Form 4: Constellation Energy Director Charles Harrington Reports Acquisition of Deferred Stock Units
SEC Form 4 Filing
Director Charles L. Harrington reports acquisition of deferred stock units and phantom share equivalents in Constellation Energy Corp.
Summary
- Charles L. Harrington, a director of Constellation Energy Corp, reported changes in beneficial ownership on December 31, 2024.
- He acquired 168 shares of common stock in the form of Deferred Stock Units at a price of $253.63.
- He also acquired 184 units of Deferred Compensation Phantom Share Equivalents, with each equivalent representing one share of common stock.
- The price of the derivative security is $223.71.
- Following these transactions, Harrington beneficially owns 4,670 shares of common stock directly and 4,500 derivative securities.
- He also owns 25 shares of common stock indirectly through a trust and 15 shares through his spouse's trust.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Future Outlook
The balance of phantom share equivalents may fluctuate due to periodic changes in the fund composition.
Industry Context
This filing is a routine disclosure of stock ownership changes by a company insider, as required by the SEC. It provides transparency to investors regarding the holdings of company executives and directors.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the holdings of a company director.
Key Dates
| Date | Description |
|---|---|
| 12/06/2024 | Automatic dividend reinvestment and share equivalents accrued. |
| 12/31/2024 | Date of transaction for acquisition of deferred stock units and phantom share equivalents. |
| 01/03/2025 | Date of signature for the report. |
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