PUBLIC SERVICE ENTERPRISE GROUP INC·4

May 5, 3:15 PM ET

TANJI KENNETH 4

Research Summary

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PSEG (PEG) Director Kenneth Tanji Receives RSU Award

What Happened
Kenneth Tanji, a director of Public Service Enterprise Group, was granted 2,246 Restricted Stock Units (RSUs) on May 1, 2026. The award is reported at an equivalent price of $80.15 per share for a total value of $180,017. This filing reports an award/grant (code A), which is an acquisition of derivative securities (RSUs)—not an open-market purchase or sale.

Key Details

  • Transaction date: 2026-05-01; filing date: 2026-05-05 (filed within the typical 2-business-day Form 4 deadline).
  • Award: 2,246 Restricted Stock Units at $80.15 per share; total reported value $180,017.
  • Shares owned after transaction: not disclosed in the filing.
  • Footnotes:
    • RSUs convert to common stock on a one-for-one basis (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 (F3).
    • Amount includes accumulated dividend-equivalent reinvestment equivalents exempt from Section 16 (F4).

Context
An RSU award is a common form of director compensation; it represents a future right to receive shares (one-for-one) subject to service/forfeiture conditions rather than an immediate purchase or sale. Because this is a grant to an outside director and not a sale, it is generally informative about compensation but should not be taken alone as a market sentiment signal.