STOCK TITAN

PEG (PEG) CEO LaRossa receives stock awards and withholds shares for taxes

Filing Impact
(Very High)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

PUBLIC SERVICE ENTERPRISE GROUP INC Chair, President and CEO Ralph A. LaRossa reported equity-related transactions in company common stock. He acquired 148,241.809 shares at $85.73 per share and 34,787 shares at $86.24 per share as grant or award acquisitions, including vested Performance Share Units and a 2026 Restricted Stock Unit grant under long-term incentive plans. To cover tax obligations, 75,826 shares were disposed of through a tax-withholding transaction using company stock, rather than an open-market sale. After these transactions, his directly owned common stock position was 294,972.0003 shares.

Positive

  • None.

Negative

  • None.
Insider LaRossa Ralph A
Role Chair, President and CEO
Type Security Shares Price Value
Grant/Award Common Stock 148,241.809 $85.73 $12.71M
Grant/Award Common Stock 34,787 $86.24 $3.00M
Tax Withholding Common Stock 75,826 $85.73 $6.50M
Holdings After Transaction: Common Stock — 336,011 shares (Direct)
Footnotes (1)
  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.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
LaRossa Ralph A

(Last) (First) (Middle)
80 PARK PLAZA

(Street)
NEWARK NJ 07102

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
PUBLIC SERVICE ENTERPRISE GROUP INC [ PEG ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
Chair, President and CEO
3. Date of Earliest Transaction (Month/Day/Year)
02/24/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/24/2026 A 148,241.809(1) A $85.73 336,011.0003 D
Common Stock 02/24/2026 A 34,787(2) A $86.24 370,798.0003 D
Common Stock 02/24/2026 F 75,826 D $85.73 294,972.0003 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Payment of vested Performance Share Units under the Long Term Incentive Plan.
2. 2026 Restricted Stock Unit grant under the 2021 Long-Term Incentive Plan.
Isabel Ryan, as Attorney-in-Fact for Ralph A. LaRossa 02/25/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transactions did PEG CEO Ralph LaRossa report on this Form 4?

Ralph LaRossa reported equity awards and related tax withholding in PEG common stock. He received Performance Share Unit and Restricted Stock Unit shares, and some shares were withheld to satisfy tax obligations rather than sold in the open market.

How many PEG shares did Ralph LaRossa acquire in the reported awards?

Ralph LaRossa acquired 148,241.809 PEG common shares at $85.73 per share and 34,787 shares at $86.24 per share. These were categorized as grant or award acquisitions under the company’s long-term incentive plans rather than open-market purchases.

Why were 75,826 PEG shares disposed of in Ralph LaRossa’s Form 4?

The 75,826 PEG shares were disposed of to satisfy tax liabilities associated with vested awards. The transaction used stock to pay the tax obligation, recorded as a tax-withholding disposition, instead of representing a discretionary open-market sale of shares.

What long-term incentive plans are referenced in PEG CEO Ralph LaRossa’s Form 4?

The filing references vested Performance Share Units under the Long Term Incentive Plan and a 2026 Restricted Stock Unit grant under the 2021 Long-Term Incentive Plan. These plans deliver PEG common stock as part of the CEO’s equity-based compensation.

How many PEG shares does Ralph LaRossa own directly after these transactions?

After the reported equity award and tax-withholding transactions, Ralph LaRossa directly owns 294,972.0003 PEG common shares. This total reflects both newly delivered shares from incentive awards and the shares used to cover associated tax obligations.

Were Ralph LaRossa’s PEG share transactions open-market buys or sells?

The transactions were not open-market buys or sells. The acquisitions were grants or awards of PEG stock, and the disposition was a tax-withholding transaction using shares to pay tax liabilities tied to vested incentive awards.