PEG (PEG) CEO LaRossa receives stock awards and withholds shares for taxes
Filing Impact
Filing Sentiment
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 Trade Summary
3 transactions reported
Mixed
3 txns
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)
- Payment of vested Performance Share Units under the Long Term Incentive Plan. 2026 Restricted Stock Unit grant under the 2021 Long-Term Incentive Plan.
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.
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.