Form 4: Exelon Director John F. Young Reports Acquisition of Deferred Stock Units
SEC Form 4 Filing
Director John F. Young reports the acquisition of 1,131 deferred stock units of Exelon Corp. at a price of $36.48 on March 31, 2024.
Summary
- On March 31, 2024, John F. Young, 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.
- This acquisition was made under the Exelon Corp. Directors Deferred Stock Unit Plan.
- Following the transaction, Young beneficially owns 26,905 deferred stock units, which includes 266 additional shares acquired through automatic dividend reinvestment.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it reports a standard transaction. It doesn't inherently indicate positive or negative sentiment towards the company.
Positives
- The acquisition of deferred stock units by a director may signal confidence in the company's future performance.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track confidence levels and potential alignment of interests.
Stakeholder Impact
- The acquisition of shares by a director can be viewed positively by shareholders as it may indicate confidence in the company's prospects.
Key Dates
| Date | Description |
|---|---|
| 03/31/2024 | Date of transaction: Acquisition of 1,131 deferred stock units. |
| 04/01/2024 | Date of signature on the report. |
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