PSEG CEO Ralph LaRossa Disposes of 1,639 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: Ralph A. LaRossa (Chair, President and CEO) Transaction: Disposed 1,639 Common Shares at $71.49/share ($117,172.11 total) Nature: Tax Withholding (Code F - FICA taxes) Shares Held Post-Transaction: 278,569.96 shares Significance: Low (Routine administrative tax withholding)
Comprehensive Analysis
Executive Summary
On October 20, 2026, Public Service Enterprise Group Inc ($PEG) filed a Form 4 disclosing that Chair, President, and CEO Ralph A. LaRossa disposed of 1,639 shares of Common Stock on October 16, 2026, at a price of $71.49 per share. The transaction totaled approximately $117,172.11.
Transaction Analysis
- Transaction Code F: The shares were withheld directly by the issuer to satisfy FICA tax withholding obligations.
- Direct Ownership Impact: Following this tax-related transaction, Mr. LaRossa continues to hold 278,569.9643 shares directly (including exempt dividend reinvestments).
- Market Implications: Tax withholding transactions (Code F) are routine, nondiscretionary administrative dispositions and do not reflect an open-market sale or discretionary sentiment shift by leadership.
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