Form 4: Exelon Director William P. Bowers Boosts Holdings Through Deferred Compensation Plans

Exelon Corp. Director William P. Bowers acquired additional deferred stock units and phantom share equivalents as part of his compensation plan, increasing his indirect and direct holdings.

Summary

• Director William P. Bowers acquired 954 common stock deferred stock units at a price of $43.25 per unit on June 30, 2025.
• Following this transaction, his indirect beneficial ownership of common stock deferred stock units increased to 16,734, which includes 145 additional shares acquired through automatic dividend reinvestment.
• Bowers also acquired 1,594 deferred phantom share equivalents at a price of $43.42 per equivalent on June 30, 2025.
• His direct beneficial ownership of deferred phantom share equivalents increased to 15,163, which includes 121 additional phantom share equivalents accrued by the plan administrator on the ex-dividend date.
• These phantom share equivalents are part of a multi-fund, non-qualified deferred compensation plan and will be settled for cash on a 1-for-1 basis upon the termination of his service to the board.
• Additionally, William P. Bowers directly holds 4,500 shares of Common Stock.

Sentiment

Score: 7

Explanation: The sentiment is moderately positive as it indicates a director's continued accumulation of company equity through compensation plans, aligning their interests with long-term shareholder value. There are no negative transactions reported.

Positives

• Acquisition of additional deferred stock units and phantom shares by a director indicates continued alignment of interests with shareholders.
• The acquisitions are part of a deferred compensation plan, suggesting a long-term commitment to the company by the director.
• Dividend reinvestment for both deferred stock units and phantom shares indicates a compounding effect on the director's holdings.

Future Outlook

NA

Industry Context

This Form 4 filing details an insider transaction for Exelon Corp., a major utility company. Such transactions, particularly acquisitions through compensation plans, are common across industries for aligning executive and director interests with long-term company performance. The specific details reflect standard practices for deferred equity compensation in the utility sector, which often emphasizes stability and long-term value.

Related Party Transactions

• The acquisition of deferred stock units and phantom share equivalents by Director William P. Bowers is part of the Exelon Corp. Directors Deferred Stock Unit Plan and a multi-fund, non-qualified deferred compensation plan, which are standard compensation arrangements between the company and its director.

Stakeholder Impact

• Shareholders: The director's increased holdings through deferred compensation plans align his interests with long-term shareholder value, potentially signaling confidence in the company's future.

Next Steps

• 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.

Key Dates

Recommendation

Keywords

Exelon Corp, EXC, Form 4, Insider Transaction, William P. Bowers, Director Compensation, Deferred Stock Units, Phantom Shares, Equity Compensation, SEC Filing