Form 4: PSEG Executive Sells Shares for Tax Obligations
Insider Transaction Report
Grace H. Park, EVP and General Counsel of Public Service Enterprise Group Inc., disposed of 634 shares of common stock 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 January 1, 2026.
- The transaction involved the disposition of 634 shares of Common Stock at a price of $80.66 per share.
- This disposition was made to the issuer to satisfy tax withholding obligations, indicated by transaction code 'F'.
- The transaction was made pursuant to a Rule 10b5-1(c) pre-arranged plan.
- Following this transaction, Ms. Park directly beneficially owns 7,101.925 shares of Common Stock.
- Additionally, 5 shares are indirectly beneficially owned by her spouse.
- The reported amount of beneficially owned securities includes accumulated dividend reinvestments that are exempt from Section 16 reporting.
Sentiment
Score: 5
Explanation: The filing reports a routine, non-discretionary disposition of shares for tax withholding purposes, which is a neutral event from an investment sentiment perspective. It does not indicate positive or negative company performance or executive confidence.
Future Outlook
This filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.
Industry Context
This type of insider transaction, specifically a disposition of shares to cover tax withholding obligations, is a routine event across all industries for executives who receive equity-based compensation. It does not typically reflect a change in the company's operational performance or strategic direction.
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 confidence.
- Employees: No direct impact mentioned.
Key Dates
| Date | Description |
|---|---|
| 01/01/2026 | Date of transaction for the disposition of common stock. |
| 01/05/2026 | Date the Form 4 was signed and filed. |
Keywords
PSEG, PEG, Form 4, Insider Transaction, Stock Sale, Executive Compensation, Tax Withholding, Grace H. Park
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