Form 4: Exelon Corp Director John F Young Reports Acquisition of Deferred Stock Units
SEC Form 4 Filing
Director John F Young reports acquiring 1,025 deferred stock units of Exelon Corp at $40.23 per unit on September 30, 2024.
Summary
- On September 30, 2024, John F Young, a director of Exelon Corp, acquired 1,025 common stock deferred stock units at a price of $40.23 per unit.
- Following the transaction, Young's beneficial ownership includes 29,647 shares, including 268 shares acquired through automatic dividend reinvestment, held indirectly through the Exelon Corp. Directors Deferred Stock Unit Plan.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it is a standard reporting of stock transactions by a company director.
Positives
- The acquisition of deferred stock units by a director may signal confidence in the company's future performance.
Industry Context
Form 4 filings are standard practice for corporate insiders to report transactions in their company's stock, providing transparency to the market.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding insider activity.
Key Dates
| Date | Description |
|---|---|
| 09/30/2024 | Date of transaction: Acquisition of 1,025 common stock deferred stock units. |
| 10/01/2024 | Date of signature by attorney-in-fact. |
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