Public Service Enterprise Group (PEG) CEO Ralph LaRossa Sells 2,083 Shares
$PEG · PUBLIC SERVICE ENTERPRISE GROUP INCResearch Summary
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Public Service Enterprise Group (PEG) CEO Ralph LaRossa Sells 2,083 Shares
What Happened
Ralph A. LaRossa, Chair, President and CEO (and Director) of Public Service Enterprise Group (PEG), sold 2,083 shares in an open-market transaction on August 3, 2026. The reported weighted-average sale price was $76.47 per share, for total proceeds of approximately $159,290. This was a sale (not a purchase); sales by executives can be routine (diversification or tax planning) and do not by themselves indicate a change in company outlook.
Key Details
- Transaction date: 2026-08-03; Form 4 filed: 2026-08-04 (timely filing).
- Reported price: $76.47 per share (weighted average); reported price range 76.05–77.32 (see footnote).
- Shares sold: 2,083; total reported proceeds ≈ $159,290.
- Shares owned after transaction: not specified in the information provided in this summary.
- Footnotes: F1 notes the $76.47 is a weighted average of trades in the 76.05–77.32 range and the filer will provide full price details on request; F2 indicates the amount includes accumulated dividend reinvestments that are exempt from Section 16.
Context
This was an open-market sale (transaction code S). For retail investors, purchases are often more informative as a potential bullish signal; routine insider sales are common and can reflect personal financial planning. No options exercise, gifting, or 10% owner status is reported in the supplied details.