Exelon (EXC) director Matthew C. Rogers granted 778 deferred phantom share units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Exelon Corp director Matthew C. Rogers received a grant of deferred phantom share equivalents as part of his compensation. On the transaction date, he acquired 778 deferred phantom share equivalents tied to Exelon common stock at a reference price of $46.62 per share. These units are held in his Exelon stock fund account within a multi-fund, non-qualified deferred compensation plan and will be settled in cash on a 1-for-1 basis when his board service ends. After this grant and dividend-related accruals, his balance in this plan totals 1,524 phantom share equivalents, including 7 units added through automatic dividend reinvestment.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Rogers Matthew C
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred phantom share equivalents | 778 | $46.62 | $36K |
Holdings After Transaction:
Deferred phantom share equivalents — 1,524 shares (Direct, null)
Footnotes (1)
- Phantom share equivalents held in the reporting person's Exelon stock fund account that is part of a multi-fund, non-qualified deferred compensation plan. Phantom share equivalents will be settled for cash on a 1 for 1 basis upon the termination of the reporting person's service to the board of directors. Balance includes 7 additional phantom share equivalents accrued to the account through automatic dividend reinvestment.
Key Figures
Phantom share equivalents granted: 778 units
Reference price per unit: $46.62 per share equivalent
Total phantom share equivalents after grant: 1,524 units
+2 more
5 metrics
Phantom share equivalents granted
778 units
Deferred phantom share equivalents grant to director
Reference price per unit
$46.62 per share equivalent
Value used for the phantom share grant
Total phantom share equivalents after grant
1,524 units
Balance following the transaction
Dividend reinvestment accrual
7 units
Additional phantom share equivalents from automatic dividend reinvestment
Settlement type
Cash, 1-for-1 with common stock
Settlement upon termination of board service
Key Terms
Deferred phantom share equivalents, non-qualified deferred compensation plan, automatic dividend reinvestment
3 terms
non-qualified deferred compensation plan financial
"part of a multi-fund, non-qualified deferred compensation plan"
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.
automatic dividend reinvestment financial
"accrued to the account through automatic dividend reinvestment"
FAQ
What insider transaction did Exelon (EXC) director Matthew C. Rogers report?
Matthew C. Rogers reported receiving a grant of 778 deferred phantom share equivalents. These are compensation-related units tied to Exelon common stock value, not an open-market stock purchase or sale.
Was the Exelon (EXC) Form 4 transaction a stock market purchase or sale?
No. The Form 4 shows a grant of 778 deferred phantom share equivalents to Matthew C. Rogers as compensation. It was not an open-market stock purchase or sale of Exelon common shares.