Form 4: PSEG CEO Ralph LaRossa Sells Shares on April 1, 2025
SEC Form 4 Filing
Ralph LaRossa, Chair, President, and CEO of Public Service Enterprise Group Inc. (PSEG), sold 1,378 shares of common stock at an average price of $82.8829 on April 1, 2025.
Summary
- On April 1, 2025, Ralph A. LaRossa, the Chair, President, and CEO of Public Service Enterprise Group Inc. (PSEG), sold 1,378 shares of common stock.
- The transaction was executed at a weighted average price of $82.8829, with prices ranging from $82.120 to $83.270.
- Following the transaction, LaRossa directly owns 221,669.8283 shares of PSEG common stock.
Sentiment
Score: 5
Explanation: Neutral. This is a standard disclosure of an insider stock sale. The size of the sale is relatively small compared to the total holdings, suggesting it's likely for personal financial reasons rather than a negative outlook on the company.
Industry Context
This is a routine disclosure of an insider transaction. It's common for executives to periodically sell shares for personal financial management.
Key Dates
| Date | Description |
|---|---|
| 04/01/2025 | Date of the stock sale transaction. |
| 04/02/2025 | Date of signature on the Form 4 filing. |
Keywords
PSEG, Ralph LaRossa, stock sale, Form 4, insider trading, common stock, securities
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