Form 4: Exelon Director William P Bowers Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director William P Bowers reports acquisition of deferred stock units and disposition of common stock in Exelon Corp.
Summary
- William P Bowers, a director of Exelon Corp, filed a Form 4 detailing changes in beneficial ownership.
- On March 31, 2024, Bowers acquired 1,131 shares of common stock-deferred stock units at a price of $36.48.
- He also disposed of 4,500 shares of common stock.
- Additionally, Bowers acquired 1,130 deferred phantom share equivalents at $37.57.
- The report indicates that these transactions were related to the Exelon Corp. Directors Deferred Stock Unit Plan and a multi-fund, non-qualified deferred compensation plan.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing changes in beneficial ownership. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about insider transactions.
Negatives
- The director disposed of 4,500 shares of common stock.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track management's sentiment and alignment with shareholder interests.
Key Dates
| Date | Description |
|---|---|
| 03/31/2024 | Date of transaction: Acquisition of deferred stock units and disposition of common stock. |
| 04/02/2024 | Date of signature by attorney-in-fact. |
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