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Director Willie Deese granted 2,246 PEG shares at $80.15 in PUBLIC SERVICE ENTERPRISE GROUP (NYSE: PEG) filing

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Public Service Enterprise Group Inc. director Willie A. Deese received a stock-based grant. On May 1, 2026, he acquired 2,246 shares of Common Stock as a grant/award valued at $80.15 per share under the PSEG 2021 Equity Compensation Plan for Outside Directors.

After this award and related dividend reinvestment equivalents, Deese directly holds 11,933.239 shares of Public Service Enterprise Group Inc. common stock. The filing characterizes this as a compensation-related acquisition rather than an open-market purchase.

Positive

  • None.

Negative

  • None.
Insider Deese Willie A
Role null
Type Security Shares Price Value
Grant/Award Common Stock 2,246 $80.15 $180K
Holdings After Transaction: Common Stock — 11,933.239 shares (Direct, null)
Footnotes (1)
  1. 2026 Restricted Stock Unit grant under the PSEG 2021 Equity Compensation Plan For Outside Directors. Amount includes accumulated dividend reinvestment equivalents that are exempt from Section 16.
Shares granted 2,246 shares Restricted Stock Unit grant dated May 1, 2026
Grant price per share $80.15 per share Reference price for 2026 RSU grant
Shares owned after grant 11,933.239 shares Direct holdings following transaction, including dividend equivalents
Acquisition transactions 1 transaction Form 4 summary shows one acquire-type entry
Buy/sell activity 0 shares bought or sold No open-market buys or sells in this filing
Restricted Stock Unit financial
"2026 Restricted Stock Unit grant under the PSEG 2021 Equity Compensation Plan For Outside Directors."
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
PSEG 2021 Equity Compensation Plan For Outside Directors financial
"2026 Restricted Stock Unit grant under the PSEG 2021 Equity Compensation Plan For Outside Directors."
dividend reinvestment equivalents financial
"Amount includes accumulated dividend reinvestment equivalents that are exempt from Section 16."
Section 16 regulatory
"Amount includes accumulated 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.
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Deese Willie A

(Last)(First)(Middle)
C/O PSEG
80 PARK PLAZA, T4B

(Street)
NEWARK NEW JERSEY 07102

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
PUBLIC SERVICE ENTERPRISE GROUP INC [ PEG ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock05/01/2026A2,246(1)A$80.1511,933.239(2)D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. 2026 Restricted Stock Unit grant under the PSEG 2021 Equity Compensation Plan For Outside Directors.
2. Amount includes accumulated dividend reinvestment equivalents that are exempt from Section 16.
Isabel Ryan, as Attorney-in-Fact for Willie A. Deese05/04/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did director Willie A. Deese report in this Form 4 for PUBLIC SERVICE ENTERPRISE GROUP (PEG)?

Willie A. Deese reported receiving a stock-based grant of 2,246 shares of PUBLIC SERVICE ENTERPRISE GROUP common stock. The acquisition is a compensation-related award, not an open-market purchase, and is reported as an increase in his direct ownership position.

How many PUBLIC SERVICE ENTERPRISE GROUP (PEG) shares did Willie A. Deese acquire?

Willie A. Deese acquired 2,246 shares of PUBLIC SERVICE ENTERPRISE GROUP common stock. The transaction is coded as a grant or award acquisition, reflecting equity compensation provided to him as an outside director under the company’s established equity compensation plan.

What price per share is associated with Willie A. Deese’s Form 4 award in PEG stock?

The reported reference price for the grant is $80.15 per share of PUBLIC SERVICE ENTERPRISE GROUP common stock. This figure reflects the grant valuation used in the Form 4, rather than a cash purchase price paid in an open-market transaction.

What is Willie A. Deese’s PUBLIC SERVICE ENTERPRISE GROUP (PEG) shareholding after this transaction?

Following the reported award, Willie A. Deese directly holds 11,933.239 shares of PUBLIC SERVICE ENTERPRISE GROUP common stock. This amount also includes accumulated dividend reinvestment equivalents, which are noted as exempt from Section 16 reporting requirements in the filing footnotes.

What type of equity award did Willie A. Deese receive from PUBLIC SERVICE ENTERPRISE GROUP (PEG)?

The filing describes the award as a 2026 Restricted Stock Unit grant under the PSEG 2021 Equity Compensation Plan For Outside Directors. Restricted Stock Units are stock-based compensation that typically vest over time, aligning director interests with long-term shareholder value.

Does Willie A. Deese’s Form 4 for PUBLIC SERVICE ENTERPRISE GROUP (PEG) involve an open-market stock purchase?

The Form 4 shows a grant or award acquisition, not an open-market purchase. The transaction code is “A,” indicating shares were received as compensation, rather than being bought on the open market, which would ordinarily be reported under transaction code “P” for purchases.