STOCK TITAN

Exelon (EXC) director adds deferred stock units and phantom units

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Exelon Corp director Anna Richo reported a grant of 878 common stock deferred stock units valued at $49.82 per unit. These units were credited under the Exelon Corp. Directors Deferred Stock Unit Plan and are held as an indirect interest, bringing her deferred stock unit balance to 11,337 units, including 87 acquired through automatic dividend reinvestment.

Separately, she holds 7,930 deferred phantom share equivalents in an Exelon stock fund within a multi-fund, non-qualified deferred compensation plan. According to the disclosure, these phantom share equivalents, which include 66 accrued through automatic dividend reinvestment, will be settled for cash on a 1-for-1 basis with Exelon common stock when her service on the board ends.

Positive

  • None.

Negative

  • None.
Insider RICHO ANNA
Role Director
Type Security Shares Price Value
Grant/Award Common stock- deferred stock units 878 $49.82 $44K
holding Deferred phantom share equivalents -- -- --
Holdings After Transaction: Common stock- deferred stock units — 11,337 shares (Indirect, By Exelon Corp. Directors Deferred Stock Unit Plan); Deferred phantom share equivalents — 7,930 shares (Direct)
Footnotes (1)
  1. Balance includes 87 additional shares acquired through automatic dividend reinvestment. 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 66 additional phantom share equivalents accrued to the account through automatic dividend reinvestment.
Deferred stock unit grant 878 units at $49.82 Grant of common stock deferred stock units on 2026-03-31
Deferred stock units held 11,337 units Total indirect common stock deferred stock units after grant
Phantom share equivalents held 7,930 units Deferred phantom share equivalents tied to common stock, cash-settled 1-for-1
Dividend reinvestment shares 87 shares Additional deferred stock units from automatic dividend reinvestment
Dividend reinvestment phantom units 66 units Additional phantom share equivalents from automatic dividend reinvestment
Phantom equivalents exercise price $0.0000 Exercise price for deferred phantom share equivalents
Deferred stock units financial
"Common stock- deferred stock units credited under the Exelon Corp. Directors Deferred Stock Unit Plan"
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
Deferred phantom share equivalents financial
"Deferred phantom share equivalents held in the reporting person's Exelon stock fund account"
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
"Balance includes 87 additional shares acquired through automatic dividend reinvestment"
settled for cash on a 1 for 1 basis financial
"Phantom share equivalents will be settled for cash on a 1 for 1 basis"
SEC Form 4
FORM 4UNITED 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
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
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*
RICHO ANNA

(Last)(First)(Middle)
10 S DEARBORN STREET
54TH FLOOR

(Street)
CHICAGO ILLINOIS 60603

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
EXELON CORP [ EXC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/31/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common stock- deferred stock units03/31/2026A878A$49.8211,337(1)IBy Exelon Corp. Directors Deferred Stock Unit Plan
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Deferred phantom share equivalents(2) (2) (2)Common Stock7,9307,930(3)D
Explanation of Responses:
1. Balance includes 87 additional shares acquired through automatic dividend reinvestment.
2. 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.
3. Balance includes 66 additional phantom share equivalents accrued to the account through automatic dividend reinvestment.
Remarks:
Nevin S Boparai, attorney in fact for Anna Richo04/01/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Exelon (EXC) director Anna Richo report?

Anna Richo reported receiving 878 common stock deferred stock units valued at $49.82 each. These were granted under Exelon’s Directors Deferred Stock Unit Plan, increasing her total deferred stock unit holdings to 11,337, including shares accumulated through automatic dividend reinvestment.

How many deferred stock units does Exelon director Anna Richo now hold?

After the latest grant, Anna Richo holds 11,337 common stock deferred stock units indirectly. This balance includes the newly granted 878 units and 87 additional shares that were acquired automatically through dividend reinvestment within the directors’ deferred stock unit program.

What are Exelon deferred phantom share equivalents held by Anna Richo?

Deferred phantom share equivalents are bookkeeping units tied to Exelon common stock in a non-qualified deferred compensation plan. Anna Richo holds 7,930 of these, which will be settled for cash on a 1-for-1 basis when her board service ends, rather than delivering actual shares.

How were dividends treated in Anna Richo’s Exelon deferred accounts?

Dividends are automatically reinvested into additional units. Her deferred stock unit balance includes 87 extra shares from dividend reinvestment, and her deferred phantom share equivalents include 66 additional units accrued the same way, incrementally increasing her long-term deferred compensation exposure.

Does Anna Richo’s Exelon filing show any open-market stock purchases or sales?

The filing shows a grant of 878 deferred stock units and updated totals for deferred phantom share equivalents, but no open-market purchases or sales. The activity reflects compensation and dividend reinvestment rather than discretionary trading in Exelon common stock.