[8-K] EXELON CORP Reports Material Event

Rhea-AI Filing Summary

Exelon Corporation reported a leadership change in its compliance and risk functions. David Glockner, Executive Vice President, Compliance, Audit and Risk, will depart effective January 1, 2026, and will receive benefits under Exelon’s previously disclosed Senior Management Severance Plan for a termination other than for “cause.”

After his departure, Jeanne Jones, currently Executive Vice President and Chief Financial Officer, will take on responsibility for the audit and risk department and be titled Executive Vice President, Chief Finance Officer, Audit and Risk. Colette Honorable, currently Executive Vice President, Chief Legal Officer and Corporate Secretary, will assume responsibility for the compliance department and be titled Executive Vice President, Chief Legal Officer, Compliance and Corporate Secretary.

Insights

Corporate governance and risk analyst

Exelon consolidates compliance, audit and risk oversight under existing senior leaders following an EVP departure.

Exelon announced that David Glockner, Executive Vice President, Compliance, Audit and Risk, will depart effective January 1, 2026, with severance benefits under its Senior Management Severance Plan for a termination other than for “cause.” This represents a change in oversight of key control functions but keeps them within the current executive team.

Responsibility for audit and risk will move to Jeanne Jones, already Executive Vice President and Chief Financial Officer, who will become Executive Vice President, Chief Finance Officer, Audit and Risk. Compliance will move to Colette Honorable, who will become Executive Vice President, Chief Legal Officer, Compliance and Corporate Secretary. This structure places financial, legal, compliance, audit and risk responsibilities under two seasoned executives, and the actual impact will depend on how they allocate time and maintain segregation of duties.

The event is noteworthy for governance because it reshapes reporting lines for compliance, audit and risk rather than introducing new external leadership. Subsequent company disclosures may provide more detail on any changes to risk oversight frameworks or committee reporting that accompany these title and responsibility adjustments.

Pennsylvania10 South Dearborn StreetP.O. Box 805379ChicagoIllinois60680-5379(800)483-3220☐0001109357False00011093572025-11-242025-11-24

			UNITED STATES SECURITIES AND EXCHANGE COMMISSION
			Washington, D.C. 20549
			FORM			8-K
			CURRENT REPORT
			Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
			November 24, 2025
			Date of Report (Date of earliest event reported)

Commission File Number

Name of Registrant; State or Other Jurisdiction of Incorporation; Address of Principal Executive Offices; and Telephone Number

IRS Employer Identification Number

001-16169

EXELON CORPORATION

23-2990190

(a Pennsylvania corporation) 10 South Dearborn Street P.O. Box 805379 Chicago, Illinois 60680-5379 (800) 483-3220

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐			Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐			Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐			Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐			Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading Symbol(s)

Name of each exchange on which registered

EXELON CORPORATION:

Common Stock, without par value

EXC

The Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On November 26, 2025, Exelon Corporation (“Exelon”) announced that David Glockner, Executive Vice President, Compliance, Audit and Risk, will depart Exelon effective as of January 1, 2026. Mr. Glockner will receive benefits pursuant to the previously disclosed terms of Exelon’s Senior Management Severance Plan applicable to a termination of employment other than for “cause.”

Upon Mr. Glockner’s departure, (1) Jeanne Jones, currently Exelon’s Executive Vice President and Chief Financial Officer, will assume responsibility for the audit and risk department in an expanded role and be named Executive Vice President, Chief Finance Officer, Audit and Risk, and (2) Colette Honorable, currently Exelon’s Executive Vice President, Chief Legal Officer and Corporate Secretary, will assume responsibility for the compliance department in an expanded role and be named Executive Vice President, Chief Legal Officer, Compliance and Corporate Secretary.

Item 9.01. Financial Statements and Exhibits

(d)    Exhibits.

Exhibit No.						Description
101						Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document.
104						Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101)

* * * * *

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

EXELON CORPORATION

/s/ Colette D. Honorable

Colette D. Honorable

Executive Vice President, Chief Legal Officer and Corporate Secretary

November 26, 2025

EXHIBIT INDEX

Exhibit No.						Description
101						Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document.
104						Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101)

FAQ

What executive leadership change did Exelon (EXC) announce in this 8-K?

Exelon announced that David Glockner, Executive Vice President, Compliance, Audit and Risk, will depart the company effective January 1, 2026.

Will the departing Exelon executive receive severance benefits?

Yes. The filing states that David Glockner will receive benefits under Exelon’s previously disclosed Senior Management Severance Plan applicable to a termination of employment other than for “cause.”

How will Exelon (EXC) reassign audit and risk responsibilities after the departure?

Upon the departure, Jeanne Jones, currently Executive Vice President and Chief Financial Officer, will assume responsibility for the audit and risk department and be titled Executive Vice President, Chief Finance Officer, Audit and Risk.

Who will oversee compliance at Exelon after this leadership change?

Colette Honorable, currently Executive Vice President, Chief Legal Officer and Corporate Secretary, will take responsibility for the compliance department and be titled Executive Vice President, Chief Legal Officer, Compliance and Corporate Secretary.

Does this Exelon 8-K include any financial statements or transaction details?

The filing focuses on executive leadership changes in compliance, audit and risk. It lists only technical exhibits related to the cover page Inline XBRL data and does not describe new financial transactions.

What exhibits are attached to this Exelon Corporation Form 8-K?

The exhibits are Exhibit 101, the cover page interactive data file with XBRL tags embedded in the Inline XBRL document, and Exhibit 104, the cover page interactive data file formatted as Inline XBRL and contained in Exhibit 101.