PEG (NYSE: PEG) legal chief reports equity grants and tax-share disposal
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PUBLIC SERVICE ENTERPRISE GROUP Executive Vice President and General Counsel Grace H. Park reported equity compensation activity in company common stock. She acquired 6,262 shares as a 2026 restricted stock unit grant under the 2021 Long-Term Incentive Plan at $86.24 per share and 3,971.563 shares upon payment of vested performance share units at $85.73 per share. To cover tax obligations related to these awards, 1,271 shares were disposed of through a tax-withholding transaction at $85.73 per share. Following these transactions, she directly owned 16,064.488 shares, with an additional 5 shares held indirectly by her spouse.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Park Grace H
Role
EVP and General Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 6,262 | $86.24 | $540K |
| Grant/Award | Common Stock | 3,971.563 | $85.73 | $340K |
| Tax Withholding | Common Stock | 1,271 | $85.73 | $109K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 13,363.925 shares (Direct);
Common Stock — 5 shares (Indirect, By Spouse)
Footnotes (1)
- 2026 Restricted Stock Unit grant under the 2021 Long-Term Incentive Plan. Payment of vested Performance Share Units under the Long Term Incentive Plan.
FAQ
What equity awards did PEG executive Grace H. Park report on this Form 4?
Grace H. Park reported receiving two equity awards in PUBLIC SERVICE ENTERPRISE GROUP common stock. She acquired 6,262 shares as a 2026 restricted stock unit grant and 3,971.563 shares from vested performance share units under the company’s long-term incentive plans.
Were Grace H. Park’s PEG stock transactions open-market purchases or sales?
The reported PEG stock transactions are equity compensation-related, not open-market trades. Shares were acquired through restricted stock unit and performance share unit awards, while 1,271 shares were disposed of solely to satisfy related tax-withholding obligations.
What do the PEG Form 4 footnotes reveal about these stock awards?
The footnotes explain that 6,262 shares represent a 2026 restricted stock unit grant under the 2021 Long-Term Incentive Plan, and 3,971.563 shares reflect payment of vested performance share units under the company’s Long Term Incentive Plan.