Exelon director granted 778 phantom share units
Exelon Corp director Matthew C. Rogers received a grant of deferred phantom share equivalents as part of his compensation.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred phantom share equivalents | 778 | $46.62 | $36K |
Footnotes (2)
- F1. 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.
- F2. Balance includes 7 additional phantom share equivalents accrued to the account through automatic dividend reinvestment.
Key Figures
Key Terms
non-qualified deferred compensation plan financial
automatic dividend reinvestment financial
FAQ
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What insider transaction did Exelon (EXC) director Matthew C. Rogers report?
Was the Exelon (EXC) Form 4 transaction a stock market purchase or sale?
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