Constellation Energy (Ticker: CEG) CFO discloses stock and RSU stake
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Constellation Energy Corp EVP & Chief Financial Officer Shane Smith filed an initial statement of beneficial ownership. He beneficially owns 1,867 shares of Common Stock, held directly. He also holds 1,138 outstanding unvested restricted stock units (RSUs), each representing one share of Common Stock upon vesting.
The RSUs were granted on February 6, 2023, February 5, 2024 and February 10, 2025, and vest in one-third installments on the dates of the Compensation Committee’s first-quarter meetings in the first, second, and third years after each grant. These RSUs accrue quarterly dividend equivalents in the form of additional RSUs, which follow the same vesting schedule as the underlying awards.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Smith Shane Patrick
Role
EVP & Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 1,138 shares (Direct);
Common Stock — 1,867 shares (Direct)
Footnotes (1)
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FAQ
What does Constellation Energy (CEG) EVP & CFO Shane Smith report owning on this Form 3?
He reports direct beneficial ownership of 1,867 shares of Constellation Energy Common Stock and 1,138 outstanding unvested restricted stock units (RSUs).
How many restricted stock units does Shane Smith hold in Constellation Energy (CEG)?
He holds 1,138 unvested restricted stock units, each representing the right to receive one share of Common Stock upon vesting.
What is the vesting schedule for Shane Smith’s Constellation Energy RSUs?
The RSUs granted on February 6, 2023, February 5, 2024 and February 10, 2025 vest in 1/3 increments on the dates of the Compensation Committee’s first-quarter meetings in the first, second and third years after each grant.
Do Shane Smith’s Constellation Energy RSUs pay dividends?
They accrue quarterly dividend equivalents as additional RSUs that represent common stock dividends approved by the board, and these additional RSUs vest on the same schedule as the underlying RSU awards.
Does this Constellation Energy Form 3 show any option or warrant positions for Shane Smith?
No. The filing lists direct holdings of Common Stock and restricted stock units; no options or warrants are disclosed in the provided content.
Is this Constellation Energy (CEG) Form 3 filed by more than one reporting person?
No. The form is marked as filed by one reporting person, identifying Shane Patrick Smith as EVP & Chief Financial Officer.