CEG Form 4: EVP Barron acquires 23,084 shares; tax at $401.43

Constellation Energy (CEG) executive Kathleen Barron (EVP & Chief Strategy Officer) reported equity award activity.

Accepted by SEC EDGAR 10/31/2025 - 04:06 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

Constellation Energy (CEG) executive Kathleen Barron (EVP & Chief Strategy Officer) reported equity award activity. On October 29, 2025, 23,084 common shares were acquired upon vesting of restricted stock units under the LTIP. To satisfy tax obligations, 11,321 shares were withheld at $401.43 per share. Following these transactions, Barron directly owns 39,749 common shares.

The RSUs cliff vested on October 29, 2025 and included approximately 718 additional shares from accrued dividend equivalents. The RSU derivative balance reported as outstanding went to zero upon settlement.

Insider Trade Summary

23,084 shares exercised/converted

Exercise 3 txns

Insider Barron Kathleen

Role EVP & Chief Strategy Officer

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	23,084	$0.00	$0.00
Exercise	Common Stock	23,084	$0.00	$0.00
Exercise Price or Tax Liability	Common Stock	11,321	$401.43	$4.54M

Holdings After Transaction: Restricted Stock Units — 0 contracts (Direct); Common Stock — 39,749 shares (Direct)

Holdings Before and After: Restricted Stock Units, 23,084 to 0 contracts (Direct); Common Stock, 27,986 to 39,749 shares (Direct)

Footnotes (3)

1. F1. Common shares acquired from vested equity awards granted under the Issuer's Long-term Incentive Plan ("LTIP").
2. F2. Restricted stock units ("RSUs") cliff vested on October 29, 2025. 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.
3. F3. The RSU award acquired approximately 718 additional shares through automatic dividend reinvestment.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did CEGs EVP Kathleen Barron report on Form 4?

She reported RSU vesting that delivered 23,084 common shares and a tax share withholding of 11,321 shares at $401.43.

How many Constellation Energy (CEG) shares does Barron own after the transactions?

She directly owns 39,749 common shares after the reported activity.

What was the nature of the derivative transaction for CEG?

Restricted stock units cliff vested on October 29, 2025 and settled into 23,084 common shares; the RSU balance became 0.

Were dividend equivalents included in the RSU settlement for CEG?

Yes. The RSU award included approximately 718 additional shares from accrued dividend equivalents.

What transaction codes were used in the CEG Form 4?

Code M for the RSU-to-share conversion and code F for shares withheld to cover taxes.

What price was used for tax withholding in the CEG transaction?

Shares were withheld at $401.43 per share to satisfy tax obligations.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

Barron Kathleen

(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)
	EVP & Chief Strategy Officer

3. Date of Earliest Transaction (Month/Day/Year)
10/29/2025

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
Common Stock	10/29/2025		M		23,084	A	(1)	51,070	D
Common Stock	10/29/2025		F		11,321	D	$401.43	39,749	D

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	(2)	10/29/2025		M			23,084(3)	(2)	(2)	Common Stock	23,084(3)	$0	0(3)	D

Explanation of Responses:

1. Common shares acquired from vested equity awards granted under the Issuer's Long-term Incentive Plan ("LTIP").

2. Restricted stock units ("RSUs") cliff vested on October 29, 2025. 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.

3. The RSU award acquired approximately 718 additional shares through automatic dividend reinvestment.

	/s/ Brian Buck, Attorney-in-Fact for Kathleen Barron	10/31/2025
	** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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