PEG (PEG) SVP Thigpen reports stock awards and tax withholding moves
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PUBLIC SERVICE ENTERPRISE GROUP senior vice president Richard T. Thigpen reported equity-based compensation transactions in company common stock. He acquired 10,192.548 shares from vested Performance Share Units and 2,088 Restricted Stock Units granted under long-term incentive plans, and 4,058 shares were disposed of to cover tax obligations, leaving 33,180.577 shares owned directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Thigpen Richard T
Role
SVP Corporate Citizenship
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 10,192.548 | $85.73 | $874K |
| Grant/Award | Common Stock | 2,088 | $86.24 | $180K |
| Tax Withholding | Common Stock | 4,058 | $85.73 | $348K |
Holdings After Transaction:
Common Stock — 35,150.577 shares (Direct)
Footnotes (1)
- Payment of vested Performance Share Units under the Long Term Incentive Plan. 2026 Restricted Stock Unit grant under the 2021 Long-Term Incentive Plan.
FAQ
What insider transactions did PEG executive Richard T. Thigpen report on this Form 4?
Richard T. Thigpen reported equity awards and related tax withholding in PEG common stock. He received vested Performance Share Units and a 2026 Restricted Stock Unit grant, while shares were simultaneously withheld to satisfy tax obligations tied to these long-term incentive awards.
Were the PEG insider transactions by Richard T. Thigpen open-market buys or sells?
The transactions were equity compensation-related, not open-market trades. Shares were acquired through Performance Share Unit vesting and a Restricted Stock Unit grant, while the disposed shares were used to pay tax liabilities, rather than representing discretionary buying or selling activity.
What PEG incentive plans are referenced in Richard T. Thigpen’s Form 4 filing?
The filing references the Long Term Incentive Plan and the 2021 Long-Term Incentive Plan. Performance Share Units vested under the former, while the 2026 Restricted Stock Unit grant was made under the latter, both providing stock-based compensation to the executive.