Form 4: PSEG CFO Sells Shares for Tax Obligations
Insider Transaction Disclosure
Daniel J. Cregg, Executive VP & CFO of Public Service Enterprise Group Inc., disposed of shares to satisfy FICA tax obligations.
Summary
- Daniel J. Cregg, Executive VP & CFO of Public Service Enterprise Group Inc. (PEG), reported transactions involving the disposition of common stock.
- On February 10, 2026, 838 shares of common stock were disposed of at a price of $82.31 per share.
- On February 11, 2026, an additional 693 shares of common stock were disposed of at a price of $82.31 per share.
- These transactions represent withholdings by the Issuer to satisfy FICA taxes.
- Following these transactions, Mr. Cregg beneficially owns 181,997.499 shares of common stock directly.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event, typical for executive compensation and tax compliance, with no direct implications for the company's operational or financial performance.
Future Outlook
NA
Industry Context
StockSavvy.ai notes that insider transactions, particularly those related to tax obligations, are common and generally do not reflect a change in an executive's outlook on the company's fundamentals or future performance. This is a routine compliance filing for an executive at a utility company.
Stakeholder Impact
- Minimal impact on shareholders as this is a routine, tax-related disposition of a small fraction of the executive's total holdings.
- No direct impact on employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 02/10/2026 | Date of first reported transaction (disposition of 838 shares) |
| 02/11/2026 | Date of second reported transaction (disposition of 693 shares) |
| 02/12/2026 | Date the Form 4 was signed by Attorney-in-Fact |
Keywords
Public Service Enterprise Group, PEG, Daniel J. Cregg, Insider Trading, Form 4, Executive Compensation, Stock Disposition, FICA Taxes
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.