Constellation Energy (CEG) awards 6,791 RSUs to senior executive

Rhea-AI Filing Summary

Novotny Andrew R. reported acquisition or exercise transactions in this Form 4 filing.

Constellation Energy executive Andrew R. Novotny received a grant of 6,791 restricted stock units on February 9, 2026. The award is held directly and each unit represents one share of Constellation Energy common stock when it vests.

The RSUs vest in three equal installments on the dates of the Compensation Committee’s first-quarter meetings in the first, second, and third years after the grant. The units also accrue quarterly dividend equivalents as additional RSUs, which follow the same vesting schedule as the original award.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Novotny Andrew R.

(Last) (First) (Middle)

1310 POINT STREET

(Street)

BALTIMORE MD 21231

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Constellation Energy Corp [ CEG ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	See Remarks

3. Date of Earliest Transaction (Month/Day/Year)
02/09/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(1)	02/09/2026		A		6,791		(1)	(1)	Common Stock	6,791	$0	6,791	D

Explanation of Responses:

1. Restricted stock units ("RSUs") vest in 1/3 increments on the dates of the Compensation Committee's first-quarter meetings held in the first, second, and third years after the grant date. Each RSU represents the right to receive one share of Common Stock upon vesting, and does not expire. These RSUs accrue quarterly dividend equivalents in the form of additional RSUs representing common stock dividends as approved by the Issuer's board of directors, which vest on the same schedule as the underlying RSU award.

Remarks:

Senior Executive Vice President, Constellation Power Operations, and President and CEO of Calpine

	/s/ Brian Buck, Attorney-in-Fact for Andrew Novotny	02/11/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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FAQ

What insider transaction did Constellation Energy (CEG) report for Andrew R. Novotny?

Constellation Energy reported that Andrew R. Novotny received 6,791 restricted stock units on February 9, 2026. These units are a stock-based compensation award, with each RSU convertible into one share of common stock upon vesting under the stated schedule.

How many restricted stock units did Andrew R. Novotny receive from Constellation Energy (CEG)?

Andrew R. Novotny received 6,791 restricted stock units from Constellation Energy. Following this grant, he beneficially owns 6,791 derivative securities of this type, all held directly, according to the Form 4 insider transaction report filed for this award.

How do the Constellation Energy (CEG) RSUs granted to Andrew R. Novotny vest?

The RSUs vest in three equal one-third installments on dates of the Compensation Committee’s first-quarter meetings. These meetings occur in the first, second, and third years after the grant date, creating a multi-year vesting schedule tied to committee meeting timing.

What does each restricted stock unit for Constellation Energy (CEG) represent?

Each restricted stock unit represents the right to receive one share of Constellation Energy common stock upon vesting. The RSUs do not expire, and settlement into shares occurs as units vest under the multi-year schedule described in the Form 4 footnote.

Do Constellation Energy (CEG) RSUs granted to Andrew R. Novotny earn dividend equivalents?

Yes. These RSUs accrue quarterly dividend equivalents in the form of additional RSUs representing common stock dividends. The additional RSUs vest on the same schedule as the original award, aligning dividend-based units with the core grant’s vesting timeline.

What is Andrew R. Novotny’s ownership form for the reported Constellation Energy (CEG) RSUs?

The 6,791 restricted stock units reported for Andrew R. Novotny are held as direct ownership. The Form 4 classifies the derivative securities as directly owned, with no nature of indirect beneficial ownership indicated in the structured insider filing data.