Form 4: PSEG CFO Daniel Cregg Reports Routine Share Withholding

Sentiment:

Insider Transaction Report


PSEG Executive VP & CFO Daniel Cregg reported the disposition of 350 shares of common stock for tax withholding purposes at $80.65 per share, executed under a Rule 10b5-1 plan.

Summary

  • Daniel J. Cregg, Executive VP & CFO and Director of Public Service Enterprise Group Inc. (PEG), reported a transaction on October 10, 2025.
  • The transaction involved the disposition of 350 shares of PEG common stock, executed under a Rule 10b5-1 pre-arranged trading plan.
  • These shares were withheld by the Issuer to satisfy FICA taxes.
  • The price per share for the disposition was $80.65.
  • Following this transaction, Cregg beneficially owns 202,657.042 shares of common stock, which includes accumulated dividend reinvestments exempt from Section 16.

Sentiment

Score: 5

Explanation: This is a routine insider transaction for tax purposes, reflecting a standard compliance event rather than a strategic move or a change in company fundamentals. It has a neutral impact on sentiment.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

  • Shareholders: Minimal impact, as this is a routine adjustment to insider holdings for tax purposes and does not reflect a change in company strategy or financial health.

Key Dates

DateDescription
10/10/2025Date of earliest transaction (disposition of common stock)
10/14/2025Date the reporting person's signature was affixed to the filing

Recommendation

hold

The filing details a routine insider transaction for tax withholding purposes, executed under a Rule 10b5-1 plan. This event does not provide new material information regarding the company's operational performance, strategic direction, or financial health that would warrant a change in investment recommendation. Investors should maintain their current position based on broader company fundamentals.

Keywords

Public Service Enterprise Group, PEG, Form 4, Insider Transaction, Daniel J. Cregg, CFO, Share Disposition, Tax Withholding, Rule 10b5-1

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