Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain
Officers.
On April 17, 2023, the Organization and Compensation Committee of the Board of
Directors of Public Service Enterprise Group Incorporated (PSEG) approved a
retention award for Daniel J. Cregg, Executive Vice President and Chief
Financial Officer, in the amount of $2,000,000 in the form of Restricted Stock
Units granted under PSEG's Long-Term Incentive Plan. The vesting of this award
is conditioned on Mr. Cregg remaining an active employee of PSEG or one of its
subsidiaries through January 1, 2025.
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