Deese Willie A 4
Research Summary
AI-generated summary
PSEG Director Willie A. Deese Receives 2,246-Share RSU Award
What Happened
Willie A. Deese, a director of Public Service Enterprise Group, received an award of 2,246 restricted stock units (RSUs) on 2026-05-01. The grant is valued at $80.15 per share for a total reported value of $180,017. This was an equity award (grant/acquisition), not an open-market purchase or sale.
Key Details
- Transaction date and price: 2026-05-01 at $80.15 per share.
- Shares/amount: 2,246 RSUs; total value reported $180,017.
- Shares owned after transaction: not specified in the provided filing.
- Footnotes: F1 — grant under the PSEG 2021 Equity Compensation Plan for Outside Directors; F2 — amount includes accumulated dividend reinvestment equivalents exempt from Section 16.
- Filing timeliness: Form 4 filed 2026-05-05; this appears within the standard 2-business-day reporting window.
Context
RSUs are awards that typically convert to company shares upon vesting and are a common form of director compensation. Such grants are routine for outside directors and do not, by themselves, indicate a personal purchase or sale of stock or an immediate trading signal. The filing notes dividend-equivalent amounts were included in the award; those dividend-equivalent components are exempt from Section 16 reporting as indicated in the footnote.