Form 4: Public Service Enterprise Group Inc. Executive Reports Stock Disposal
SEC Form 4 Filing
Rose M. Chernick, Vice President and Controller of Public Service Enterprise Group Inc., reports the disposal of common stock to cover tax obligations.
Summary
- Rose M. Chernick, a Vice President and Controller at Public Service Enterprise Group Inc. (PEG), filed a Form 4 detailing changes in beneficial ownership.
- On February 13, 2025, Ms. Chernick disposed of 388 shares of common stock at a price of $83.30.
- This transaction was related to covering tax obligations.
- Following the transaction, Ms. Chernick directly owns 36,183.7232 shares of common stock and indirectly owns 2,488.5387 shares through a 401(k).
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a stock disposal for tax purposes, which is neither particularly positive nor negative.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to monitor potential alignment of interests between management and shareholders.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a small disposal of shares by an executive.
Key Dates
| Date | Description |
|---|---|
| 02/13/2025 | Date of stock disposal transaction. |
| 02/18/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Beneficial Ownership, Stock Disposal, Public Service Enterprise Group, PEG, Chernick, Insider Trading
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