Form 4: Constellation Energy Director Charles Harrington Reports Acquisition of Deferred Stock Units

Director Charles Harrington reports acquiring deferred stock units in Constellation Energy, along with adjustments to phantom share equivalents in a deferred compensation plan.

Summary

• On September 30, 2024, Charles L. Harrington, a director of Constellation Energy Corp, acquired 246 shares of common stock in the form of Deferred Stock Units at a price of $173.11.
• Following this transaction, Harrington directly owns 4,496 shares of common stock, which includes approximately 9 shares acquired through automatic dividend reinvestment on September 6, 2024.
• Harrington also indirectly owns 25 shares of common stock through a trust and 15 shares through his spouse's trust.
• Additionally, Harrington acquired 159 phantom share equivalents in his Constellation Energy Corporation stock fund account, part of a non-qualified deferred compensation plan, at a price of $260.02.
• These phantom share equivalents will be settled in cash on a 1-for-1 basis upon termination of his service.
• The balance of phantom share equivalents, totaling 4,303, may fluctuate due to periodic changes in the fund composition and also reflects approximately 8 share equivalents accrued on September 6, 2024, through dividend reinvestment.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.

Future Outlook

The phantom share equivalents will be settled in cash on a 1-for-1 basis upon termination of the reporting person's service.

Industry Context

This filing is a routine disclosure of insider transactions, providing transparency to investors regarding the actions of company directors.

Stakeholder Impact

• The filing provides transparency to shareholders regarding director stock ownership.

Key Dates