Form 4: PSEG Executive Sheila J. Rostiac Reports Stock Transactions
SEC Form 4 Filing
Sheila J. Rostiac, SVP HR & CHRO & CDO at Public Service Enterprise Group Inc. (PSEG), reports acquisition and disposal of common stock on February 28, 2025.
Summary
- On February 28, 2025, Sheila J. Rostiac, an officer of Public Service Enterprise Group Inc. (PSEG), acquired 10,740.743 shares of common stock at a price of $81.04.
- On the same day, Rostiac disposed of 5,342 shares of common stock at a price of $81.04.
- These transactions resulted in Rostiac beneficially owning 41,267.771 shares of PSEG common stock following the reported transactions.
- The transactions were related to the payment of vested Performance Share Units under the Long Term Incentive Plan.
Sentiment
Score: 5
Explanation: This is a standard regulatory filing related to stock transactions by an executive, and it doesn't inherently indicate positive or negative sentiment. It's a neutral disclosure.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is common practice for publicly traded companies. It provides transparency into the trading activities of company insiders.
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 acquisition and disposal. |
| 03/04/2025 | Date of signature by Attorney-in-fact. |
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