Form 4: Exelon Director Charisse R. Lillie Reports Stock Acquisition
SEC Form 4 Filing
Charisse R. Lillie, a director of Exelon Corp, reported the acquisition of 1,025 shares of common stock through the Exelon Corp. Directors Deferred Stock Unit Plan on September 30, 2024.
Summary
- On September 30, 2024, Charisse R. Lillie, a director of Exelon Corp, acquired 1,025 shares of common stock through the Exelon Corp. Directors Deferred Stock Unit Plan at a price of $40.23 per share.
- Following the transaction, Lillie directly owns 7,246 shares of Exelon common stock and indirectly owns 6,288 shares through the Exelon Corp. Directors Deferred Stock Unit Plan.
- Lillie also holds 3,656 deferred phantom share equivalents in Exelon's stock fund account, which is part of a non-qualified deferred compensation plan.
- These phantom share equivalents will be settled for cash upon the termination of Lillie's service to the board.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing. It doesn't convey any explicit positive or negative sentiment about the company's performance or prospects.
Positives
- The acquisition of shares by a director could be interpreted as a sign of confidence in the company's future prospects.
Future Outlook
The document does not contain any specific forward-looking statements regarding Exelon's future performance.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, which is common in publicly traded companies. It provides transparency to investors regarding the actions of company leadership.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding insider trading activity.
Key Dates
| Date | Description |
|---|---|
| 09/30/2024 | Date of transaction: Acquisition of common stock and deferred stock units. |
| 10/02/2024 | Date of report filing. |
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