Form 4: Constellation Energy SVP Reports Stock Vesting, Sales

Constellation Energy's SVP & Controller, Matthew N. Bauer, reported the acquisition of common stock from vested awards and subsequent sales for tax obligations and other purposes.

Summary

• Matthew N. Bauer, SVP & Controller of Constellation Energy Corp (CEG), reported multiple equity transactions on February 9, 2026.
• Acquired 8,088 shares of common stock from vested equity awards under the company's Long-term Incentive Plan (LTIP).
• Disposed of 3,444 shares of common stock at $272.15 per share to cover tax withholding obligations.
• Disposed of an additional 3,906 shares of common stock at $272.15 per share.
• Converted 1,161 Restricted Stock Units (RSUs) into common stock.
• Acquired 910 new RSUs and approximately 11 additional RSU shares through automatic dividend reinvestment since February 10, 2025.
• Converted 6,927 Performance Shares from the 2023-2025 period into common stock, with these shares vesting immediately upon grant.
• Following these transactions, Bauer beneficially owns 5,725 shares of common stock and 1,691 Restricted Stock Units.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, primarily reporting routine executive compensation events such as equity award vesting and associated tax-related stock sales, which do not indicate a significant change in company fundamentals or insider sentiment.

Positives

• Acquisition of 8,088 shares of common stock from vested equity awards, indicating successful vesting of long-term incentives.
• Acquisition of 910 new Restricted Stock Units (RSUs), representing future equity compensation.
• Approximately 11 additional RSU shares acquired through automatic dividend reinvestment, demonstrating compounding growth of equity holdings.
• Conversion of 6,927 Performance Shares into common stock, reflecting achievement of performance targets for the 2023-2025 period.

Negatives

• Disposal of 3,444 shares of common stock at $272.15 to satisfy tax withholding obligations, reducing direct equity holdings.
• Disposal of an additional 3,906 shares of common stock at $272.15, further reducing direct equity holdings.

Industry Context

StockSavvy.ai notes that insider transaction reports like this Form 4 are routine disclosures for publicly traded companies, reflecting executive compensation structures and personal financial planning. These transactions are common across the energy sector as part of long-term incentive plans.

Stakeholder Impact

• Shareholders: The sale of shares by an SVP could be perceived as a slight negative, but the underlying vesting of awards indicates successful performance and retention of key executives. The overall impact is likely minimal given the routine nature of the transactions.
• Employees: The vesting of equity awards and performance shares demonstrates the company's commitment to its long-term incentive plans, which can positively impact employee morale and retention.

Key Dates

Keywords

Constellation Energy, CEG, Matthew Bauer, insider trading, Form 4, equity awards, stock vesting, RSU, performance shares, stock sale, executive compensation, SEC filing