Public Service Enterprise (NYSE: PEG) CEO sells 2,083 shares under trading plan
Rhea-AI Filing Summary
PUBLIC SERVICE ENTERPRISE GROUP INC Chair, President and CEO Ralph A. LaRossa reported a sale of 2,083 shares of common stock on August 3, 2026, coded as a sale in open market or private transaction, at a weighted average price of $76.4716 per share within a range of $76.0500 to $77.3200, pursuant to a Rule 10b5-1 trading plan. Following this transaction, he directly holds 283,656.4593 shares of common stock, which include accumulated dividend reinvestments that are exempt from Section 16.
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Insider Trade Summary 10b5-1
Net Seller: 2,083 shares
Net Sell
1 txn
Insider
LaRossa Ralph A
Role
Chair, President and CEO
Sold
2,083 shs ($159K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 2,083 | $76.4716 | $159K |
Holdings After Transaction:
Common Stock — 283,656.4593 shares (Direct)
Footnotes (2)
- F1. This represents the weighted average price of shares at a range between 76.0500 and 77.3200. The reporting person undertakes to provide full share price information upon request.
- F2. Amount includes accumulated dividend reinvestments that are exempt from Section 16.
Key Figures
Shares sold: 2,083 shares
Weighted average sale price: $76.4716 per share
Shares owned after transaction: 283,656.4593 shares
+1 more
4 metrics
Shares sold
2,083 shares
Common stock sale on August 3, 2026 by CEO Ralph A. LaRossa
Weighted average sale price
$76.4716 per share
Sale in open market or private transaction; price range $76.0500–$77.3200
Shares owned after transaction
283,656.4593 shares
Direct common stock holdings after sale, including dividend reinvestments
Net insider share change
-2,083 shares
Net sell shares reported in this Form 4 transaction summary
Key Terms
weighted average price, dividend reinvestments, Section 16, sale in open market or private transaction
4 terms
weighted average price financial
"This represents the weighted average price of shares at a range"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
dividend reinvestments financial
"Amount includes accumulated dividend reinvestments that are exempt"
Section 16 regulatory
"dividend reinvestments 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.
sale in open market or private transaction regulatory
"transaction code description is Sale in open market or private transaction"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did PUBLIC SERVICE ENTERPRISE GROUP INC (PEG) CEO Ralph LaRossa report?
Ralph A. LaRossa reported selling 2,083 shares of PUBLIC SERVICE ENTERPRISE GROUP INC common stock on August 3, 2026. The sale was coded as a sale in open market or private transaction and conducted under a Rule 10b5-1 trading plan.
At what price did PEG CEO Ralph LaRossa sell his PUBLIC SERVICE ENTERPRISE GROUP INC shares?
The shares were sold at a weighted average price of $76.4716 per share, with individual transaction prices ranging from $76.0500 to $77.3200. The reporting person has stated willingness to provide full share-by-share price details upon request.
Was Ralph LaRossa’s PEG stock sale made under a Rule 10b5-1 trading plan?
Yes. The filing affirms that the reported transactions were executed under a Rule 10b5-1 trading plan. Such pre-arranged plans allow insiders to systematically sell shares according to predetermined instructions, which can reduce the informational significance of any single sale’s timing.
What transaction code was used in Ralph LaRossa’s PUBLIC SERVICE ENTERPRISE GROUP INC (PEG) Form 4?
The transaction used code “S”, defined as a sale in open market or private transaction. This indicates a disposition of common stock rather than a grant, option exercise, or gift, and is categorized as a non-derivative transaction in the Form 4 data.
Does the Form 4 for PEG mention anything special about dividend reinvestments in LaRossa’s holdings?
Yes. A footnote explains that the post-transaction holdings amount includes accumulated dividend reinvestments. These reinvested shares are described as exempt from Section 16, meaning they are not subject to certain insider reporting rules despite being included in the total.