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

Director Charles Harrington reported acquiring 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 June 30, 2024, Harrington acquired 198 shares of common stock (deferred stock units) at a price of $214.63.
• Following the transaction, Harrington directly owns 4,242 shares of common stock (deferred stock units).
• Harrington also acquired 206 phantom share equivalents in a deferred compensation plan at a price of $200.27.
• Following the transaction, Harrington directly owns 4,126 phantom share equivalents.
• The balance of phantom share equivalents may fluctuate due to periodic changes in the fund composition.
• The phantom share equivalents will be settled in cash on a 1-for-1 basis upon termination of Harrington's service.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions by a company director. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

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 stock transactions by a company insider, which is a common practice in publicly traded companies. It provides transparency to investors regarding the actions of company leadership.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the transactions of company insiders.
• The transactions themselves are unlikely to have a significant impact on other stakeholders.

Key Dates