Form 4: Public Service Enterprise Group Executive Kim C. Hanemann Reports Stock Transactions

Kim C. Hanemann, President and COO of PSE&G, reports acquisition and disposal of Public Service Enterprise Group Inc. stock on March 1, 2024, according to a Form 4 filing.

Summary

• Kim C. Hanemann, President and COO of PSE&G, reported transactions involving Public Service Enterprise Group Inc. (PEG) common stock on March 1, 2024.
• The transactions included the acquisition of 3,855.864 shares at $62 and 1,891.077 shares at $62.
• Hanemann also disposed of 746 shares and 1,973 shares at $62.
• Following these transactions, Hanemann directly owns 69,459.476 shares and indirectly owns 905.0507 shares through a 401(k).
• The transactions relate to the payment of vested Performance Share Units under the Long Term Incentive Plan.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, which is common in publicly traded companies. It provides transparency into the executive's holdings and transactions in the company's stock.

Stakeholder Impact

• The filing provides transparency to shareholders regarding executive stock transactions.

Key Dates