Form 4: PSEG COO Hanemann Reports Routine Stock Withholding for Taxes
Insider Transaction Report
PSEG President and COO Kim C. Hanemann reported the withholding of common stock shares to cover FICA tax obligations in a routine insider transaction.
Summary
- Kim C. Hanemann, President and COO of PSE&G, reported transactions involving Public Service Enterprise Group Inc. (PEG) common stock.
- On February 10, 2026, 477 shares of common stock were disposed of at a price of $82.31 per share.
- On February 11, 2026, an additional 363 shares of common stock were disposed of at the same price of $82.31 per share.
- These dispositions were withholdings by the Issuer to satisfy FICA tax obligations, as indicated by transaction code 'F'.
- Following these transactions, Kim C. Hanemann directly beneficially owns 82,978.084 shares of common stock.
- An additional 8.7731 shares are indirectly beneficially owned through a 401(k) plan.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this filing as neutral. It reports a routine, non-discretionary insider transaction for tax purposes and provides no new information regarding company performance or strategic direction.
Future Outlook
This filing does not contain any forward-looking statements or guidance.
Industry Context
StockSavvy.ai notes that this is a routine insider transaction common for executives receiving equity compensation, where a portion of shares is withheld by the company to cover statutory tax obligations like FICA. It does not reflect a discretionary sale or a change in the executive's investment thesis regarding the company, nor does it indicate any specific industry trends.
Stakeholder Impact
- Shareholders: Minimal to no direct impact, as this is a routine tax-related transaction and not a discretionary sale indicating a change in executive confidence.
- Employees: No direct impact beyond the reporting person.
Key Dates
| Date | Description |
|---|---|
| 02/10/2026 | Disposition of 477 common stock shares at $82.31 for FICA tax withholding. |
| 02/11/2026 | Disposition of 363 common stock shares at $82.31 for FICA tax withholding. |
| 02/12/2026 | Date the Form 4 was signed by Isabel Ryan, Attorney-in-Fact for Kim C. Hanemann. |
Keywords
Public Service Enterprise Group Inc, PEG, Kim C. Hanemann, insider transaction, Form 4, stock withholding, FICA taxes, common stock, executive compensation
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