Form 4: Peter Oppenheimer Reports Acquisition of Phantom Share Equivalents in Constellation Energy Corp
SEC Form 4
Director Peter Oppenheimer reports acquiring 77 phantom share equivalents in Constellation Energy Corporation's stock fund account as part of a deferred compensation plan.
Summary
- Peter Oppenheimer, a director of Constellation Energy Corp, reported a transaction on March 31, 2025.
- He acquired 77 phantom share equivalents in Constellation Energy Corporation's stock fund account.
- These equivalents are part of a non-qualified deferred compensation plan.
- The phantom shares will be settled in cash on a 1-for-1 basis upon termination of his service.
- The price of the phantom share equivalents was $201.63.
- Following the transaction, Oppenheimer directly owns 90 derivative securities.
- The report was signed by Brian Buck, Attorney-in-Fact for Peter Oppenheimer, on April 2, 2025.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing regarding executive compensation. It doesn't contain information that would significantly impact investor sentiment positively or negatively.
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 related to executive compensation and is typical for publicly traded companies. It reflects part of the compensation structure for a director at Constellation Energy Corp.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it relates to executive compensation.
Key Dates
| Date | Description |
|---|---|
| 03/31/2025 | Date of transaction: Acquisition of phantom share equivalents. |
| 04/02/2025 | Date of signature by Attorney-in-Fact. |
Keywords
Form 4, Constellation Energy Corp, Peter Oppenheimer, Phantom Share Equivalents, Deferred Compensation, Director, CEG
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