PEG COO reports tax-withholding share transactions
Public Service Enterprise Group President and COO of PSE&G, Kim C. Hanemann, reported routine share disposals to cover tax obligations.
Rhea-AI Filing Summary
Public Service Enterprise Group President and COO of PSE&G, Kim C. Hanemann, reported routine share disposals to cover tax obligations. On February 10, 2026, 477 shares of common stock and on February 11, 2026, 363 shares were withheld by the issuer at $82.31 per share to satisfy FICA taxes. After these tax-withholding dispositions, Hanemann directly held 82,978.084 common shares and indirectly held 8.7731 shares through a 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise Price or Tax Liability: 840 shares
Exercise Price or Tax Liability
3 txns
Insider
Hanemann Kim C
Role
President and COO - PSE&G
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 363 | $82.31 | $30K |
| Exercise Price or Tax Liability | Common Stock | 477 | $82.31 | $39K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 82,978.084 shares (Direct);
Common Stock — 8.7731 shares (Indirect, By 401(k))
Footnotes (1)
- F1. Transaction includes withholdings of shares by the Issuer to satisfy FICA taxes.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did PEG President and COO Kim C. Hanemann report?
Hanemann reported two tax-withholding dispositions of PEG common stock. On February 10, 2026, 477 shares were withheld, and on February 11, 2026, 363 shares were withheld to satisfy FICA taxes at $82.31 per share.
Were Kim C. Hanemann’s PEG stock transactions open-market sales?
No, the reported PEG stock transactions were not open-market sales. They were coded “F,” meaning shares were withheld by the issuer to pay FICA tax obligations related to equity compensation, rather than discretionary buying or selling in the market.
What does transaction code “F” mean in the PEG Form 4 filing?
Transaction code “F” indicates payment of an exercise price or tax liability by delivering securities. In this PEG Form 4, it shows the issuer withheld shares from Hanemann’s awards to satisfy FICA taxes instead of her paying cash.
AI-generated analysis. How Rhea-AI works. Not financial advice.