PSEG director awarded 2,246 restricted stock units
Williams Geisha J reported acquisition or exercise transactions in this Form 4 filing.
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 2,246 | $80.15 | $180K |
Footnotes (3)
- F1. 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.
- F2. Restricted Stock Units are subject to forfeiture if a director leaves service and are paid in shares of common stock after termination of service.
- F3. The derivative, Restricted Stock Units, do not have a corresponding exercisable date nor expiration date.
Key Figures
Key Terms
Restricted Stock Units financial
PSEG 2021 Equity CompensationPlanFor Outside Directors financial
subject to forfeiture financial
FAQ
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What insider transaction did PEG director Geisha J. Williams report?
How many Restricted Stock Units did PEG grant to director Geisha J. Williams?
What is the value per unit of the Restricted Stock Units granted to PEG’s director?
When will Geisha J. Williams receive PEG common stock from these RSUs?
Are the Restricted Stock Units granted to PEG director Geisha J. Williams forfeitable?
Do the PEG Restricted Stock Units granted to Geisha J. Williams have an expiration date?
AI-generated analysis. How Rhea-AI works. Not financial advice.