Form 4: Public Service Enterprise Group Executive Kim C. Hanemann Acquires Shares

Kim C. Hanemann, President and COO of PSE&G, acquired 7,163 shares of Public Service Enterprise Group Inc. (PEG) common stock at $83.77 per share on February 11, 2025.

Summary

• On February 11, 2025, Kim C. Hanemann, President and COO of PSE&G, acquired 7,163 shares of Public Service Enterprise Group Inc. (PEG) common stock.
• The shares were acquired at a price of $83.77 per share.
• This acquisition was a 2025 Restricted Stock Unit grant under the 2021 Long-Term Incentive Plan.
• Following the transaction, Hanemann directly owns 75,398.516 shares of common stock.
• Hanemann also indirectly owns 8.6485 shares of common stock through a 401(k) plan.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine filing indicating an executive's stock acquisition, which can be seen as a positive sign of confidence, but it's not a major event.

Positives

• The acquisition of shares by a company executive can be seen as a positive sign, indicating confidence in the company's future performance.

Industry Context

Insider trading activity is closely monitored by regulators and investors as it can provide insights into the company's performance and future prospects. Form 4 filings are a routine part of this monitoring process.

Stakeholder Impact

• The acquisition of shares by a company executive can have a minor positive impact on shareholder confidence.

Key Dates

Keywords

Hanemann, Public Service Enterprise Group, PEG, stock acquisition, Form 4, insider trading, executive compensation, restricted stock units