Form 4: Exelon Director Marjorie Rodgers Cheshire Reports Acquisition of Deferred Stock Units

Director Marjorie Rodgers Cheshire reports acquiring deferred stock units and phantom share equivalents in Exelon Corp.

Summary

• Marjorie Rodgers Cheshire, a director of Exelon Corp, filed a Form 4 on October 2, 2024, reporting changes in beneficial ownership.
• On September 30, 2024, she acquired 1,025 shares of common stock in the form of deferred stock units at a price of $40.23 per share.
• These shares were acquired under the Exelon Corp. Directors Deferred Stock Unit Plan.
• She also acquired 305 deferred phantom share equivalents at a price of $40.55.
• The reported transactions increased her holdings to 18,751 deferred stock units and 6,986 deferred phantom share equivalents.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing, so the sentiment is neutral.

Positives

• The acquisition of deferred stock units and phantom share equivalents indicates a continued investment in Exelon by a director.

Industry Context

Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, such as directors and officers, ensuring fair market practices.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the transactions of company insiders.

Key Dates