PEG.NYSEPublic Service Enterprise Group INC

Form 4: PSEG CEO LaRossa's Stock Withholding for Taxes

Sentiment:

Insider Transaction Report

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PSEG CEO Ralph A. LaRossa reported a disposition of 1,261 common shares on October 10, 2025, for FICA tax obligations.

Summary

  • Ralph A. LaRossa, Chair, President, and CEO of Public Service Enterprise Group Inc. (PEG), reported a transaction on October 10, 2025.
  • The transaction involved the disposition of 1,261 shares of Common Stock.
  • The shares were withheld by the Issuer to satisfy FICA taxes.
  • The price per share for the disposed securities was $80.65.
  • Following this transaction, LaRossa beneficially owns 218,659.4143 shares of Common Stock.
  • The reported beneficial ownership amount includes accumulated dividend reinvestments that are exempt from Section 16 reporting.

Sentiment

Score: 5

Explanation: The filing reports a routine, non-discretionary transaction for tax purposes, which is neutral in terms of company sentiment.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding the company's future performance or strategic direction.

Industry Context

This transaction is a routine insider filing, common in executive compensation structures where shares are withheld to cover tax obligations upon vesting or exercise of equity awards. It does not reflect a discretionary sale or a change in the executive's investment thesis in the company, but rather a standard administrative event.

Comparison to Industry Standards

  • The withholding of shares for tax purposes is a standard practice across industries for executives receiving equity compensation, aligning with typical corporate governance and tax compliance procedures.

Stakeholder Impact

  • Shareholders: Minimal to no direct impact as this is a routine, non-discretionary tax-related transaction by an executive, not indicative of a change in company fundamentals or executive confidence.

Key Dates

DateDescription
10/10/2025Date of transaction for the disposition of common stock.
10/14/2025Date the Statement of Changes in Beneficial Ownership was signed.

Recommendation

hold

This Form 4 reports a routine, non-discretionary disposition of shares for tax purposes, which does not indicate any change in the company's fundamentals or the executive's long-term view. Therefore, it does not warrant a change in investment recommendation.

Keywords

PSEG, PEG, Ralph A. LaRossa, Form 4, Insider Transaction, Stock Withholding, FICA Taxes, Executive Compensation

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