Thigpen Richard T 4

What Happened

• Richard T. Thigpen, Senior Vice President, Corporate Citizenship at Public Service Enterprise Group (PEG), received equity awards on 2026-02-24 under the company’s long-term incentive plans. He was granted 10,192.548 shares (Performance Share Units payout) at $85.73 each ($873,807) and 2,088 restricted stock units at $86.24 each ($180,069), for total award value of $1,053,876.
• On the same date 4,058 shares were disposed (withheld) at $85.73 each to satisfy tax withholding obligations, totaling $347,892. The net incremental shares from the awards after withholding are 8,222.548 shares.

Key Details

• Transaction date: 2026-02-24; Form 4 filed: 2026-02-26 (timely filing).
• Awards: 10,192.548 shares @ $85.73 = $873,807 (F1); 2,088 shares @ $86.24 = $180,069 (F2).
• Withholding/disposition: 4,058 shares @ $85.73 = $347,892 (tax withholding/payment; code F).
• Shares owned after transaction: not specified in the provided 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.
• Transaction codes: A = award/grant; F = shares withheld/used to pay tax liability.

Context

• These were company equity awards (not open-market purchases or sales). Awards and routine tax-withholding do not necessarily indicate the insider’s market view.
• The withheld shares were used to satisfy tax obligations on the vested awards (common practice), rather than a voluntary sale of shares on the open market.