Chernick Rose M 4

What Happened
Rose M. Chernick, Vice President and Controller of Public Service Enterprise Group (PEG), had a total of 263 shares withheld by the issuer to satisfy tax obligations related to option activity. The filing shows 151 shares withheld on 2026-02-10 at $82.31 each ($12,429) and 112 shares withheld on 2026-02-11 at $82.31 each ($9,219), for a combined value of about $21,648. This is a routine tax-withholding disposal (not an open-market sale).

Key Details

• Transaction dates and prices: 2026-02-10 — 151 shares @ $82.31; 2026-02-11 — 112 shares @ $82.31.
• Total shares withheld/disposed: 263 shares; total value ≈ $21,648.
• Shares owned after transaction: Not specified in the filing.
• Footnote: F1 — issuer withheld shares to satisfy FICA taxes. Transaction code F indicates tax withholding.
• Timeliness: Form 4 filed 2026-02-12 covering Feb 10–11 transactions; filing appears to be within the standard 2-business-day window.

Context
This was a tax-withholding event tied to derivative/option activity (shares surrendered/withheld to cover taxes), a common administrative step and not necessarily a market sentiment signal. For retail investors, outright purchases by insiders typically carry clearer bullish signals than routine withholdings like this.