Form 4: Constellation Energy Director Yves de Balmann Reports Changes in Beneficial Ownership

Director Yves de Balmann reports changes in beneficial ownership of Constellation Energy Corp shares, including acquisitions and adjustments to previously reported holdings.

Summary

• On March 31, 2024, Yves de Balmann, a director of Constellation Energy Corp, reported changes in his beneficial ownership of the company's stock.
• He acquired 247 shares of common stock (deferred stock units) at a price of $172.41 per share.
• He disposed of 636 shares of common stock.
• He also disposed of 203 shares of common stock held indirectly through de Balmann Family Holdings LLLP.
• His total direct holdings of common stock (deferred stock units) after the transactions amount to 48,579 shares.
• He also holds 49,965 phantom deferred stock units, which will be settled in cash upon termination of his service as a director.
• The balance includes adjustments for shares acquired through dividend reinvestment and corrections to previously filed reports.

Sentiment

Score: 5

Explanation: This is a routine disclosure of stock transactions by a company director. It doesn't inherently indicate positive or negative sentiment, but rather provides transparency.

Future Outlook

The phantom deferred stock units will be settled in cash on a 1-for-1 basis using the year-end price of Common Stock in the year of 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. This filing indicates the director's ongoing investment in the company.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the transactions of a company director.

Key Dates