[Form 4] EXELON CORP Insider Trading Activity

Rhea-AI Filing Summary

Insider acquisition of deferred stock units by an Exelon director. Bryan K. Segedi, listed as a director, acquired 950 deferred stock units on 09/30/2025 at an indicated price of $43.43 per unit. Following the transaction he is reported to beneficially own 7,492 units indirectly under the Exelon Corp. Directors Deferred Stock Unit Plan; that balance includes 60 shares added through automatic dividend reinvestment. The filing reports the transaction as an acquisition of non-derivative deferred stock units as part of director compensation and records the holding as indirect ownership through the directors' plan.

Positive

• Acquisition of 950 deferred stock units increases director's equity stake
• Post-transaction indirect ownership of 7,492 units shows alignment with shareholders
• 60 shares added via automatic dividend reinvestment demonstrates ongoing accumulation of holdings

Negative

• None.

Insights

Corporate Governance Expert

TL;DR: Routine director compensation; adds modest equity alignment without signaling major change.

The Form 4 shows a non-derivative acquisition of 950 deferred stock units by a company director, recorded as indirect ownership through the Exelon Directors Deferred Stock Unit Plan. The transaction appears to be compensation-related rather than a market purchase, and the reported post-transaction balance of 7,492 units (including 60 reinvested shares) indicates continued alignment of the director's economic interest with shareholders. There is no indication of unusual timing, large one-off grants, or disposal activity that would raise governance concerns.

Securities Analyst

TL;DR: Small-scale insider acquisition; unlikely to materially affect valuation or share supply.

The acquisition of 950 deferred stock units at $43.43 and an indirect holding of 7,492 units represents a modest equity position relative to a large-cap issuer. The inclusion of 60 shares via dividend reinvestment is noted but immaterial to capital structure. There are no derivative instruments or exercises reported, and no disposals, so this disclosure is a routine update to insider holdings rather than a signal of material company events.

SEC Form 4

FORM 4

UNITED 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).

1. Name and Address of Reporting Person^*

Segedi Bryan K

(Last) (First) (Middle)

10 S DEARBORN STREET

54TH FLOOR

(Street)

CHICAGO IL 60603

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
EXELON CORP [ EXC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
09/30/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common stock- deferred stock units	09/30/2025		A		950	A	$43.43	7,492(1)	I	By 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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Balance includes 60 additional shares acquired through automatic dividend reinvestment.

Remarks:

	David T Skinner, attorney-in-fact for Bryan K Segedi	10/01/2025
	** Signature of Reporting Person	Date
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.

FAQ

What did Bryan K. Segedi report on his Form 4 for EXC?

He reported acquiring 950 deferred stock units under the Exelon Directors Deferred Stock Unit Plan and now indirectly owns 7,492 units.

When was the transaction executed and at what price?

The transaction date reported is 09/30/2025 with an indicated price of $43.43 per unit.

Does the Form 4 show any option exercises or stock disposals by the director?

No. The filing reports a non-derivative acquisition only; there are no derivative exercises or dispositions listed.

What does 'indirect ownership' mean in this filing?

The filing states the units are held indirectly through the Exelon Corp. Directors Deferred Stock Unit Plan, indicating ownership via the plan rather than direct share ownership.

Were any additional shares added outside the 950 units?

Yes. The reported balance includes 60 additional shares acquired through automatic dividend reinvestment.