PEG CFO uses shares to cover tax obligations
Public Service Enterprise Group executive Daniel J. Cregg reported routine share withholdings to cover taxes.
Rhea-AI Filing Summary
Public Service Enterprise Group executive Daniel J. Cregg reported routine share withholdings to cover taxes. On February 10, 2026, 838 shares of common stock at $82.31 per share were disposed of as a tax-withholding transaction, leaving 182,690.499 shares held directly.
On February 11, 2026, an additional 693 shares at $82.31 per share were similarly disposed of to satisfy FICA taxes, with direct holdings reported at 181,997.499 shares. Both transactions are coded as tax-withholding dispositions rather than market sales.
Positive
- None.
Negative
- None.
Insights
Routine tax-withholding share dispositions with minimal governance impact.
The filing shows Executive VP & CFO Daniel J. Cregg using company stock to satisfy tax obligations. Two transactions coded "F" disposed of 838 and 693 common shares at $82.31 per share, tied to FICA tax withholdings.
After these events, Cregg directly held about 182k shares, indicating he maintains a substantial equity stake. Because these are tax-withholding dispositions, not open-market purchases or sales, the disclosure is largely administrative and does not materially change the investment thesis.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 693 | $82.31 | $57K |
| Exercise Price or Tax Liability | Common Stock | 838 | $82.31 | $69K |
Footnotes (1)
- F1. Transaction includes withholdings of shares by the Issuer to satisfy FICA taxes.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did PEG Executive VP & CFO Daniel Cregg report?
What does transaction code F mean in Daniel Cregg’s PEG Form 4 filing?
What role does Daniel Cregg hold at Public Service Enterprise Group (PEG)?
AI-generated analysis. How Rhea-AI works. Not financial advice.