Form 4: PSEG Officer Sells Shares for Tax Obligations
Insider Transaction Report
Charles V. McFeaters, President & CNO of PSEG Nuclear, disposed of 1,346 shares of common stock on January 1, 2026, to satisfy tax withholding obligations.
Summary
- Charles V. McFeaters, President & CNO of PSEG Nuclear, reported transactions involving Public Service Enterprise Group Inc. (PEG) common stock.
- On January 1, 2026, McFeaters disposed of 597 shares and 749 shares of common stock, totaling 1,346 shares.
- These dispositions were made at a price of $80.66 per share and are identified by transaction code "F," indicating a payment of tax liability by the issuer.
- The transactions were made pursuant to a Rule 10b5-1(c) plan.
- Following these transactions, McFeaters directly beneficially owns 25,565.54 shares and 24,816.54 shares (the latter includes accumulated dividend reinvestments).
- Additionally, McFeaters indirectly beneficially owns 7,587.8445 shares through a 401(k) plan.
Sentiment
Score: 5
Explanation: The filing reports a routine insider transaction (disposition of shares for tax liability) and does not indicate any positive or negative sentiment regarding the company's performance or outlook.
Future Outlook
The filing does not contain any forward-looking statements or guidance.
Industry Context
This Form 4 filing reports a routine insider transaction for tax purposes and does not provide information relevant to broader industry trends or competitive analysis within the utilities sector.
Stakeholder Impact
- Minimal impact on shareholders as this is a routine, pre-scheduled transaction by an officer to cover tax obligations, not indicative of a change in company fundamentals or management's confidence.
Key Dates
| Date | Description |
|---|---|
| 01/01/2026 | Date of earliest transaction for disposition of common stock. |
| 01/05/2026 | Date the Form 4 was signed by Attorney-in-Fact. |
Keywords
PSEG, PEG, Insider Transaction, Form 4, Charles V. McFeaters, Common Stock, Tax Liability, 10b5-1 Plan, Officer Stock Sale
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