Constellation (NASDAQ: CEG) director awarded 556 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Harrington Charles L. reported acquisition or exercise transactions in this Form 4 filing.
Constellation Energy Corp director Charles L. Harrington received a grant of 556 restricted stock units on Common Stock on April 28, 2026. The grant is compensation, not an open‑market purchase.
The RSUs vest in full on April 28, 2027, and each unit will deliver one share of Common Stock when vested. The award also earns quarterly dividend equivalents in the form of additional RSUs that vest on the same schedule as the original grant.
After this grant, Harrington directly holds 1,555 shares of Common Stock, 4,703 deferred stock units, and 5,191 phantom share equivalents tied to Common Stock, plus small indirect holdings through spouse and personal trusts.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Harrington Charles L.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 556 | $305.71 | $170K |
| holding | Deferred Compensation - Phantom Share Equivalents | -- | -- | -- |
| holding | Common Stock (Deferred Stock Units) | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 1,555 shares (Direct, null);
Deferred Compensation - Phantom Share Equivalents — 5,191 shares (Direct, null);
Common Stock (Deferred Stock Units) — 4,703 shares (Direct, null);
Common Stock — 25 shares (Indirect, By Trust)
Footnotes (1)
- Represents restricted stock units ("RSUs") that vest in full on April 28, 2027. 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. Balance includes approximately 5 shares acquired through quarterly automatic dividend reinvestments. Balance includes approximately 24 shares acquired through quarterly automatic dividend reinvestments. Phantom share equivalents acquired in the reporting person's Constellation Energy Corporation stock fund account that is part of a multi-fund, non-qualified deferred compensation plan and will be settled in cash on a 1-for-1 basis upon termination of the reporting person's service. The balance of phantom share equivalents may fluctuate due to periodic changes in the fund composition.
Key Figures
RSU grant size: 556 shares
RSU grant reference price: $305.7100 per share
Direct common shares after grant: 1,555 shares
+4 more
7 metrics
RSU grant size
556 shares
Restricted stock units granted April 28, 2026
RSU grant reference price
$305.7100 per share
Grant, award, or other acquisition of Common Stock
Direct common shares after grant
1,555 shares
Total shares of Common Stock directly owned following transaction
Deferred stock units
4,703 units
Common Stock (Deferred Stock Units) held directly
Phantom share equivalents
5,191 units
Deferred compensation phantom share equivalents tied to Common Stock
Spouse’s trust holding
15 shares
Common Stock held indirectly by spouse's trust
Trust holding
25 shares
Common Stock held indirectly by trust
Key Terms
restricted stock units ("RSUs"), dividend equivalents, non-qualified deferred compensation plan, phantom share equivalents
4 terms
restricted stock units ("RSUs") financial
"Represents restricted stock units ("RSUs") that vest in full on April 28, 2027."
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
dividend equivalents financial
"These RSUs accrue quarterly dividend equivalents in the form of additional RSUs representing common stock dividends."
Payments tied to employee or contractor equity awards that mirror the cash dividends paid on the company’s stock; they give the holder the same economic benefit as owning the shares without transferring actual shares—often paid in cash or additional award units when the award becomes payable. Investors care because these payments affect a company’s compensation costs, cash flow and potential share dilution, and they signal how management is being rewarded and aligned with shareholders.
non-qualified deferred compensation plan financial
"part of a multi-fund, non-qualified deferred compensation plan and will be settled in cash on a 1-for-1 basis"
An arrangement where an employer agrees to pay part of an employee’s salary or bonus at a later date, often to attract or keep key staff. Think of it as a company IOU or a delayed paycheck held on the company’s books rather than in a protected retirement account; investors care because these promises create future cash obligations that are typically unsecured and depend on the company’s financial health, affecting risk, liabilities, and cash-flow planning.
FAQ
What did Constellation Energy (CEG) director Charles Harrington report in this Form 4?
He reported a grant of 556 restricted stock units of Constellation Energy Common Stock as director compensation. These RSUs vest in full on April 28, 2027 and deliver one share each, adding to his existing direct and deferred equity-based holdings.
When do Charles Harrington’s new Constellation Energy RSUs vest?
The 556 restricted stock units vest in full on April 28, 2027. Upon vesting, each RSU converts into one share of Constellation Energy Common Stock, increasing his direct share ownership, assuming no changes from other transactions before that date.
Are Charles Harrington’s new Constellation Energy RSUs open-market purchases?
No. The 556 units are a compensation-related grant classified as a grant, award, or other acquisition. They were not bought on the open market and will convert into shares automatically when they vest on April 28, 2027.
Do Charles Harrington’s Constellation Energy RSUs earn dividends before vesting?
Yes. The RSUs accrue quarterly dividend equivalents in the form of additional RSUs. These additional units mirror common stock dividends approved by the board and vest on the same schedule as the underlying RSU award, enhancing the overall grant value.