PSEG (PEG) EVP Grace H. Park Withholds 136 Shares for Taxes

What Happened Grace H. Park, EVP and General Counsel of Public Service Enterprise Group (PEG), had 136 shares withheld on 2026-09-16 to satisfy tax withholding related to an equity event. The shares were valued at $70.54 each, totaling approximately $9,593. This was a tax-withholding disposition (not an open-market sale).

Key Details

• Transaction date: 2026-09-16; reported on Form 4 filed 2026-09-18 (appears timely).
• Action: Tax withholding / disposition of 136 shares (transaction code F).
• Price used: $70.54 per share; total value ≈ $9,593.
• Shares owned after transaction: not reported in the provided excerpt.
• Footnote: Amount includes accumulated dividend reinvestments that are exempt from Section 16 (per footnote F1).

Context

• Code F transactions are routine withholding to cover tax obligations from option exercises or restricted stock vesting; they do not indicate a deliberate sale for investment reasons.
• For retail investors, these transactions are generally neutral signals about insider sentiment because they reflect tax mechanics rather than portfolio decisions.