Form 4: Exelon Director Bryan K Segedi Reports Acquisition of Deferred Stock Units
SEC Form 4 Filing
Director Bryan K Segedi reports acquiring 1,161 deferred stock units of Exelon Corp on June 30, 2024, at a price of $35.54.
Summary
- On June 30, 2024, Bryan K Segedi, a director of Exelon Corp, acquired 1,161 shares of common stock in the form of deferred stock units.
- The price per share was $35.54.
- This transaction increased Segedi's indirect beneficial ownership to 2,304 shares, including 12 shares acquired through automatic dividend reinvestment, held through the Exelon Directors Deferred Stock Unit Plan.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, neither particularly positive nor negative.
Industry Context
Form 4 filings are standard practice for corporate insiders to report transactions in their company's stock, providing transparency to the market.
Comparison to Industry Standards
- Directors commonly receive stock or deferred stock units as part of their compensation.
- The specifics of these arrangements vary widely across companies and industries.
- Comparing Segedi's holdings and transactions to those of directors at peer utilities like Duke Energy (DUK) or Southern Company (SO) would provide additional context.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding insider activity.
- It has a minimal direct impact on employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 06/30/2024 | Date of transaction: Acquisition of deferred stock units |
| 07/02/2024 | Date of signature by attorney-in-fact |
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