Thigpen Richard T 4

What Happened

• Richard T. Thigpen, Senior Vice President, Corporate Citizenship at Public Service Enterprise Group (PEG), had 317 shares withheld on February 13, 2026 to cover tax liability (transaction code F). The shares were valued at $84.91 each, totaling about $26,916. This was a tax-withholding/share disposal, not an open‑market sale or purchase.

Key Details

• Transaction date: 2026-02-13
• Price per share: $84.91; Shares withheld/disposed: 317; Total value ≈ $26,916
• Filing date (Form 4): 2026-02-18 (filed 5 days after the transaction) — this appears to be a late filing relative to the typical 2-business-day Form 4 deadline
• Transaction code: F (payment of exercise price or tax liability — usually shares withheld to satisfy tax withholding on option exercises or restricted stock/unit vesting)
• Shares owned after the transaction: not specified in the provided filing excerpt
• No 10b5-1 plan or other special instructions were indicated in the supplied transaction details

Context

• Code F transactions typically reflect routine tax withholding tied to an equity award (option exercise or RSU vesting). Because shares were withheld to cover taxes rather than sold on the open market, this action generally provides limited information about the insider’s market view.
• The late filing reduces real‑time transparency for investors; it does not change the nature of the transaction but delays public disclosure.