PSEG (NYSE: PEG) director receives 2,246 restricted stock units

Filing Impact

(Moderate)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Williams Geisha J reported acquisition or exercise transactions in this Form 4 filing.

PUBLIC SERVICE ENTERPRISE GROUP INC director Geisha J. Williams received a grant of 2,246 Restricted Stock Units (RSUs). Each RSU represents one share of common stock, with an award value based on $80.15 per unit. Following this grant, Williams holds 2,246 RSUs directly.

The RSUs were granted under the PSEG 2021 Equity Compensation Plan for Outside Directors and are a form of deferred equity compensation. They are subject to forfeiture if the director leaves board service and are settled in shares of common stock after termination of service. The RSUs do not have a standard exercisable or expiration date.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Williams Geisha J

Role null

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	2,246	$80.15	$180K

Holdings After Transaction: Restricted Stock Units — 2,246 shares (Direct, null)

Footnotes (1)

Restricted Stock Units convert to common stock on a one-for-one basis. Restricted Stock Units represent the share equivalent of amount granted, with payment deferred, under the PSEG 2021 Equity CompensationPlanFor Outside Directors. Restricted Stock Units are subject to forfeiture if a director leaves service and are paid in shares of common stock after termination of service. The derivative, Restricted Stock Units, do not have a corresponding exercisable date nor expiration date.

Key Figures

RSUs granted: 2,246 units Reference price per RSU: $80.15 per unit RSUs held after grant: 2,246 units +1 more

4 metrics

RSUs granted 2,246 units Restricted Stock Units awarded to director on 2026-05-01

Reference price per RSU $80.15 per unit Transaction price per share for RSU grant

RSUs held after grant 2,246 units Total Restricted Stock Units following the reported transaction

Conversion ratio 1 RSU : 1 share RSUs convert to common stock on a one-for-one basis

Key Terms

Restricted Stock Units, PSEG 2021 Equity CompensationPlanFor Outside Directors, subject to forfeiture

3 terms

Restricted Stock Units financial

"Restricted Stock Units convert to common stock on a one-for-one basis."

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

PSEG 2021 Equity CompensationPlanFor Outside Directors financial

"granted, with payment deferred, under the PSEG 2021 Equity CompensationPlanFor Outside Directors."

subject to forfeiture financial

"Restricted Stock Units are subject to forfeiture if a director leaves service"

Form 4 Insider Transactions: What Each Field Means →

05/05/2026 - 03:17 PM

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
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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^*

Williams Geisha J

(Last)

(First)

(Middle)

C/O PSEG

80 PARK PLAZA

(Street)

NEWARK

NEW JERSEY

07102

(City)

(State)

(Zip)

UNITED STATES

(Country)

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
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units	⁽¹⁾	05/01/2026		A⁽²⁾		2,246		⁽³⁾	⁽³⁾	Common Stock	2,246	$80.15	2,246	D

Explanation of Responses:

1. Restricted Stock Units convert to common stock on a one-for-one basis. Restricted Stock Units represent the share equivalent of amount granted, with payment deferred, under the PSEG 2021 Equity CompensationPlanFor Outside Directors.

2. Restricted Stock Units are subject to forfeiture if a director leaves service and are paid in shares of common stock after termination of service.

3. The derivative, Restricted Stock Units, do not have a corresponding exercisable date nor expiration date.

	Isabel Ryan, as Attorney-in-Fact for Geisha J. Williams	05/04/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did PEG director Geisha J. Williams report?

Geisha J. Williams reported receiving a grant of 2,246 Restricted Stock Units. These awards are a form of deferred equity compensation that convert into common stock on a one-for-one basis and are tied to her role as an outside director at PUBLIC SERVICE ENTERPRISE GROUP INC.

How many Restricted Stock Units did PEG grant to director Geisha J. Williams?

PUBLIC SERVICE ENTERPRISE GROUP INC granted Geisha J. Williams 2,246 Restricted Stock Units. After this award, she holds 2,246 RSUs directly. Each unit is economically valued at $80.15 in the filing and converts into one share of PEG common stock when ultimately settled.

What is the value per unit of the Restricted Stock Units granted to PEG’s director?

The Restricted Stock Units granted to Geisha J. Williams use a reference value of $80.15 per unit. This price is shown as the transaction price per share in the Form 4 and helps indicate the notional value of the 2,246-unit equity award she received.

When will Geisha J. Williams receive PEG common stock from these RSUs?

The RSUs are paid in shares of PUBLIC SERVICE ENTERPRISE GROUP INC common stock after the director’s termination of service. Until then, the award remains deferred. The footnotes specify settlement occurs following the end of board service rather than on a fixed vesting or exercise date.

Are the Restricted Stock Units granted to PEG director Geisha J. Williams forfeitable?

Yes. The filing states that the Restricted Stock Units are subject to forfeiture if the director leaves service. This means Williams could lose some or all of the 2,246 units if she departs the board before satisfying the plan conditions tied to the award.

Do the PEG Restricted Stock Units granted to Geisha J. Williams have an expiration date?

The footnotes explain that the Restricted Stock Units have no standard exercisable or expiration date. Instead, they convert to common stock on a one-for-one basis and are settled after the director’s service ends, rather than expiring on a preset calendar date.