Form 4: Constellation Energy Corp Director Lawless Reports Changes in Beneficial Ownership
SEC Form 4
Director Robert J. Lawless reports changes in beneficial ownership of Constellation Energy Corp stock, including acquisitions of deferred stock units and phantom share equivalents.
Summary
- Robert J. Lawless, a director of Constellation Energy Corp, filed a Form 4 detailing changes in his beneficial ownership of the company's stock.
- On December 31, 2024, Lawless acquired 168 shares of common stock (deferred stock units) at a price of $253.63.
- He also disposed of 1,091 shares of common stock.
- Lawless acquired 363 phantom share equivalents at $223.71 on December 31, 2024.
- The report also reflects dividend reinvestments in both deferred stock units and phantom share equivalents.
- The deferred stock units and phantom share equivalents will be settled in cash upon termination of Lawless's service as a director.
Sentiment
Score: 5
Explanation: This is a routine filing reflecting standard compensation and investment activities of a company director. It doesn't indicate overwhelmingly positive or negative sentiment.
Negatives
- Lawless disposed of 1,091 shares of common stock.
Future Outlook
The deferred stock units and phantom share equivalents will be settled in cash upon termination of the reporting person's service.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Key Dates
| Date | Description |
|---|---|
| 12/06/2024 | Automatic dividend reinvestment resulting in additional stock units and share equivalents. |
| 12/31/2024 | Transaction date for acquisition of deferred stock units and phantom share equivalents. |
| 01/03/2025 | Date of signature for the Form 4 filing. |
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