Form 4: Exelon Director William P Bowers Reports Stock Transactions
SEC Form 4
Director William P Bowers reports acquisition of Exelon Corp stock and deferred stock units.
Summary
- William P Bowers, a director of Exelon Corp, reported transactions involving Exelon stock and deferred stock units.
- On September 30, 2024, Bowers acquired 1,025 shares of common stock-deferred stock units at a price of $40.23 per share.
- Bowers also acquired 1,048 deferred phantom share equivalents at $40.55.
- Additionally, 4,500 common stock were disposed of.
- Following these transactions, Bowers directly owns 11,200 derivative securities and indirectly owns 13,314 shares of common stock through the Exelon Corp Directors Deferred Stock Unit Plan.
- The report was filed on October 2, 2024.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard regulatory filing detailing stock transactions. The acquisitions and disposals balance each other out.
Negatives
- 4,500 common stock were disposed of.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, which is a common practice for publicly traded companies. It provides transparency into the trading activities of key personnel.
Stakeholder Impact
- Shareholders may be interested in the trading activity of company directors as it can provide insights into their confidence in the company's prospects.
Key Dates
| Date | Description |
|---|---|
| 09/30/2024 | Date of stock and deferred stock unit transactions. |
| 10/02/2024 | Date of Form 4 filing. |
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