Form 4: PSEG Director Barry H. Ostrowsky Reports Acquisition of Restricted Stock Units

Director Barry H. Ostrowsky reports acquisition of restricted stock units in Public Service Enterprise Group Inc.

Summary

• Barry H. Ostrowsky, a director of Public Service Enterprise Group Inc. (PSEG), filed a Form 4 indicating a transaction involving restricted stock units.
• On May 1, 2025, Ostrowsky acquired 2,289 restricted stock units, which convert to common stock on a one-for-one basis.
• The price of the restricted stock units is $78.66.
• Following the transaction, Ostrowsky beneficially owns 22,681.207 shares, including accumulated dividend reinvestment equivalents.
• The restricted stock units are subject to forfeiture if the director leaves service and are paid in shares of common stock after termination of service.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects standard executive compensation practices and insider confidence. The acquisition of stock units is generally viewed as a positive sign.

Positives

• The acquisition of restricted stock units by a director signals confidence in the company's future performance.

Industry Context

This filing is a routine disclosure related to executive compensation and is common among publicly traded companies. It provides transparency into the equity holdings of company directors.

Comparison to Industry Standards

• Equity compensation plans for outside directors are a standard practice in publicly traded companies like PSEG.
• Companies such as Exelon, Duke Energy, and NextEra Energy also utilize restricted stock units as part of their director compensation packages.
• The vesting schedules and terms of these units are generally aligned with industry norms to incentivize long-term value creation.

Stakeholder Impact

• The acquisition of restricted stock units by a director can positively influence shareholder sentiment by aligning director interests with shareholder value.

Key Dates

Keywords

Form 4, restricted stock units, PSEG, director, Barry H. Ostrowsky, equity compensation, beneficial ownership