PSE&G President Kim Hanemann Disposes Shares for Tax Withholding
PUBLIC SERVICE ENTERPRISE GROUP INC
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Filing Summary
Public Service Enterprise Group Inc ($PEG) - Form 4 Filing Summary • Insider: Kim C. Hanemann (President and COO - PSE&G) • Transaction: Tax Withholding (Code F) • Shares: 344 at $71.49 ($24,592.56 total) • Post-Transaction Holdings: 98,750.857 shares • Significance: Low (Routine disposition to satisfy FICA tax obligations)
Comprehensive Analysis
Transaction Overview
On October 16, 2026, Kim C. Hanemann, President and Chief Operating Officer of PSE&G (a subsidiary of Public Service Enterprise Group Inc), had 344 shares of common stock withheld by the company at a price of $71.49 per share. The transaction total was approximately $24,592.56.
Transaction Nature and Significance
- Transaction Code: 'F' indicates shares withheld to satisfy tax withholding obligations (specifically FICA taxes as indicated in the footnotes).
- Significance: Low. This is an automated/administrative disposition for tax compliance purposes rather than an open-market, discretionary trade indicating sentiment about the company's financial future.
Ownership Post-Transaction
Following the disposition, Kim C. Hanemann directly retains ownership of 98,750.857 shares of Public Service Enterprise Group Inc common stock, which includes accumulated dividend reinvestments exempt from Section 16 reporting.
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