McFeaters Charles V 4

What Happened
Charles V. McFeaters, President & Chief Nuclear Officer (PSEG Nuclear) of Public Service Enterprise Group (PEG), received equity awards on 2026-02-24 totaling 23,531.14 shares valued at approximately $2,019,985. Specifically, he was credited 10,192.548 shares ($85.73 each, $873,807), 8,120.592 shares ($85.73 each, $696,178), and 5,218 shares ($86.24 each, $450,000). To cover tax liabilities, 7,340 shares were surrendered (3,451 and 3,889 shares) for about $629,258. Net, McFeaters' position increased by roughly 16,191.14 shares (net value ≈ $1.39M).

Key Details

• Transaction date: 2026-02-24; Form 4 filed 2026-02-26 (timely filing).
• Awards received (code A):
  • 10,192.548 shares @ $85.73 = $873,807
  • 8,120.592 shares @ $85.73 = $696,178
  • 5,218 shares @ $86.24 = $450,000
• Tax withholding (code F):
  • 3,451 shares @ $85.73 = $295,854 (disposed to cover taxes)
  • 3,889 shares @ $85.73 = $333,404 (disposed to cover taxes)
• Total awarded ≈ 23,531.14 shares ($2.02M); total surrendered for taxes = 7,340 shares ($629k). Net increase ≈ 16,191.14 shares (~$1.39M).
• Footnotes: F1 = payment/settlement 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 the transaction are not specified in the provided filing details.

Context

• These transactions are award/settlement and tax-withholding actions (not open-market purchases or sales). Awarded shares are typical executive compensation; the withheld shares were surrendered to satisfy tax obligations on the vesting/grant.
• For retail investors, awards increase insider ownership but do not necessarily indicate a new buy/sell decision in the open market. This filing appears routine and was filed promptly after the transaction.