Cregg Daniel J 4

What Happened
Daniel J. Cregg, Executive Vice President & Chief Financial Officer of Public Service Enterprise Group (PEG), was granted equity awards on 2026-02-24 totaling 45,875.591 shares (two awards): 36,134.591 shares at $85.73 ($3,097,818) and 9,741 shares at $86.24 ($840,064). At the same time, 18,483 shares were surrendered/withheld to satisfy tax liabilities (reported as a disposition at $85.73, value $1,584,548). These transactions are award grants (acquisitions) with tax withholding rather than open-market purchases or sales.

Key Details

• Transaction dates: 2026-02-24 (filed 2026-02-26). Filing appears timely (within the Form 4 reporting window).
• Grants: 36,134.591 shares @ $85.73 = $3,097,818 (A; RSU/PSU grant) and 9,741 shares @ $86.24 = $840,064 (A; 2026 RSU grant under 2021 LTIP).
• Withholding: 18,483 shares @ $85.73 disposed = $1,584,548 (F; payment of tax liability for vested PSUs).
• Net shares added (approx.): 27,392.591 shares (45,875.591 granted − 18,483 withheld). Net value retained ≈ $2.35M.
• 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.
• Shares owned after transaction: not specified in the filing.

Context
These were equity compensation awards (RSUs/PSUs) granted as part of the company’s long-term incentive plan; the reported disposition is tax withholding (common practice) rather than a market sale. Such grants reflect routine executive compensation and do not, by themselves, indicate an open-market buy or sell decision.