Form 4: Exelon Director Charisse Lillie Acquires Deferred Stock Units as Compensation

Exelon Corp. Director Charisse R. Lillie acquired 954 deferred stock units at $43.25 per unit, increasing her indirect beneficial ownership to 9,505 units.

Summary

• Charisse R. Lillie, a Director of Exelon Corp. (EXC), acquired 954 common stock-deferred stock units on June 30, 2025, at a price of $43.25 per unit.
• Following this transaction, her indirect beneficial ownership in the Exelon Corp. Directors Deferred Stock Unit Plan increased to 9,505 units.
• This balance of deferred stock units includes 78 additional shares acquired through automatic dividend reinvestment.
• Additionally, Lillie directly holds 7,246 shares of Common Stock.
• She also beneficially owns 3,752 deferred phantom share equivalents, which are part of a multi-fund, non-qualified deferred compensation plan and will be settled for cash on a 1-for-1 basis upon termination of her service to the board.
• The balance of phantom share equivalents includes 34 additional units accrued by the plan administrator on the ex-dividend date.

Sentiment

Score: 5

Explanation: The document is a routine Form 4 filing disclosing a director's acquisition of deferred stock units as part of compensation, which is neutral in sentiment. It reflects standard corporate governance and compensation practices.

Positives

• Acquisition of additional deferred stock units by a director indicates continued alignment of interests with shareholders.
• The increase in holdings through automatic dividend reinvestment for both deferred stock units (78 shares) and phantom share equivalents (34 units) demonstrates a compounding effect on the director's equity exposure.

Future Outlook

NA

Industry Context

This Form 4 filing details a routine compensation-related transaction for a director of Exelon Corp., a major utility company. Such transactions are common in the industry as part of executive and director compensation plans, aligning their interests with long-term company performance.

Related Party Transactions

• Acquisition of 954 common stock-deferred stock units by Director Charisse R. Lillie from Exelon Corp. as part of her compensation.
• Holding of deferred phantom share equivalents in a non-qualified deferred compensation plan provided by Exelon Corp.

Stakeholder Impact

• Shareholders: Provides transparency regarding director compensation and alignment of interests through equity holdings.

Key Dates

Keywords

Exelon Corp, EXC, Form 4, Insider Transaction, Deferred Stock Units, Phantom Shares, Director Compensation, Beneficial Ownership, Charisse R Lillie