Public Service Enterprise Group VP & Controller Disposes of Shares for Tax Withholding
PUBLIC SERVICE ENTERPRISE GROUP INC
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Filing Summary
📋 Form 4 Filing: Public Service Enterprise Group Inc ($PEG) Insider: Rose M. Chernick (Vice President and Controller) Transaction: Disposed 109 shares of Common Stock at $71.49 per share ($7,792.41 total) via tax withholding (Code F). Post-Transaction Direct Holdings: 43,802.7892 shares Significance: Low (Routine tax obligation disposition)
Comprehensive Analysis
Executive Summary
On October 20, 2026, Public Service Enterprise Group Inc ($PEG) reported a Form 4 transaction for Vice President and Controller Rose M. Chernick. On October 16, 2026, Chernick surrendered 109 shares of Common Stock to satisfy FICA tax withholding liabilities at an execution price of $71.49 per share, totaling approximately $7,792.41.
Transaction Details
- Security: Common Stock
- Transaction Code: F (Payment of exercise price or tax liability by delivering or withholding securities)
- Shares Disposed: 109
- Price Per Share: $71.49
- Total Transaction Value: $7,792.41
- Direct Ownership Post-Transaction: 43,802.7892 shares
- Indirect Ownership: 2,678.8423 shares held through a 401(k) plan
Market & Strategic Context
This transaction reflects an automatic, administrative disposition of shares directly to the issuer to cover statutory tax obligations associated with equity compensation. Because it was not an open-market sale or discretionary divestiture, it carries low informational value regarding executive sentiment or business performance.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
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