Form 4: PSEG Executive Charles V. McFeaters Reports Stock Transactions
SEC Form 4 Filing
Charles V. McFeaters, President & CNO of PSEG Nuclear, reports acquisition and disposal of PSEG common stock on February 28, 2025, according to a Form 4 filing.
Summary
- On February 28, 2025, Charles V. McFeaters, President & CNO of PSEG Nuclear, reported transactions involving Public Service Enterprise Group Inc. (PSEG) common stock.
- McFeaters acquired 8,056.009 shares of common stock at a price of $81.04 per share.
- He also disposed of 3,423 shares of common stock at $81.04 per share.
- Following these transactions, McFeaters directly owns 25,883.934 shares and indirectly owns 7,362.7306 shares through a 401(k).
- The transactions relate to the payment of vested Performance Share Units under the Long Term Incentive Plan.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with neutral sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is common practice and required by the SEC to ensure transparency and prevent insider trading.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership, but it's unlikely to be significant.
Key Dates
| Date | Description |
|---|---|
| 02/28/2025 | Date of stock transactions (acquisition and disposal). |
| 03/04/2025 | Date of signature on the Form 4 filing. |
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