Form 4: Exelon Corp Executive Kleczynski Reports Stock Transactions
SEC Form 4
Robert A Kleczynski, SVP, Controller & Tax at Exelon Corp, reports the vesting and disposal of restricted stock units and common stock.
Summary
- Robert A Kleczynski, an officer of Exelon Corp, filed a Form 4 detailing changes in beneficial ownership.
- On February 25, 2025, Kleczynski vested 22,258 shares of common stock from restricted stock units (RSUs).
- Also on February 25, 2025, Kleczynski disposed of 9,060 shares of common stock at a price of $44.04.
- Following these transactions, Kleczynski directly owns 41,125 shares of Exelon common stock.
- The reported transactions involve RSUs granted under the Exelon Long-Term Incentive Plan (LTIP).
- The RSUs vest over time, with additional RSUs accruing through dividend reinvestment.
Sentiment
Score: 5
Explanation: This is a neutral filing of stock transactions, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency into the actions of company executives regarding their holdings in the company's stock.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership by a company officer.
- The filing provides transparency to stakeholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 02/25/2022 | Date of original RSU award grant under the Exelon Long-term Incentive Plan (LTIP). |
| 02/25/2023 | RSU award granted under the LTIP vests in 1/3 increments at the January or February meeting of the Exelon Talent Management and Compensation Committee. |
| 02/25/2024 | RSU award granted under the LTIP vests in 1/3 increments at the January or February meeting of the Exelon Talent Management and Compensation Committee. |
| 02/25/2025 | Date of transaction: vesting of 22,258 shares and disposal of 9,060 shares. |
| 02/26/2025 | Date of signature by attorney-in-fact. |
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