TOMASKY SUSAN 4
Research Summary
AI-generated summary
PSEG (PEG) Director Susan Tomasky Receives 2,246 RSU Award
What Happened Susan Tomasky, a director of Public Service Enterprise Group, was granted 2,246 restricted stock units (RSUs) on May 1, 2026. The grant is reported at a per‑share value of $80.15, for a total reported value of $180,017. This was an award (grant) of derivative securities—not an open‑market purchase or sale.
Key Details
- Transaction date: 2026-05-01 (reported on Form 4 filed 2026-05-05).
- Grant: 2,246 Restricted Stock Units (derivative), $80.15 per unit, total $180,017.
- Shares owned after transaction: not specified in the filing.
- Footnotes: RSUs convert one‑for‑one into common shares and represent deferred payment under the PSEG 2021 Equity Compensation Plan for Outside Directors; they are subject to forfeiture if the director leaves service; RSUs have no exercisable or expiration date; amount includes accumulated dividend reinvestment equivalents exempt from Section 16.
- Timeliness: Filing was dated May 5 for a May 1 transaction—this is outside the usual two‑business‑day Form 4 reporting window and may be considered late.
Context Restricted stock unit grants to outside directors are a common form of compensation and represent a right to receive shares (or their cash/share equivalent) in the future, often contingent on continued service. Because this is a compensation award rather than a market purchase or sale, it should be viewed as routine director compensation rather than a direct buy/sell signal.