LaRossa Ralph A 4
Research Summary
AI-generated summary
Public Service Enterprise Group (PEG) CEO Ralph LaRossa Sells 2,083 Shares
What Happened Ralph A. LaRossa, Chair, President & CEO and Director of Public Service Enterprise Group (PEG), reported an open-market sale of 2,083 shares on July 1, 2026. The reported per-share price is $80.51, for a total value of approximately $167,704. This was a sale (disposition), which is often routine for insiders and does not by itself indicate company outlook.
Key Details
- Transaction date: 2026-07-01 (reported on Form 4 filed 2026-07-02)
- Transaction type/code: Open market sale (S)
- Shares sold: 2,083 at reported price $80.51; total proceeds ≈ $167,704
- Reported price note: Footnote F1 states the $80.51 represents a weighted average price within a range of $80.19–$81.07; the filer offers to provide full price details on request.
- Shares owned after transaction: Not disclosed in the provided summary filing.
- Filing timeliness: Filed the next day (appears timely under Form 4 rules).
Context
- Sales by executives can be routine (e.g., for diversification or personal needs); a sale is not the same signal as an insider purchase, which is often viewed as more informative about confidence in the company.
- No indication in this filing of option exercises, gifts, 10b5-1 plan, or tax-withholding dispositions.