EXC.NASDAQExelon CORP

Form 4: Exelon Corp Director Linda P Jojo Reports Acquisition of Deferred Stock Units

Sentiment:

SEC Form 4 Filing


Director Linda P Jojo acquired 1,119 deferred stock units of Exelon Corp on December 31, 2024, at a price of $36.87 per unit.

Summary

  • Linda P Jojo, a director at Exelon Corp, reported the acquisition of 1,119 deferred stock units on December 31, 2024.
  • The deferred stock units were acquired at a price of $36.87 per unit.
  • Following the transaction, Ms. Jojo's total holdings include 49,046 deferred stock units.
  • This total includes 489 additional shares acquired through automatic dividend reinvestment.
  • The deferred stock units are held indirectly through the Exelon Corp. Directors Deferred Stock Unit Plan.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction, which is neither particularly positive nor negative. It is a standard disclosure of insider activity.

Industry Context

This is a routine filing related to insider transactions and is common for directors of publicly traded companies.

Comparison to Industry Standards

  • Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders across all publicly traded companies.
  • The acquisition of deferred stock units is a common form of compensation for directors and executives, aligning their interests with those of shareholders.
  • The transaction is similar to those reported by directors at other large utility companies such as Duke Energy and Southern Company.

Stakeholder Impact

  • The transaction has a minor positive impact on shareholders as it aligns the director's interests with the company's performance.

Key Dates

DateDescription
12/30/2024Date of signature by attorney-in-fact for Linda P Jojo.
12/31/2024Date of the transaction where deferred stock units were acquired.

Keywords

Exelon Corp, deferred stock units, insider trading, Form 4, director, Linda P Jojo, stock acquisition

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.