Hanemann Kim C 4

What Happened

• Kim C. Hanemann, President and COO of Public Service Enterprise Group (PEG), was granted equity awards on 2026-02-24 and had shares withheld to cover tax obligations. She received 25,943.846 shares at $85.73 (value $2,224,166) and 7,306 shares at $86.24 (value $630,069), for a total gross award value of $2,854,235. To satisfy tax withholding, 13,271 shares were surrendered/disposed at $85.73 (value $1,137,723). The net result is Hanemann retained approximately 19,978.846 shares from these awards, with an approximate net value of $1,716,512.

Key Details

• Transaction dates: 2026-02-24 (filed 2026-02-26).
• Award entries: 25,943.846 shares @ $85.73 = $2,224,166; 7,306 shares @ $86.24 = $630,069.
• Tax withholding: 13,271 shares @ $85.73 = $1,137,723 (reported as disposition for tax payment).
• 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: Filing date is two days after the transaction; no late filing flag indicated in the provided details.
• Transaction codes: A = award/grant; F = tax withholding/payment of tax liability.

Context

• These transactions are equity compensation events (awards and tax withholding), not open-market buying or selling. Awards reflect routine executive compensation; the tax-related disposition is a common cashless mechanism to cover withholding. Such grants increase an insider’s holdings (net ~19,979 shares retained here) and are generally viewed differently than outright purchases or sales.