Form 4: PSEG CEO LaRossa Disposes Shares for Tax Obligations

Sentiment:

Insider Transaction Report


Ralph A. LaRossa, Chair, President, and CEO of Public Service Enterprise Group Inc. (PEG), reported the disposition of common stock to satisfy FICA tax liabilities.

Summary

  • Ralph A. LaRossa, the Chair, President, and CEO of Public Service Enterprise Group Inc. (PEG), reported two transactions involving the disposition of common stock.
  • On February 10, 2026, 2,844 shares of common stock were disposed of at a price of $82.31 per share.
  • On February 11, 2026, an additional 2,496 shares of common stock were disposed of at the same price of $82.31 per share.
  • These dispositions were identified with transaction code 'F', indicating withholdings by the Issuer to satisfy FICA taxes.
  • Following the first transaction, LaRossa's direct beneficial ownership was 197,799.1913 shares.
  • After the second transaction, the direct beneficial ownership decreased to 195,303.1913 shares.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event. The disposition of shares is a non-discretionary transaction to cover tax liabilities associated with equity compensation, which is a standard practice for executives.

Future Outlook

This filing does not contain any forward-looking statements or guidance.

Industry Context

StockSavvy.ai notes that insider transactions, particularly those coded 'F' for tax withholdings, are routine events in the utility sector and generally do not reflect a change in management's outlook on the company's prospects. Such transactions are common when executives receive equity compensation that vests.

Stakeholder Impact

  • Shareholders: Minimal impact as this is a routine, non-discretionary transaction for tax purposes and does not signal a change in management's confidence or company fundamentals.

Key Dates

DateDescription
02/10/2026Date of disposition of 2,844 shares of common stock.
02/11/2026Date of disposition of 2,496 shares of common stock.
02/12/2026Date the Form 4 was signed by Isabel Ryan, as Attorney-in-Fact for Ralph A. LaRossa.

Keywords

Public Service Enterprise Group, PEG, Ralph A. LaRossa, Form 4, Insider Transaction, Common Stock, Tax Withholding, FICA Taxes

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