PEG executive logs small 401(k) stock sale
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.
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.
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Negative
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 8.7772 | $84.04 | $737.64 |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- F1. Includes 0.008232 shares acquired under PSEG's 401(k) plan since the date of the reporting person's last ownership report.
FAQ
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What did PEG executive Kim C. Hanemann do with PUBLIC SERVICE ENTERPRISE GROUP INC stock?
Was the PEG stock transaction by Kim C. Hanemann direct or through a retirement plan?
Does Kim C. Hanemann have any reported derivative positions in PUBLIC SERVICE ENTERPRISE GROUP INC?
AI-generated analysis. How Rhea-AI works. Not financial advice.