Gentoso Jamie M 4

What Happened Jamie M. Gentoso, a director of Public Service Enterprise Group, received an award of 2,246 restricted stock units (RSUs) on May 1, 2026. The award is reported at an implied value of $80.15 per share, totaling approximately $180,017. This was an equity compensation grant (award), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-05-01; Form 4 filed: 2026-05-05 (4 days later).
• Award: 2,246 Restricted Stock Units (derivative RSUs) at $80.15 per share; aggregate value reported ~$180,017.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnotes summary:
  • RSUs convert one-for-one into common shares and represent deferred compensation under the PSEG 2021 Equity Compensation Plan for Outside Directors (F1).
  • RSUs are subject to forfeiture if the director leaves service and are paid in shares after termination (F2).
  • These RSUs have no exercisable date or expiration date (F3).
  • The amount includes accumulated dividend equivalents that are exempt from Section 16 (F4).

Context This transaction is a routine director equity award—compensation for service—rather than a purchase or sale that signals immediate trading intent. RSUs are derivatives that will convert to common stock later (subject to forfeiture rules), so they don't represent immediately tradable shares. The filing date is a few days after the award; Form 4 reporting is typically required within two business days, so investors may want to note the reporting gap.