PEG director receives 2,246-share stock grant
Stephenson Scott G reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Stephenson Scott G reported acquisition or exercise transactions in this Form 4 filing.
PUBLIC SERVICE ENTERPRISE GROUP INC director Stephenson Scott G reported a stock-based compensation award, not an open‑market trade. He received 2,246 shares of Common Stock at $80.15 per share as a grant described as a 2026 Restricted Stock Unit grant under the PSEG 2021 Equity Compensation Plan For Outside Directors. After this award, he directly holds 4,607.151 shares of Common Stock and also indirectly holds 221 shares through a revocable trust. The filing notes that the reported amount includes accumulated dividend reinvestment equivalents.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 2,246 shares
Grant/Award
2 txns
Insider
Stephenson Scott G
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,246 | $80.15 | $180K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 4,607.151 shares (Direct);
Common Stock — 221 shares (Indirect, By revocable trust)
Footnotes (2)
- F1. 2026 Restricted Stock Unit grant under the PSEG 2021 Equity Compensation Plan For Outside Directors.
- F2. Amount includes accumulated dividend reinvestment equivalents that are exempt from Section 16.
Key Figures
Stock grant size: 2,246 shares
Grant reference price: $80.15/share
Direct holdings after grant: 4,607.151 shares
+2 more
5 metrics
Stock grant size
2,246 shares
Grant of Common Stock reported with code A
Grant reference price
$80.15/share
Per-share value for the 2,246-share grant
Direct holdings after grant
4,607.151 shares
Common Stock directly owned after the transaction
Indirect trust holdings
221 shares
Common Stock held indirectly by revocable trust
Transaction date
May 1, 2026
Date of reported grant and holding entry
Key Terms
Restricted Stock Unit, Equity Compensation Plan, dividend reinvestment equivalents, Section 16, +1 more
5 terms
Restricted Stock Unit financial
"2026 Restricted Stock Unit grant under the PSEG 2021 Equity Compensation Plan For Outside Directors."
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
Equity Compensation Plan financial
"PSEG 2021 Equity Compensation Plan For Outside Directors."
A plan by which a company gives employees, directors or contractors ownership or the right to buy ownership in the company through stock, options or similar awards — think of promising slices of the company pie as part of someone's pay. It matters to investors because these awards can change the number of shares outstanding, affect reported profits and influence management’s decisions; large or generous plans can dilute existing holders and alter incentives over time.
dividend reinvestment equivalents financial
"Amount includes accumulated dividend reinvestment equivalents that are exempt from Section 16."
Section 16 regulatory
"Amount includes accumulated dividend reinvestment equivalents 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.
revocable trust financial
"Common Stock holding of 221 shares is reported as held By revocable trust."
A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did PEG director Stephenson Scott G report on this Form 4?
Stephenson Scott G reported receiving a grant of 2,246 shares of PUBLIC SERVICE ENTERPRISE GROUP INC Common Stock at $80.15 per share. The filing characterizes this as a 2026 Restricted Stock Unit grant under the PSEG 2021 Equity Compensation Plan For Outside Directors.
Was the PEG Form 4 transaction a market purchase or a stock grant?
The PEG Form 4 shows a stock grant, not a market purchase. It is coded as a grant, award, or other acquisition and described as a 2026 Restricted Stock Unit grant under the PSEG 2021 Equity Compensation Plan For Outside Directors, reflecting routine director compensation.
What is the significance of the $80.15 price on the PEG Form 4 grant?
The $80.15 figure is the per-share value used for the 2,246-share Common Stock grant reported by Stephenson Scott G. It helps quantify the size of the award but does not represent an open-market trade price in this compensation-related transaction.
AI-generated analysis. How Rhea-AI works. Not financial advice.
