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AI brief of an SEC Form 8-K · Public Service Enterprise (PEG)

PSEG Amends Executive Severance and Deferred Compensation Plans

Neutral Impact 2 of 5 leadership Written later

PSEG's Organization and Compensation Committee adopted amendments on November 18, 2024, to its Key Executive Severance Plan and Deferred Compensation Plan as part of a periodic compensation review. The KESP change expands eligible positions to include designated Section 16 Officer positions, and the DCP change extends Core Contribution benefits to certain non-officer highly-compensated employees.

Key points

  • Both amendments were adopted November 18, 2024 and took effect the same day.
  • KESP amendment adds designated Section 16 Officer positions to Schedule A, excluding one officer currently on Schedule B.
  • DCP amendment provides Core Contribution benefits to certain highly-compensated non-officer employees, not only officers.
  • Amended plans are filed as Exhibits 10.1 (KESP) and 10.2 (DCP); the filing gives no dollar figures.

The filing

CompanyPublic Service Enterprise (PEG)
Form8-K, current report
Filed with the SECNov 19, 2024, 4:33 PM ET
Accession number0000950170-24-128681

Items reported: 5.02 Director / Officer Change

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:30 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 19, 2024.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.