PUBLIC SERVICE ENTERPRISE GROUP INC·4

Feb 12, 7:16 PM ET

Cregg Daniel J 4

Research Summary

AI-generated summary

Updated

Public Service Enterprise Group CFO Daniel J. Cregg Withholds 1,531 Shares

What Happened

  • Daniel J. Cregg, Executive Vice President & Chief Financial Officer of Public Service Enterprise Group (PEG), had a total of 1,531 shares withheld by the issuer to satisfy tax obligations related to equity compensation. The withholding occurred in two transactions: 838 shares on 2026-02-10 (838 × $82.31 = $68,976) and 693 shares on 2026-02-11 (693 × $82.31 = $57,041), totaling 1,531 shares and $126,017.
  • This was a tax-withholding/net-share settlement (routine), not an open-market sale or purchase.

Key Details

  • Transaction dates and prices:
    • 2026-02-10: 838 shares withheld at $82.31 each — $68,976
    • 2026-02-11: 693 shares withheld at $82.31 each — $57,041
  • Total withheld: 1,531 shares, aggregate value $126,017.
  • Transaction code: F (payment of exercise price or tax liability via delivery/withholding of shares).
  • Footnote: F1 notes withholdings of shares by the issuer to satisfy FICA taxes.
  • Filing: Form 4 filed 2026-02-12 for report period starting 2026-02-10 — filed within the required window (timely).
  • Shares owned after the transaction: not specified in the provided filing.

Context

  • This is a routine net-share settlement to cover taxes after equity compensation (for example, option exercise or restricted stock vesting). It reflects tax withholding by the company, not a sale to outside buyers, and does not by itself indicate a bullish or bearish view by the insider. Purchases by insiders tend to carry more informational weight for investors than routine withholdings.