Form 4: Public Service Enterprise Group: Officer Kim C. Hanemann Reports Stock Disposal
SEC Filing
Kim C. Hanemann, President and COO of PSE&G, reports the disposal of 1,942 shares of Public Service Enterprise Group Inc. common stock on January 2, 2025, for tax purposes.
Summary
- On January 2, 2025, Kim C. Hanemann, President and COO of PSE&G, disposed of 1,942 shares of Public Service Enterprise Group Inc. (PEG) common stock.
- The transaction was reported on a Form 4 filing with the SEC.
- The shares were disposed of at a price of $84.48 per share.
- Following the transaction, Hanemann directly owns 68,069.233 shares of PEG common stock.
Sentiment
Score: 5
Explanation: Neutral. This is a standard SEC filing for an insider transaction and doesn't inherently convey positive or negative sentiment about the company.
Industry Context
This is a routine disclosure of an insider transaction and doesn't necessarily indicate a change in the company's prospects. Investors often monitor insider transactions for signals about a company's health, but single transactions are not always indicative of larger trends.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a personal financial decision by an executive.
Key Dates
| Date | Description |
|---|---|
| 01/02/2025 | Date of stock disposal transaction. |
| 01/03/2025 | Date of signature on the Form 4 filing. |
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