Perez Ricardo G 4

What Happened

• Ricardo G. Perez, a director of Public Service Enterprise Group Inc. (PSEG, ticker: PEG), was granted 2,246 restricted stock units (RSUs) on May 1, 2026.
• The grant is recorded at an imputed price of $80.15 per share, equaling approximately $180,017. This is an award/derivative grant (not an open-market purchase or sale).

Key Details

• Transaction date: 2026-05-01; Form 4 filed: 2026-05-05 (Accession: 0001225208-26-004929).
• Amount: 2,246 RSUs; per-share value reported: $80.15; total value ≈ $180,017.
• Shares owned after transaction: Not specified in this Form 4.
• Footnotes: RSUs convert to common stock on a one-for-one basis (F1); are subject to forfeiture if the director leaves service and are paid in shares after termination (F2); the RSUs have no exercisable or expiration date (F3); amount includes accumulated dividend reinvestment equivalents exempt from Section 16 (F4).
• Transaction code: A = Award/Grant (derivative RSUs), not a purchase (P) or sale (S).

Context

• RSU grants to outside directors are common as deferred compensation under the PSEG 2021 Equity Compensation Plan for Outside Directors. RSUs represent a future entitlement to shares rather than an immediate purchase or sale of stock.
• Because these are compensation awards (and not open-market buys), they should be viewed as routine director pay rather than a clear market sentiment signal.