SURMA JOHN P 4
4 · PUBLIC SERVICE ENTERPRISE GROUP INC · Filed May 5, 2026
Research Summary
AI-generated summary of this filing
PSEG (PEG) Director John P. Surma Receives 2,246 RSUs
What Happened
John P. Surma, a director of Public Service Enterprise Group Inc. (PSEG, ticker: PEG), was granted 2,246 restricted stock units (RSUs) on May 1, 2026. The reported grant value is $180,017, based on a per-share amount of $80.15. This filing reports an award/ grant (transaction code A) of a derivative instrument (RSUs), not a market purchase or sale.
Key Details
- Transaction date: 2026-05-01; filing date: 2026-05-05.
- Award: 2,246 Restricted Stock Units @ $80.15 each; total reported value $180,017.
- Instrument: RSUs (derivative) — no exercise date or expiration date noted.
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnote highlights:
- RSUs convert one-for-one into common stock (F1).
- RSUs are subject to forfeiture if 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).
Context
This is an equity compensation award to a non-employee director under PSEG's 2021 Equity Compensation Plan for Outside Directors. Awards to directors are routine compensation and do not necessarily indicate buying or selling sentiment. Investors should note the filing date relative to the transaction date and consult the full SEC filing for any timeliness designations or additional ownership details.
Insider Transaction Report
- Award
Restricted Stock Units
[F1][F2][F3][F4]2026-05-01$80.15/sh+2,246$180,017→ 16,586.783 total→ Common Stock (2,246 underlying)
Footnotes (4)
- [F1]Restricted Stock Units convert to common stock on a one-for-one basis. Restricted Stock Units represent the share equivalent of amount granted, with payment deferred, under the PSEG 2021 Equity Compensation PlanFor Outside Directors.
- [F2]Restricted Stock Units are subject to forfeiture if a director leaves service and are paid in shares of common stock after termination of service.
- [F3]The derivative, Restricted Stock Units, do not have a corresponding exercisable date nor expiration date.
- [F4]Amount includes accumulated dividend reinvestment equivalents that are exempt from Section 16.