Form 4: Constellation Energy Director Yves de Balmann Reports Stock Transactions
SEC Form 4 Filing
Director Yves de Balmann of Constellation Energy Corp. reported acquiring deferred stock units and disposing of common stock, as well as holding phantom deferred stock units.
Summary
- Yves de Balmann, a director at Constellation Energy Corp, reported several transactions involving the company's stock.
- On December 31, 2024, Mr. de Balmann acquired 168 deferred stock units at a price of $253.63 each.
- He also disposed of 636 shares of common stock.
- Additionally, he holds 203 shares of common stock indirectly through de Balmann Family Holdings LLLP.
- Mr. de Balmann also holds 50,218 phantom deferred stock units, which will be settled in cash upon termination of his service as a director.
Sentiment
Score: 5
Explanation: The document is a routine disclosure of stock transactions by a company director, which is neither positive nor negative in itself. It is a neutral event.
Future Outlook
The phantom deferred stock units will be settled in cash upon termination of the reporting person's service as a director.
Industry Context
This filing is a routine disclosure of stock transactions by a company director, which is a common practice in publicly traded companies. It provides transparency into the trading activities of company insiders.
Comparison to Industry Standards
- The reporting of stock transactions by directors is a standard practice for publicly listed companies, as mandated by the SEC.
- Similar filings are made by directors and officers of other energy companies such as NextEra Energy (NEE) and Duke Energy (DUK).
- The specific details of the transactions, such as the number of shares and the price, are unique to this individual and company, but the overall process is consistent with industry norms.
Stakeholder Impact
- The stock transactions by a director may be of interest to shareholders as it provides insight into insider trading activity.
- The transactions do not have a direct impact on employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 12/06/2024 | Approximately 68 shares acquired through automatic dividend reinvestment and approximately 70 additional stock units credited through dividend reinvestment. |
| 12/31/2024 | Date of the reported stock transactions, including the acquisition of 168 deferred stock units and disposal of 636 common stock shares. |
| 01/03/2025 | Date the SEC Form 4 was signed by Brian Buck, Attorney-in-Fact for Yves de Balmann. |
Keywords
Constellation Energy, Director, Stock Transactions, Deferred Stock Units, Common Stock, Phantom Stock Units, SEC Form 4, Insider Trading
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