Public Service Enterprise Group CEO Sells 2,083 Shares
LaRossa disposed of 2,083 shares in a routine liquidation event.
Ralph A. LaRossa, CEO of Public Service Enterprise Group (PEG), disclosed on September 1, 2026, the sale of 2,083 shares of the company's stock, as reported in a recent SEC Form 4 filing. The transaction yielded a total value of approximately $153,000, calculated using a weighted average sale price of $73.46 per share, according to the SEC Form 4.
By the end of September 1, 2026, the market value of each share had slightly increased to $73.48. PSEG, a major utility provider across the Eastern United States, employs around 13,189 individuals and boasts a market capitalization of $36 billion, highlighting its crucial role as a key infrastructure player in the region. The company's strategic blend of regulated utility operations and competitive power generation creates a diversified revenue base, bolstered by its investments in infrastructure modernization and renewable energy expansion.
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