Form 4: PSEG Executive Grace Park Sells Shares

Grace H. Park, EVP and General Counsel of Public Service Enterprise Group Inc., reported a disposition of 131 common shares to cover tax withholding obligations.

Summary

• Grace H. Park, Executive Vice President and General Counsel of Public Service Enterprise Group Inc. (PEG), reported a transaction on September 16, 2025.
• Park disposed of 131 shares of Common Stock at a price of $83.21 per share.
• This disposition was made to satisfy tax withholding obligations, indicated by transaction code 'F'.
• Following this transaction, Park directly beneficially owns 7,695.498 shares of Common Stock.
• The reported amount of directly owned shares includes accumulated dividend reinvestments that are exempt from Section 16 reporting.
• The filing also corrected a previous omission, reflecting 5 previously unreported shares beneficially owned indirectly by Park through her spouse, which were inadvertently left out of her initial Form 3 filing.

Sentiment

Score: 5

Explanation: The filing reports a routine, non-discretionary disposition of shares to cover tax withholding obligations, which is a neutral event and does not reflect a change in the executive's confidence or the company's fundamentals.

Future Outlook

This Form 4 filing reports a past transaction and does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.

Industry Context

This filing is a routine insider transaction report and does not provide information that relates to broader industry trends or competitor activities. It reflects a standard executive compensation and tax compliance event within the utility sector.

Stakeholder Impact

• Shareholders: Minimal impact as this is a routine, non-discretionary transaction for tax purposes and does not signal a change in company fundamentals or executive sentiment.

Key Dates

Recommendation

The filing details a routine disposition of shares by an executive to cover tax withholding obligations, which is a common practice and does not indicate a change in the company's fundamentals or the executive's long-term view. No new information impacting the investment thesis is presented, thus a 'hold' recommendation is appropriate.

Keywords

PSEG, Grace H. Park, Form 4, Insider Transaction, Common Stock, Executive Share Sale, Tax Withholding