Hanemann Kim C 4
Research Summary
AI-generated summary
PSEG (PEG) COO Kim Hanemann Sells 8.78 Shares
What Happened
- Kim C. Hanemann, President and COO (PSE&G), reported an open-market sale of 8.777 shares of Public Service Enterprise Group, Inc. (PEG) on 2026-03-09 at $84.04 per share, generating roughly $738. This was a sale (S) — not a purchase or option exercise.
Key Details
- Transaction date and price: 2026-03-09 — 8.777 shares sold at $84.04/share.
- Proceeds: approximately $738.
- Shares owned after transaction: not specified in this filing.
- Footnote: filing notes inclusion of 0.008232 shares acquired under PSEG’s 401(k) plan since the last ownership report.
- Filing timeliness: Report filed 2026-03-10 for a 2026-03-09 transaction (timely).
Context
- Small open-market sales like this are common among insiders for routine reasons (taxes, diversification, payroll/plan transactions). The transaction size here is very small and, by itself, does not indicate a change in insider confidence or company fundamentals.