STOCK TITAN

PSEG (PEG) SVP uses company shares to satisfy FICA tax bill

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

Rhea-AI Filing Summary

Public Service Enterprise Group senior vice president of Corporate Citizenship Richard T. Thigpen reported routine share withholdings used to cover tax obligations related to equity compensation.

On February 10, 2026, 136 shares of common stock at $82.31 per share were disposed of, followed by 101 shares at the same price on February 11, 2026. These transactions, coded "F," reflect payment of FICA taxes by delivering shares to the issuer rather than open-market sales. After the transactions, Thigpen directly owned 25,275.029 shares of common stock.

Positive

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Negative

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Insider Thigpen Richard T
Role SVP Corporate Citizenship
Type Security Shares Price Value
Tax Withholding Common Stock 101 $82.31 $8K
Tax Withholding Common Stock 136 $82.31 $11K
Holdings After Transaction: Common Stock — 25,275.029 shares (Direct)
Footnotes (1)
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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*
Thigpen Richard T

(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)
SVP Corporate Citizenship
3. Date of Earliest Transaction (Month/Day/Year)
02/10/2026
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 02/10/2026 F 136(1) D $82.31 25,376.029 D
Common Stock 02/11/2026 F 101 D $82.31 25,275.029 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. Transaction includes withholdings of shares by the Issuer to satisfy FICA taxes.
Isabel Ryan, as Attorney-in-Fact for Richard T. Thigpen 02/12/2026
** 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 insider activity did PEG executive Richard T. Thigpen report?

Richard T. Thigpen reported two small tax-related share dispositions. A total of 237 common shares were withheld by Public Service Enterprise Group to satisfy FICA taxes tied to equity compensation, rather than being sold in the open market.

How many PEG shares were withheld for Richard T. Thigpen’s taxes?

A total of 237 PEG common shares were withheld for taxes. The transactions covered 136 shares on February 10, 2026 and 101 shares on February 11, 2026, both at a price of $82.31 per share, according to the Form 4.

What transaction code was used in Richard T. Thigpen’s PEG Form 4?

The Form 4 reports transaction code “F” for both entries. Code F indicates payment of an exercise price or tax liability by delivering securities, meaning shares were withheld for tax purposes rather than sold in open-market transactions.

How many PEG shares does Richard T. Thigpen own after these transactions?

After the reported tax-withholding dispositions, Richard T. Thigpen beneficially owns 25,275.029 PEG common shares directly. This figure reflects his remaining holdings following the 136-share and 101-share withholdings to satisfy FICA tax obligations.

Were Richard T. Thigpen’s PEG share transactions open-market sales?

No, the transactions were not open-market sales. The Form 4 and footnote explain they were share withholdings by Public Service Enterprise Group to satisfy FICA tax liabilities tied to equity awards, using transaction code F.

What is Richard T. Thigpen’s role at Public Service Enterprise Group (PEG)?

Richard T. Thigpen is an officer of Public Service Enterprise Group. The Form 4 identifies his title as Senior Vice President, Corporate Citizenship, confirming his status as a Section 16 reporting officer for insider transaction reporting.