Form 4: PSEG SVP Thigpen Sells Shares for Tax Obligations

Richard T. Thigpen, SVP Corporate Citizenship at Public Service Enterprise Group Inc., disposed of 836 shares of common stock to cover tax liabilities.

Summary

• Richard T. Thigpen, SVP Corporate Citizenship at Public Service Enterprise Group Inc. (PEG), reported a disposition of common stock.
• The transaction involved 836 shares of common stock.
• The shares were disposed of at a price of $80.66 per share.
• This transaction occurred on January 1, 2026.
• Following this transaction, Thigpen beneficially owns 25,512.029 shares of PEG common stock directly.
• The disposition was coded as 'F', indicating a payment of tax liability by delivering or withholding securities incident to the receipt, exercise, or vesting of a security or restricted stock.
• The reported beneficial ownership includes accumulated dividend reinvestments that are exempt from Section 16.

Sentiment

Score: 5

Explanation: A neutral score as this is a routine tax-related disposition of shares by an insider, not indicative of strong positive or negative sentiment regarding the company's future performance.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders may note a minor reduction in insider ownership, though this specific transaction is typically for tax purposes and not a signal of lack of confidence.

Key Dates

Recommendation

The transaction is a routine disposition of shares by an SVP to cover tax liabilities, which is a common occurrence and does not typically signal a change in the company's fundamental outlook or warrant a change in investment recommendation. The volume is not significant enough to suggest a lack of confidence.

Keywords

Public Service Enterprise Group, PEG, Richard T. Thigpen, Insider Trading, Form 4, Stock Sale, SVP Corporate Citizenship, Utility Sector