Form 4: PSEG Executive Sells Shares for Tax Obligations

Sheila J. Rostiac, SVP HR & CHRO & CDO at Public Service Enterprise Group Inc., disposed of 140 shares of common stock to cover FICA tax obligations.

Summary

• Sheila J. Rostiac, a Senior Vice President, Chief Human Resources Officer, and Chief Diversity Officer at Public Service Enterprise Group Inc. (PEG), reported a transaction on October 10, 2025.
• The transaction involved the disposition of 140 shares of Common Stock at a price of $80.65 per share.
• This disposition was a withholding of shares by the Issuer to satisfy FICA taxes, indicating a non-discretionary sale related to compensation.
• Following this transaction, Ms. Rostiac beneficially owns 41,359.296 shares of Common Stock.
• The reported beneficial ownership amount includes accumulated dividend reinvestments that are exempt from Section 16 reporting requirements.
• The transaction was made pursuant to a contract, instruction, or written plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Sentiment

Score: 5

Explanation: The transaction is a neutral event, representing a non-discretionary sale of shares to cover tax liabilities associated with compensation, rather than a discretionary investment decision by the executive.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding the company's future performance or strategic direction.

Industry Context

This specific insider transaction is a routine event related to executive compensation and tax obligations, and does not provide broader insights into industry trends or competitive landscape for the utility sector.

Stakeholder Impact

• Shareholders: Minimal impact as this is a small, routine, non-discretionary transaction by an executive for tax purposes, not indicative of a change in company fundamentals or executive confidence.

Key Dates

Recommendation

This Form 4 reports a routine, non-discretionary sale of shares by an executive to cover tax obligations related to compensation. It does not indicate any change in the company's fundamentals or the executive's confidence in the company, thus a 'hold' recommendation remains appropriate based solely on this filing.

Keywords

PEG, Public Service Enterprise Group, Form 4, Insider Transaction, Share Sale, Tax Withholding, Sheila J. Rostiac, Executive Compensation