LaRossa Ralph A 4

What Happened

• Ralph A. LaRossa, Chair, President & CEO (and Director) of Public Service Enterprise Group (PEG), had a total of 5,340 shares withheld by the company to satisfy tax obligations.
• On 2026-02-10, 2,844 shares were withheld at $82.31/share (value $234,090). On 2026-02-11, 2,496 shares were withheld at $82.31/share (value $205,446). Combined value ≈ $439,536.
• These were disposals for tax withholding (not open-market sales) and are typically routine following equity vesting or option exercise.

Key Details

• Transaction dates/prices: 2026-02-10 (2,844 shares @ $82.31), 2026-02-11 (2,496 shares @ $82.31).
• Total shares withheld: 5,340; total value ≈ $439,536.
• Footnote: F1 — includes withholdings of shares by the issuer to satisfy FICA taxes (tax-withholding code F).
• Filing: Form 4 filed 2026-02-12 for transactions dated 2026-02-10 and 02-11 — filing appears timely (within the normal reporting window).
• Shares owned after transaction: not specified in the provided filing details.

Context

• These entries reflect shares surrendered to cover tax liabilities tied to equity compensation (e.g., vested restricted stock or exercised options) rather than an open-market sale; this is a routine administrative action and not a directional signal of insider sentiment.
• For investors tracking insider activity, note this is a tax-withholding disposition, not a purchase; such withholdings reduce the insider’s share count but do not necessarily indicate a change in conviction.