Form 4: Executive Sheila J. Rostiac Sells Public Service Enterprise Group Shares to Cover Tax Obligations
SEC Form 4 Filing
Sheila J. Rostiac, SVP HR & CHRO & CDO of Public Service Enterprise Group Inc., disposed of 442 shares of common stock on February 13, 2025, to cover tax obligations.
Summary
- On February 13, 2025, Sheila J. Rostiac, a Senior Vice President at Public Service Enterprise Group Inc. (PEG), disposed of 442 shares of common stock.
- The transaction was executed at a price of $83.3 per share.
- This disposal was related to covering tax obligations.
- Following the transaction, Rostiac directly owns 35,869.028 shares of Public Service Enterprise Group Inc.
Sentiment
Score: 5
Explanation: This is a neutral transaction related to tax obligations, with no indication of positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. The sale of shares to cover tax obligations is a common practice.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders as it is a routine sale of shares by an executive to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/13/2025 | Date of transaction: Sheila J. Rostiac disposed of shares. |
| 02/18/2025 | Date of signature by Attorney-in-fact. |
Keywords
Form 4, Beneficial Ownership, Public Service Enterprise Group, PEG, Sheila J. Rostiac, Insider Trading, Tax Obligations, Equity Securities
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