PUBLIC SERVICE ENTERPRISE GROUP (PEG) SVP sells 8,000 shares at $74.56 average
Rhea-AI Filing Summary
PUBLIC SERVICE ENTERPRISE GROUP INC senior vice president of Corporate Citizenship Richard T. Thigpen reported a sale of 8,000 shares of common stock on August 11, 2026. The shares were sold in the open market at a weighted average price of $74.56 per share, based on trades in a price range between $74.560 and $74.580. Following this transaction, Thigpen directly holds 20,970.044 shares of common stock, which includes accumulated dividend reinvestments that are exempt from Section 16.
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Insights
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Insider Trade Summary
Net Seller: 8,000 shares
Net Sell
1 txn
Insider
Thigpen Richard T
Role
SVP Corporate Citizenship
Sold
8,000 shs ($596K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 8,000 | $74.56 | $596K |
Holdings After Transaction:
Common Stock — 20,970.044 shares (Direct)
Footnotes (2)
- F1. This represents the weighted average price of shares at a range between 74.560 and 74.580. The reporting person undertakes to provide full share price information upon request.
- F2. Amount includes accumulated dividend reinvestments that are exempt from Section 16.
Key Figures
Shares sold: 8,000 shares
Weighted average sale price: $74.56 per share
Shares held after transaction: 20,970.044 shares
+1 more
4 metrics
Shares sold
8,000 shares
Common stock sale on August 11, 2026
Weighted average sale price
$74.56 per share
Based on trades between $74.560 and $74.580
Shares held after transaction
20,970.044 shares
Direct holdings after the reported sale, including dividend reinvestments
Price range of trades
$74.560–$74.580 per share
Range underlying the weighted average sale price
Key Terms
weighted average price, dividend reinvestments, Section 16
3 terms
weighted average price financial
"This represents the weighted average price of shares at a range between 74.560 and 74.580."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
dividend reinvestments financial
"Amount includes accumulated dividend reinvestments that are exempt from Section 16."
Section 16 regulatory
"Amount includes accumulated 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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did PEG executive Richard T. Thigpen report?
Richard T. Thigpen reported a sale of 8,000 shares of PUBLIC SERVICE ENTERPRISE GROUP INC common stock on August 11, 2026 in an open market or private transaction at a weighted average price per share.
Was Richard T. Thigpen’s PEG stock sale under a Rule 10b5-1 trading plan?
The filing’s Rule 10b5-1 checkbox is not marked as affirming a trading plan, and the footnotes do not reference Rule 10b5-1. The sale is therefore not identified in this report as executed under a pre-arranged trading plan.
What role does Richard T. Thigpen hold at PUBLIC SERVICE ENTERPRISE GROUP (PEG)?
Richard T. Thigpen is reported as an officer of PUBLIC SERVICE ENTERPRISE GROUP INC, serving as SVP Corporate Citizenship. He is not listed as a director and is not a ten percent owner in this Form 4.