PUBLIC SERVICE ENTERPRISE GROUP INC·4

Feb 26, 3:52 PM ET

Park Grace H 4

Research Summary

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Public Service Enterprise Group (PEG) EVP Grace H. Park Receives Awards

What Happened

  • Grace H. Park, EVP and General Counsel of Public Service Enterprise Group (PEG), received equity awards on 2026-02-24. The filing shows two acquisitions (awards): 6,262 shares at $86.24 (value $540,035) and 3,971.563 shares at $85.73 (value $340,482). To cover tax withholding, 1,271 shares were surrendered/disposed at $85.73 (value $108,963). Net new shares issued to Park equal approximately 8,962.563 shares. These transactions are equity awards (not open-market purchases or sales).

Key Details

  • Transaction dates: 2026-02-24; Form 4 filed 2026-02-26 (timely).
  • Awards received: 6,262 shares @ $86.24 = $540,035; 3,971.563 shares @ $85.73 = $340,482.
  • Tax withholding: 1,271 shares withheld/disposed @ $85.73 = $108,963 (code F).
  • Net shares added (approx.): 8,962.563 shares.
  • Shares owned after the transaction: not specified in the filing.
  • Footnotes: F1 = 2026 Restricted Stock Unit (RSU) grant under the 2021 Long-Term Incentive Plan; F2 = payment of vested Performance Share Units (PSUs) under the Long-Term Incentive Plan.
  • Transaction codes: A = award/grant; F = payment of tax liability/withholding.

Context

  • These were equity compensation transactions (RSUs/PSUs) and are routine forms of executive pay, not open-market buying or selling. The withholding of shares to satisfy tax obligations is a common part of vesting and does not by itself indicate a change in the insider's market view.