PSEG grants 2,246 RSUs to director Tanji
PUBLIC SERVICE ENTERPRISE GROUP INC director Kenneth Tanji received a grant of 2,246 Restricted Stock Units (RSUs) on May 1, 2026.
Rhea-AI Filing Summary
PUBLIC SERVICE ENTERPRISE GROUP INC director Kenneth Tanji received a grant of 2,246 Restricted Stock Units (RSUs) on May 1, 2026. These RSUs convert into common stock on a one-for-one basis and carry a stated value of $80.15 per unit.
Following this award, Tanji directly holds 9,424.483 RSUs, including accumulated dividend reinvestment equivalents. The RSUs were granted under the PSEG 2021 Equity Compensation Plan for Outside Directors, are subject to forfeiture if he leaves board service, and are paid in common shares after termination of service.
Positive
- None.
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Insider Trade Summary
Grant/Award: 2,246 shares
Grant/Award
1 txn
Insider
TANJI KENNETH
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 2,246 | $80.15 | $180K |
Holdings After Transaction:
Restricted Stock Units — 9,424.483 contracts (Direct)
Footnotes (4)
- F1. Restricted Stock Units convert to common stock on a one-for-one basis. Restricted Stock Units represent the share equivalent of amount granted, with payment deferred, under the PSEG 2021 Equity Compensation PlanFor Outside Directors.
- F2. Restricted Stock Units are subject to forfeiture if a director leaves service and are paid in shares of common stock after termination of service.
- F3. The derivative, Restricted Stock Units, do not have a corresponding exercisable date nor expiration date.
- F4. Amount includes accumulated dividend reinvestment equivalents that are exempt from Section 16.
Key Figures
RSUs granted: 2,246 units
Grant value per unit: $80.15 per RSU
Total RSUs after grant: 9,424.483 units
+3 more
6 metrics
RSUs granted
2,246 units
Restricted Stock Units granted on May 1, 2026
Grant value per unit
$80.15 per RSU
Transaction price per RSU on grant date
Total RSUs after grant
9,424.483 units
RSUs directly held following this transaction
Underlying common stock
2,246 shares
Common shares underlying the new RSU grant
Conversion ratio
1 RSU : 1 share
RSUs convert to common stock on a one-for-one basis
Dividend equivalents
Included in 9,424.483 units
Accumulated dividend reinvestment equivalents, exempt from Section 16
Key Terms
Restricted Stock Units, PSEG 2021 Equity Compensation Plan for Outside Directors, dividend reinvestment equivalents, Section 16, +1 more
5 terms
Restricted Stock Units financial
"Restricted Stock Units convert to common stock on a one-for-one basis."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
PSEG 2021 Equity Compensation Plan for Outside Directors financial
"payment deferred, under the PSEG 2021 Equity Compensation PlanFor Outside Directors."
dividend reinvestment equivalents financial
"Amount includes accumulated dividend reinvestment equivalents that are exempt from Section 16."
Section 16 regulatory
"dividend reinvestment equivalents 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.
forfeiture financial
"Restricted Stock Units are subject to forfeiture if a director leaves service"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did PSEG (PEG) report for director Kenneth Tanji?
PSEG reported that director Kenneth Tanji received a grant of 2,246 Restricted Stock Units. These RSUs are a form of equity compensation that convert into common stock on a one-for-one basis and increase his direct RSU holdings to 9,424.483 units.
How many Restricted Stock Units does Kenneth Tanji hold at PSEG (PEG) after this grant?
After the new award, Kenneth Tanji holds a total of 9,424.483 Restricted Stock Units. This figure includes the 2,246-unit grant on May 1, 2026 and accumulated dividend reinvestment equivalents that are associated with his existing RSU balance.
What are the key terms of the RSUs granted to Kenneth Tanji at PSEG (PEG)?
The RSUs convert to PSEG common stock on a one-for-one basis and carry a stated value of $80.15 per unit. They are granted under the PSEG 2021 Equity Compensation Plan for Outside Directors and are subject to forfeiture if he leaves board service.
When will Kenneth Tanji’s PSEG (PEG) RSUs be paid out?
The RSUs granted to Kenneth Tanji are paid in shares of PSEG common stock after his termination of service as a director. Until then, they remain deferred, with terms governed by the PSEG 2021 Equity Compensation Plan for Outside Directors.
Do the PSEG (PEG) RSUs granted to Kenneth Tanji have an exercise or expiration date?
The Restricted Stock Units granted to Kenneth Tanji do not have a corresponding exercisable date or expiration date. They are deferred equity awards that convert into common stock after his board service ends, rather than traditional options with a fixed exercise window.
What additional amounts are included in Kenneth Tanji’s total PSEG (PEG) RSU holdings?
Tanji’s total of 9,424.483 RSUs includes accumulated dividend reinvestment equivalents. These equivalents reflect dividends credited in share form and are noted as being exempt from Section 16, but they still increase his overall deferred equity balance.
AI-generated analysis. How Rhea-AI works. Not financial advice.
