Director Jamie Gentoso receives 2,246 RSUs at PSEG (NYSE: PEG)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PUBLIC SERVICE ENTERPRISE GROUP INC director Jamie M. Gentoso received a grant of 2,246 Restricted Stock Units (RSUs). The RSUs convert to common stock on a one-for-one basis and were valued at $80.15 per unit for grant purposes. After this award, Gentoso directly holds 13,480.168 RSUs, including accumulated dividend reinvestment equivalents. The RSUs are granted under the PSEG 2021 Equity Compensation Plan for outside directors, are subject to forfeiture if the director leaves service, and are paid in shares of common stock after termination of service. These RSUs do not have a specific exercise or expiration date and represent compensation rather than an open-market share purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Gentoso Jamie M
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 2,246 | $80.15 | $180K |
Holdings After Transaction:
Restricted Stock Units — 13,480.168 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 Compensation PlanFor 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. Amount includes accumulated dividend reinvestment equivalents that are exempt from Section 16.
Key Figures
RSUs granted: 2,246 Restricted Stock Units
Grant reference price: $80.15 per unit
RSUs held after grant: 13,480.168 Restricted Stock Units
+1 more
4 metrics
RSUs granted
2,246 Restricted Stock Units
Grant to director Jamie M. Gentoso on 2026-05-01
Grant reference price
$80.15 per unit
Price per Restricted Stock Unit reported for the award
RSUs held after grant
13,480.168 Restricted Stock Units
Total direct RSU holdings following the transaction
Conversion ratio
1 RSU : 1 common share
RSUs convert to PSEG common stock on a one-for-one basis
Key Terms
Restricted Stock Units, PSEG 2021 Equity Compensation Plan For Outside Directors, dividend reinvestment equivalents, Section 16
4 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 Compensation Plan For Outside Directors financial
"payment deferred, under the PSEG 2021 Equity Compensation PlanFor Outside Directors."
dividend reinvestment equivalents financial
"Amount includes accumulated dividend reinvestment equivalents that are exempt from Section 16."
Section 16 regulatory
"dividend reinvestment equivalents that are exempt from Section 16."
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
FAQ
What insider transaction did PSEG (PEG) report for Jamie M. Gentoso?
PSEG reported that director Jamie M. Gentoso received a grant of 2,246 Restricted Stock Units. These RSUs are a form of equity compensation that convert into common stock on a one-for-one basis rather than an open-market share purchase or sale.
How many Restricted Stock Units were granted to PSEG director Jamie Gentoso?
Jamie M. Gentoso was granted 2,246 Restricted Stock Units. Each RSU represents the right to receive one share of PSEG common stock in the future, subject to plan terms, rather than immediate ownership of freely tradable shares.
What is the value reference for Jamie Gentoso’s PSEG RSU grant?
The 2,246 Restricted Stock Units granted to Jamie Gentoso carry a reference price of $80.15 per unit. This figure reflects the grant price used for reporting and compensation purposes, not a cash transaction or open-market trade in PSEG shares.
How many PSEG RSUs does Jamie Gentoso hold after this transaction?
After the grant, Jamie Gentoso directly holds 13,480.168 Restricted Stock Units. This total includes the new 2,246-unit award plus previously accumulated RSUs and dividend reinvestment equivalents associated with PSEG’s equity compensation program for outside directors.
Are Jamie Gentoso’s PSEG RSUs subject to forfeiture or special conditions?
Yes. The RSUs are subject to forfeiture if Jamie Gentoso leaves board service. They are granted under the PSEG 2021 Equity Compensation Plan for outside directors and are settled in shares of common stock after service ends, reflecting long-term, service-based equity compensation.