PSEG CEO sells 2,083 shares at about $73.46
PEG’s Chair, President and CEO reported a small Rule 10b5-1 planned sale of 2,083 shares at a weighted average price around $73.46, retaining over 281,000 shares.
Rhea-AI Filing Summary
PUBLIC SERVICE ENTERPRISE GROUP INC (PEG) reported that Chair, President and CEO Ralph A. LaRossa sold 2,083 shares of common stock on September 1, 2026 in an open market or private transaction under an affirmed Rule 10b5-1 trading plan. The shares were sold at a weighted average price of $73.4564, within a price range of $73.1400 to $73.7900. Following this transaction, LaRossa directly holds 281,573.4593 shares of PEG common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 2,083 shares
Net Sell
1 txn
Insider
LaRossa Ralph A
Role
Chair, President and CEO
Sold
2,083 shs ($153K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 2,083 | $73.4564 | $153K |
Holdings After Transaction:
Common Stock — 281,573.4593 shares (Direct)
Footnotes (1)
- F1. This represents the weighted average price of shares at a range between 73.1400 and 73.7900. The reporting person undertakes to provide full share price information upon request.
Key Figures
Shares sold: 2,083 shares
Weighted average sale price: $73.4564 per share
Price range of sales: $73.1400–$73.7900 per share
+1 more
4 metrics
Shares sold
2,083 shares
Common stock sale reported for September 1, 2026
Weighted average sale price
$73.4564 per share
Common stock sold in transactions between $73.1400 and $73.7900
Price range of sales
$73.1400–$73.7900 per share
Range of prices for the reported sale transactions
Shares held after transaction
281,573.4593 shares
Direct holdings of Ralph A. LaRossa after the sale
Key Terms
Rule 10b5-1, weighted average price, open market or private transaction
3 terms
Rule 10b5-1 regulatory
"transactions were made under a Rule 10b5-1 trading plan"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
weighted average price financial
"represents the weighted average price of shares at a range"
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.
open market or private transaction financial
"Sale in open market or private transaction"
FAQ
What insider transaction did PEG report for Ralph A. LaRossa?
Ralph A. LaRossa, Chair, President and CEO of PEG, reported selling 2,083 shares of common stock on September 1, 2026 in an open market or private transaction.
Was the PEG insider sale made under a Rule 10b5-1 trading plan?
Yes. The filing affirms that the reported transactions were made under a Rule 10b5-1 trading plan, indicating they were pre-arranged according to that plan’s terms.
AI-generated analysis. How Rhea-AI works. Not financial advice.