Chernick Rose M 4

What Happened

• Rose M. Chernick, Vice President and Controller of Public Service Enterprise Group, received equity awards on Feb 24, 2026. The Form 4 reports two acquisitions: 5,162.854 shares (Performance Share Units vesting) at $85.73 each (value $442,611) and 2,320 Restricted Stock Units at $86.24 each (value $200,077). To satisfy tax withholding, 1,792 shares were disposed at $85.73 (value $153,628).
• Gross value of the awards was $642,688; after the tax-withholding share disposition the net economic gain was about $489,060 and the net share increase was 5,690.854 shares (7,482.854 awarded less 1,792 withheld).

Key Details

• Transaction dates and prices:
  • 2026-02-24: 5,162.854 shares @ $85.73 (award; F1 — vested Performance Share Units) = $442,611
  • 2026-02-24: 2,320 shares @ $86.24 (award; F2 — 2026 RSU grant) = $200,077
  • 2026-02-24: 1,792 shares @ $85.73 (disposed for tax withholding) = $153,628
• Shares owned after transaction: Not specified in the filing.
• Footnotes: F1 = payment of vested Performance Share Units under the Long Term Incentive Plan; F2 = 2026 Restricted Stock Unit grant under the 2021 Long‑Term Incentive Plan.
• Filing timeliness: Form 4 filed on 2026-02-26 (two days after the reported transaction); no indication in the filing that it was late.

Context

• These were equity compensation awards (PSUs and RSUs), not open-market purchases or discretionary sales. The disposed shares were used to cover taxes (a common practice), not a market sale for investment reasons.
• For retail investors: awards signal routine executive compensation and do not necessarily indicate a change in the insider’s view of the company.