PUBLIC SERVICE ENTERPRISE GROUP (PEG) COO Hanemann sells 3,035 shares in open-market trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PUBLIC SERVICE ENTERPRISE GROUP INC executive Kim C. Hanemann, President and COO of PSE&G, reported an open-market sale of company common stock. On June 24, 2026, Hanemann sold 3,035 shares of Common Stock at $82.00 per share.
After this transaction, Hanemann directly holds 98,814.649 shares of PUBLIC SERVICE ENTERPRISE GROUP INC common stock. The reported holdings include accumulated dividend reinvestments that are exempt from Section 16.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 3,035 shares ($248,870)
Net Sell
1 txn
Insider
Hanemann Kim C
Role
President and COO - PSE&G
Sold
3,035 shs ($249K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 3,035 | $82.00 | $249K |
Holdings After Transaction:
Common Stock — 98,814.649 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 3,035 shares
Sale price: $82.00 per share
Shares held after transaction: 98,814.649 shares
+1 more
4 metrics
Shares sold
3,035 shares
Common Stock, open-market sale on June 24, 2026
Sale price
$82.00 per share
Price for the 3,035 shares sold
Shares held after transaction
98,814.649 shares
Direct holdings after sale, includes dividend reinvestments
Net share change
-3,035 shares
Net sell direction in transaction summary
Key Terms
open-market sale, Common Stock, dividend reinvestments, Section 16
4 terms
open-market sale financial
"transaction_action: "open-market sale" for the Common Stock transaction"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Common Stock financial
"security_title: "Common Stock" for the reported transaction"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
dividend reinvestments financial
"Amount includes accumulated dividend reinvestments that are exempt from Section 16."
Section 16 regulatory
"dividend reinvestments that are exempt from Section 16."
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
FAQ
What did Kim C. Hanemann report in the latest PEG Form 4 filing?
Kim C. Hanemann reported an open-market sale of PUBLIC SERVICE ENTERPRISE GROUP INC common stock. The transaction involved 3,035 shares sold at $82.00 per share, with updated direct holdings reported after the sale in the same Form 4 filing.
What role does Kim C. Hanemann hold at PUBLIC SERVICE ENTERPRISE GROUP (PEG)?
Kim C. Hanemann serves as President and Chief Operating Officer of PSE&G, a role disclosed in the Form 4. The filing classifies Hanemann as an officer of PUBLIC SERVICE ENTERPRISE GROUP INC, not as a director or ten percent beneficial owner.
What does the transaction code “S” indicate in this PEG Form 4?
The transaction code “S” in this Form 4 indicates a sale of common stock in an open-market or private transaction. Here it denotes Hanemann’s sale of 3,035 PUBLIC SERVICE ENTERPRISE GROUP INC shares, categorized as a non-derivative transaction under SEC reporting rules.