Form 4: Exelon Director Charisse R. Lillie Reports Acquisition of Deferred Stock Units
SEC Form 4 Filing
Charisse R. Lillie, a director of Exelon Corp, reported the acquisition of 1,161 deferred stock units and adjustments to phantom share equivalents.
Summary
- On June 30, 2024, Charisse R. Lillie, a director of Exelon Corp, acquired 1,161 shares of common stock in the form of deferred stock units at a price of $35.54.
- Following this transaction, Lillie directly owns 7,246 shares of Exelon common stock.
- Lillie also indirectly owns 5,213 shares through the Exelon Corp. Directors Deferred Stock Unit Plan.
- The report also notes adjustments to Lillie's holdings of deferred phantom share equivalents, which will be settled for cash upon termination of service to the board of directors.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions by a company director, with no inherent positive or negative sentiment.
Future Outlook
The deferred phantom share equivalents will be settled for cash on a 1 for 1 basis upon the termination of the reporting person's service to the board of directors.
Industry Context
This Form 4 filing is a routine disclosure related to changes in beneficial ownership by a company insider, which is a common practice among publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| 06/30/2024 | Date of transaction: Acquisition of deferred stock units. |
| 07/02/2024 | Date of signature on the report. |
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