Form 4: Exelon Director Anna Richo Reports Stock and Phantom Share Equivalent Transactions
SEC Form 4 Filing
Director Anna Richo reports acquisition of common stock deferred stock units and deferred phantom share equivalents in Exelon Corp.
Summary
- Anna Richo, a director of Exelon Corp, filed a Form 4 detailing changes in beneficial ownership.
- On December 31, 2024, Richo acquired 1,119 common stock deferred stock units at $36.87 per unit.
- Following the transaction, Richo directly owns 6,308 common stock deferred stock units through the Exelon Corp. Directors Deferred Stock Unit Plan.
- Additionally, Richo acquired 830 deferred phantom share equivalents, bringing the total to 4,856.
- These phantom share equivalents, held in Exelon stock fund account, will be settled for cash on a 1 for 1 basis upon termination of service to the board of directors.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 12/31/2024 | Date of transaction for common stock deferred stock units and deferred phantom share equivalents |
| 01/02/2025 | Date of signature for the Form 4 filing |
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