Form 4: Exelon Director Bryan K. Segedi Acquires Deferred Stock Units
SEC Form 4 Filing
Director Bryan K. Segedi acquired 1,131 shares of Exelon Corp deferred stock units at a price of $36.48 on March 31, 2024.
Summary
- On March 31, 2024, Bryan K. Segedi, a director of Exelon Corp, acquired 1,131 shares of common stock in the form of deferred stock units.
- The price per share was $36.48.
- These shares are held indirectly through the Exelon Directors Deferred Stock Unit Plan.
- Following this transaction, Segedi beneficially owns 1,131 shares through the deferred stock unit plan.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive as it reflects a director's continued investment in the company through deferred stock units, indicating confidence in the company's future.
Industry Context
This transaction reflects standard compensation practices for board members, often including deferred stock units as part of their overall remuneration.
Comparison to Industry Standards
- Deferred stock units are a common form of compensation for directors in publicly traded companies, aligning their interests with those of shareholders.
- Companies like Duke Energy (DUK) and Southern Company (SO) also utilize similar deferred stock unit plans for their board members.
Stakeholder Impact
- The transaction has a minor positive impact on shareholders as it aligns the director's interests with the company's long-term performance.
Key Dates
| Date | Description |
|---|---|
| 03/31/2024 | Date of transaction: Acquisition of deferred stock units |
| 04/01/2024 | Date of signature for the report |
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