Form 4: Public Service Enterprise Group SVP Acquires Shares Through Restricted Stock Unit Grant
SEC Form 4 Filing
Richard T. Thigpen, SVP of Corporate Citizenship at Public Service Enterprise Group Inc., acquired 2,149 shares of common stock through a restricted stock unit grant.
Summary
- Richard T. Thigpen, SVP Corporate Citizenship at Public Service Enterprise Group Inc. (PEG), reported a transaction on February 11, 2025.
- Thigpen acquired 2,149 shares of common stock at a price of $83.77 per share.
- This acquisition was a result of a 2025 Restricted Stock Unit grant under the 2021 Long-Term Incentive Plan.
- Following the transaction, Thigpen beneficially owns 28,087.662 shares of common stock, including accumulated dividend reinvestments.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it's a standard disclosure of an insider transaction. It doesn't inherently indicate positive or negative sentiment about the company's performance.
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
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a routine insider transaction.
Key Dates
| Date | Description |
|---|---|
| 02/11/2025 | Date of transaction: Richard T. Thigpen acquired shares of common stock. |
| 02/12/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Beneficial Ownership, Richard T. Thigpen, Public Service Enterprise Group, PEG, Restricted Stock Unit, Insider Trading
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.