PEG (PEG) CFO Cregg reports tax-withholding disposition of 2,128 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PUBLIC SERVICE ENTERPRISE GROUP INC executive reports tax-withholding share disposition. Executive VP & CFO Daniel J. Cregg transferred 2,128 shares of common stock on a tax-withholding basis at $84.91 per share, a routine transaction to cover tax obligations. After this, he directly holds 179,869.499 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Cregg Daniel J
Role
Executive VP & CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 2,128 | $84.91 | $181K |
Holdings After Transaction:
Common Stock — 179,869.499 shares (Direct)
Footnotes (1)
FAQ
What insider transaction did PEG executive Daniel J. Cregg report?
Daniel J. Cregg, Executive VP & CFO of PEG, reported a tax-withholding disposition of 2,128 shares of common stock at $84.91 per share. This Form 4 reflects shares withheld to satisfy tax obligations, not an open-market purchase or sale.
What does transaction code F mean in the PEG Form 4 filing?
Transaction code F in the PEG Form 4 indicates “payment of exercise price or tax liability by delivering securities.” It signals that shares were withheld or delivered to cover taxes or exercise costs, rather than representing a voluntary buy or sell in the market.
Is the PEG insider transaction categorized as a buy or sell?
The PEG insider transaction is categorized as a disposition with a tax-withholding action, not a standard buy or sell. The filing labels it as a payment of tax liability by delivering securities, reflecting an administrative step tied to equity compensation.