Constellation Energy (CEG) SVP awarded 8,759 RSUs fully vesting Jan 9 2030

Rhea-AI Filing Summary

Constellation Energy Corp reported that SVP & Controller Matthew N. Bauer received an award of 8,759 restricted stock units (RSUs) on January 9, 2026. Each RSU gives the right to receive one share of Constellation common stock when it vests, and the award was reported at a price of $0 per unit as typical for equity compensation grants.

The RSUs cliff vest on January 9, 2030, meaning the full grant vests at once on that date rather than in installments. The award also accrues quarterly dividend equivalents in the form of additional RSUs when the company pays common stock dividends approved by the board, and those additional RSUs follow the same vesting schedule as the original grant. After this transaction, Bauer beneficially owned 8,759 derivative securities in the form of RSUs, held directly.

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^*

Bauer Matthew N

(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)
	SVP & Controller

3. Date of Earliest Transaction (Month/Day/Year)
01/09/2026

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)	01/09/2026		A		8,759		(1)	(1)	Common Stock	8,759	$0	8,759	D

Explanation of Responses:

1. Restricted stock units ("RSUs") cliff vest on January 9, 2030. 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.

	/s/ Brian Buck, Attorney-in-Fact for Matthew Bauer	01/13/2026
	** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Constellation Energy (CEG) report for Matthew N. Bauer?

Constellation Energy Corp reported that SVP & Controller Matthew N. Bauer received an award of 8,759 restricted stock units (RSUs) on January 9, 2026, reported as an acquisition of derivative securities.

How many restricted stock units did the Constellation Energy SVP receive in this Form 4?

The filing shows an award of 8,759 restricted stock units (RSUs) to the reporting person, each representing the right to receive one share of Constellation common stock upon vesting.

When do Matthew Bauer’s Constellation Energy RSUs vest and what is the vesting structure?

The RSUs cliff vest on January 9, 2030, meaning that the entire grant vests in a single installment on that date, rather than over multiple periods.

Do the Constellation Energy RSUs reported for Matthew Bauer earn dividend equivalents?

Yes. The footnote states that these RSUs accrue quarterly dividend equivalents in the form of additional RSUs representing common stock dividends approved by the board, and those additional RSUs vest on the same schedule as the underlying RSU award.

How many derivative securities does Matthew Bauer own after this Constellation Energy transaction?

After the reported transaction, the Form 4 indicates that the reporting person beneficially owned 8,759 derivative securities in the form of RSUs, held with direct ownership.

What was the reported price per restricted stock unit in the Constellation Energy grant?

The Form 4 lists a transaction price per restricted stock unit of $0, which is typical for equity compensation awards where value comes from future share delivery rather than a cash purchase.