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PEG (PEG) COO Kim Hanemann reports tiny 401(k) sale, holds 101K+ shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

PUBLIC SERVICE ENTERPRISE GROUP INC executive Kim C. Hanemann, President and COO of PSE&G, reported a very small open-market sale of 8.7772 shares of common stock at $84.04 per share through a 401(k) account on March 9, 2026. After this activity, Hanemann’s directly held common stock position is disclosed as 101,722.93 shares, indicating the sale was minimal relative to overall holdings and appears as a routine portfolio adjustment within retirement-plan investments.

Positive

  • None.

Negative

  • None.

Insights

Tiny 401(k) sale, large remaining stake, routine in scale.

The reported action is an open-market sale of 8.7772 common shares at $84.04 via a 401(k) plan. This is an indirect holding, labeled "By 401(k)", and reflects retirement-plan level trading rather than a large discretionary move.

Following this, Kim C. Hanemann’s directly held position is 101,722.93 common shares. With no derivative positions listed and a net-sell volume under ten shares, the activity is very small compared with the disclosed stake and looks like routine account rebalancing within the retirement plan.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Hanemann Kim C

(Last) (First) (Middle)
80 PARK PLAZA

(Street)
NEWARK NJ 07102

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
PUBLIC SERVICE ENTERPRISE GROUP INC [ PEG ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
President and COO - PSE&G
3. Date of Earliest Transaction (Month/Day/Year)
03/09/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 03/09/2026 S 8.7772(1) D $84.04 0.0000 I By 401(k)
Common Stock 101,722.93 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Includes 0.008232 shares acquired under PSEG's 401(k) plan since the date of the reporting person's last ownership report.
Isabel Ryan, as Attorney-in-Fact for Kim C. Hanemann 03/10/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did PEG executive Kim C. Hanemann do with PUBLIC SERVICE ENTERPRISE GROUP INC stock?

Kim C. Hanemann reported a small open-market sale of 8.7772 common shares at $84.04 per share through a 401(k) account. This transaction is indirect and retirement-plan related, not a large discretionary trade in PUBLIC SERVICE ENTERPRISE GROUP INC (PEG) stock.

How many PUBLIC SERVICE ENTERPRISE GROUP INC (PEG) shares did Hanemann sell?

The reported transaction shows a sale of 8.7772 common shares at $84.04 per share. This is a very small amount, indicating a minimal stock reduction, especially compared with the more than 100,000 common shares disclosed as directly owned after the transaction.

What is Kim C. Hanemann’s remaining PUBLIC SERVICE ENTERPRISE GROUP INC shareholding?

After the reported 401(k) sale, Hanemann is shown holding 101,722.93 PUBLIC SERVICE ENTERPRISE GROUP INC common shares directly. This large direct position highlights that the 8.7772-share sale is minor relative to the overall ownership stake in PEG stock.

Was the PEG stock transaction by Kim C. Hanemann direct or through a retirement plan?

The 8.7772-share sale of PUBLIC SERVICE ENTERPRISE GROUP INC stock is classified as indirect ownership, noted as “By 401(k).” This means the trade occurred inside a 401(k) retirement plan account, rather than from Hanemann’s directly held brokerage shares.

Does Kim C. Hanemann have any reported derivative positions in PUBLIC SERVICE ENTERPRISE GROUP INC?

The data shows no derivative transactions or remaining derivative positions for Kim C. Hanemann in PUBLIC SERVICE ENTERPRISE GROUP INC. The activity is limited to common stock, with one tiny 401(k) sale and a substantial directly owned common stock balance afterward.
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41.53B
493.47M
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