CEO LaRossa Quietly Offloads $640K in PSEG Shares Amid Insider‑Selling Trend

Insider Selling Sparks a Quiet Shift at PSEG

On February 13, 2026, Chief Executive Officer and Chairman LaRossa Ralph A executed a sizable sale of 7,534 shares of Public Service Enterprise Group Inc. (PSEG) at $84.91 per share—slightly below the day’s close of $84.32. This move follows a pattern of recent sales by LaRossa, who has divested 2,496 shares on 2026‑02‑11 and 2,844 shares on 2026‑02‑10, bringing his post‑transaction holdings to roughly 187,769 shares. While the total value of the current sale ($640,000) is modest relative to the company’s $43.1 billion market cap, the timing amid a broader wave of insider selling raises questions about confidence in short‑term growth.

What the Numbers Mean for Investors

The CEO’s cumulative selling over the past three months (≈$2.3 million) coincides with a slight uptick in social‑media buzz (49 % above average) and a neutral‑to‑slightly‑positive sentiment score (+23). These signals suggest that the sale is not perceived as a red flag by the market yet; rather, it appears to be a routine portfolio adjustment. The company’s stock, trading near a 52‑week low of $74.67 and a recent high of $91.26, has shown modest weekly gains (0.2%) and a 6.24% monthly rise, indicating resilience in the face of regulatory headwinds.

Insider Activity Across the Board

PSEG’s top executives have collectively sold a combined 1,593 shares on February 13 alone, with additional sales from the COO, CFO, and other senior leaders in the past week. While these figures are small relative to the company’s outstanding shares, the pattern of consistent, low‑volume sales by multiple insiders could signal a strategic shift toward portfolio diversification or a response to impending capital‑allocation decisions—such as the recent announcement of a $3 billion investment in grid modernization. Investors should watch for future filings that may reveal whether these sales precede or follow major capital‑expenditure plans.

LaRossa Ralph A: A Profile of Pragmatic Selling

LaRossa’s transaction history reveals a cautious, incremental divestiture strategy. In 2025, he sold 1,261 shares at $80.65, and in 2026 he has sold roughly 6,800 shares at prices ranging from $82.31 to $84.91. His post‑sale holdings consistently hover in the 185,000–198,000 share range, representing about 0.4 % of outstanding shares. The steady, modest nature of these sales contrasts with more aggressive insider selling observed in other utilities, suggesting that LaRossa is managing personal liquidity without signaling a loss of faith in PSEG’s long‑term prospects.

Looking Ahead

While the CEO’s recent sale may not dramatically alter the company’s valuation, it underscores the importance of monitoring insider activity as a potential harbinger of broader strategic moves. PSEG’s robust earnings, stable dividend policy, and ongoing investment in infrastructure position it well for long‑term growth. For investors, the key will be to balance the modest insider divestitures against the company’s steady operational performance and planned capital expenditures. Keeping an eye on subsequent filings—especially those related to capital allocation or regulatory filings—will provide clearer insight into whether these sales presage a more significant shift in PSEG’s strategic trajectory.