Civil Service: Declaration of Change of Beneficial Ownership (Form 4)

By Adrian L. Aguilar Last updated Mar 28, 2022

Property Submission

FORM 4

Check this box if you are no longer subject to section 16, the obligations of Form 4 or Form 5 may continue. To see Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549STATEMENT OF CHANGES IN THE EFFECTIVE BENEFICIARIES OF THE SHARES Filed under Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

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1. Name and address of reporting person ^*

JACKSON SHIRLEY A

2. Name of issuer and stock symbol or trading symbol
PUBLIC SERVICE GROUP INC. [PEG]

5. Relationship between the reporting person(s) and the issuer
(Check all that apply)

__X__ Director	_____ 10% Owner
_____ Officer (indicate title below)	_____ Other (specify below)

(Last)	(First)	(Environment)
A/S PSEG , 80 PARK PLAZA

3. Date of first transaction (month/day/year)

4. In case of modification, date of filing of the original (month/day/year)

6. Individual or joint/group filing (check applicable row)
_X_ Form filed by a reporting person
___ Form filed by more than one declarant

Table I – Non-derivative securities acquired, sold or beneficially owned

1. Title of guarantee	2. Transaction date (month/day/year)	2A. Deemed execution date, if applicable (month/day/year)	3. Transaction code	4. Securities acquired (A) or transferred (D)	5. Amount of securities beneficially owned as a result of the reported transaction(s)	6. Form of ownership: direct (D) or indirect (I)	7. Nature of Indirect Beneficial Ownership
Coded	V	Rising	(A) or (D)	Price

Table II – Beneficial ownership derivative securities (for exampleputs, calls, warrants, options, convertible securities)
(for exampleputs, calls, warrants, options, convertible securities)

1. Title of derivative title	2. Conversion or exercise price of the derivative security	3. Transaction date (month/day/year)	3A. Deemed execution date, if applicable (month/day/year)	4. Transaction code	5. Number of derivative securities acquired (A) or sold (D)	6. Exercise date and expiry date	7. Title and amount of the securities underlying the derivative securities	8. Price of derivative securities	9. Number of derivative securities beneficially owned as a result of reported transactions	10. Form of ownership of derivative securities: direct (D) or indirect (I)	11. Nature of Indirect Beneficial Ownership
Coded	V	(A)	(D)	Exercise date	Expiration date	Title	Amount or number of shares

Reporting owners

Name/address of declaring owner	Relationships
Director	10% Owner	Officer	Other
JACKSON SHIRLEY A A/S PSEG 80 PARK SQUARE NEWARK, NJ07102	X

Signatures

Rosalyn Pichardo as Shirley Ann Jackson’s de facto attorney	2022-03-28
^**Signature of declaring person	Dated

Explanation of answers:

	If the form is completed by several declarants, to see
Section 5(b)(v).	(*) Intentional misrepresentation or omission of facts are federal criminal offenses.* To see
18 USC 1001 and 15 USC 78ff(a).	(1)
The phantom shares are converted into common shares on a 1 for 1 basis. The phantom shares represent the equity equivalent of the deferred amount under the directors’ deferred compensation plan.	(2)
The phantom stock shares become payable, in cash or common stock, at the declarant’s option, upon termination of his or her duties as a director.	(3)
The derivative, the phantom stock, has no corresponding exercise date or expiry date.	(4)

The amount includes reinvestment equivalents of accrued dividends which are exempt from section 16. Note: Submit three copies of this form, one of which must be manually signed. If space is insufficient, To see

Instruction 6 for the procedure. Potential individuals who need to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.

Warning PSEG – Public Service Enterprise Group Inc. published this content on March 28, 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unmodified, onMarch 28, 2022 4:40:09 PM UTC

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Analyst Recommendations for PUBLIC SERVICE ENTERPRISE GROUP, INC.

	2022 sales 9,405 million –
–	2022 net income 1,734 million –
–	Net debt 2022 17,279 million –
–	PER 2022 ratio
19.7x	2022 return

3.16%	Capitalization 34,297 million 34,297M
–	EV / Sales 2022
5.48x	EV / Sales 2023
5.54x	# of employees
12,684	Floating

94.2%

Chart PUBLIC SERVICE ENTERPRISE GROUP, INC.

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Trends in Technical Analysis PUBLIC SERVICE ENTERPRISE GROUP, INC.

		Short term	Middle term
Long term	Tendencies	Bullish	Bullish

Bullish

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To buy	Medium consensus
SURPASS	Number of analysts
20	Last closing price
$68.31	Average target price
$72.41	Average Spread / Target

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Civil Service: Declaration of Change of Beneficial Ownership (Form 4)

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