital Corporation, Section 10b CEO totalDEF 14A2026-04-030001628280-26-023516CEO total compensation as printed in Pinnacle West Capital Corporation's own proxy. As printed: 2,708,803. Filing ↗machine: r20 · c24 · span 1860400–1860409
65Section 10a, Alliant Energy Corporation reciprocityDEF 14A0000352541-26-000025Alliant Energy Corporation names Portland General Electric Co in its own disclosed peer group (read from its most recent proxy). Filing ↗
66Section 10a, TXNM Energy, Inc. reciprocityDEF 14A0001108426-26-000020TXNM Energy, Inc. names Portland General Electric Co in its own disclosed peer group (read from its most recent proxy). Filing ↗
67Section 10a, NiSource, Inc. reciprocityDEF 14A0001140361-26-011851NiSource, Inc.'s most recent proxy was read; its disclosed peer group does not include Portland General Electric Co. Filing ↗
68Section 10a, IDACORP, Inc. reciprocityDEF 14A0001057877-26-000091IDACORP, Inc. names Portland General Electric Co in its own disclosed peer group (read from its most recent proxy). Filing ↗
69Section 10a, OGE Energy Corp. reciprocityDEF 14A0001193125-26-138065OGE Energy Corp. names Portland General Electric Co in its own disclosed peer group (read from its most recent proxy). Filing ↗
70Section 10a, Avista Corporation reciprocityDEF 14A0001193125-26-138034Avista Corporation names Portland General Electric Co in its own disclosed peer group (read from its most recent proxy). Filing ↗
71Section 10a, NorthWestern Corporation reciprocityDEF 14A0001993004-26-000018NorthWestern Corporation names Portland General Electric Co in its own disclosed peer group (read from its most recent proxy). Filing ↗
72Section 10a, Evergy, Inc. reciprocityDEF 14A0001140361-26-011357Evergy, Inc. names Portland General Electric Co in its own disclosed peer group (read from its most recent proxy). Filing ↗
73Section 10a, Pinnacle West Capital Corporation reciprocityDEF 14A0001628280-26-023516Pinnacle West Capital Corporation's most recent proxy was read; its disclosed peer group does not include Portland General Electric Co. Filing ↗
74Section 10a, ALLETE, Inc. 1 reciprocityDEF 14A0000066756-25-000043ALLETE, Inc. 1 names Portland General Electric Co in its own disclosed peer group (read from its most recent proxy). Filing ↗
75Section 10a, Black Hills Corporation reciprocityDEF 14A0001193125-26-113958Black Hills Corporation names Portland General Electric Co in its own disclosed peer group (read from its most recent proxy). Filing ↗