PSEG director awarded 2,246 restricted stock units
PUBLIC SERVICE ENTERPRISE GROUP INC director Jamie M. Gentoso received a grant of 2,246 Restricted Stock Units (RSUs).
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.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 2,246 | $80.15 | $180K |
Footnotes (4)
- 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 Compensation PlanFor 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.
- F4. Amount includes accumulated dividend reinvestment equivalents that are exempt from Section 16.
Key Figures
Key Terms
Restricted Stock Units financial
PSEG 2021 Equity Compensation Plan For Outside Directors financial
dividend reinvestment equivalents financial
Section 16 regulatory
FAQ
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What insider transaction did PSEG (PEG) report for Jamie M. Gentoso?
How many Restricted Stock Units were granted to PSEG director Jamie Gentoso?
What is the value reference for Jamie Gentoso’s PSEG RSU grant?
How many PSEG RSUs does Jamie Gentoso hold after this transaction?
Are Jamie Gentoso’s PSEG RSUs subject to forfeiture or special conditions?
AI-generated analysis. How Rhea-AI works. Not financial advice.