Exelon (NASDAQ: EXC) director receives deferred stock units and phantom shares

Rhea-AI Filing Summary

Rogers Matthew C reported acquisition or exercise transactions in this Form 4 filing.

EXELON CORP director Matthew C. Rogers reported compensation-related equity awards. He received 739 deferred phantom share equivalents tied to Exelon common stock at $49.02 per equivalent, bringing his balance in this derivative instrument to 739 units, with 98 of these obtained through automatic dividend reinvestment.

He was also granted 878 shares of common stock in the form of deferred stock units at $49.82 per unit, held indirectly through the Exelon Corp. Directors Deferred Stock Unit Plan, increasing that plan balance to 12,554 units. The phantom share equivalents are part of a non-qualified deferred compensation plan and will be settled in cash on a 1-for-1 basis after his service on the board ends.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Rogers Matthew C

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Deferred phantom share equivalents	739	$49.02	$36K
Grant/Award	Common stock- deferred stock units	878	$49.82	$44K

Holdings After Transaction: Deferred phantom share equivalents — 739 shares (Direct); Common stock- deferred stock units — 12,554 shares (Indirect, By Exelon Corp. Directors Deferred Stock Unit Plan)

Footnotes (1)

1. Balance includes 98 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.

Key Figures

Deferred phantom share equivalents granted: 739 units at $49.02 Deferred phantom share equivalents balance: 739 units Deferred stock units granted: 878 units at $49.82 +2 more

5 metrics

Deferred phantom share equivalents granted 739 units at $49.02 Grant of deferred phantom share equivalents on March 31, 2026

Deferred phantom share equivalents balance 739 units Total phantom share equivalents following transaction

Deferred stock units granted 878 units at $49.82 Common stock deferred stock units awarded March 31, 2026

Deferred stock units balance 12,554 units Indirect holdings via Directors Deferred Stock Unit Plan after award

Dividend reinvestment additions 98 shares Additional shares acquired through automatic dividend reinvestment

Key Terms

Deferred phantom share equivalents, non-qualified deferred compensation plan, dividend reinvestment, deferred stock units

4 terms

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.

dividend reinvestment financial

"Balance includes 98 additional shares acquired through automatic dividend reinvestment"

Dividend reinvestment is when the money earned from a company's profit sharing, called dividends, is automatically used to buy more shares of that company instead of being received as cash. This process helps investors grow their holdings over time without extra effort, much like using earned interest to buy more of a savings account. It encourages long-term investment growth by continuously increasing the amount of shares owned.

deferred stock units financial

"Common stock- deferred stock units"

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.

Form 4 Insider Transactions: What Each Field Means →

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).

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^*

Rogers Matthew C

(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)

X	Director		10% 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)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common stock- deferred stock units	03/31/2026		A		878	A	$49.82	12,554(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
Deferred phantom share equivalents	(2)	03/31/2026		A		739		(2)	(2)	Common Stock	739	$49.02	739	D

Explanation of Responses:

1. Balance includes 98 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.

Remarks:

	Nevin S Boparai, attorney in fact for Matthew C Rogers	04/01/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What did Exelon (EXC) director Matthew C. Rogers report in this Form 4?

He reported equity-based compensation grants, not open-market trades. Rogers received deferred phantom share equivalents and deferred stock units tied to Exelon common stock, increasing both his cash-settled phantom account and his directors’ deferred stock unit plan holdings.

How many deferred phantom share equivalents did Exelon (EXC) grant to Matthew C. Rogers?

He was granted 739 deferred phantom share equivalents at $49.02 each. These units are part of a non-qualified deferred compensation plan and track Exelon’s stock value, with settlement in cash on a one-for-one basis after his board service ends.

What are the key details of the deferred stock units reported for Exelon (EXC)?

Rogers received 878 shares in the form of deferred stock units at $49.82 per unit. These are held indirectly through the Exelon Corp. Directors Deferred Stock Unit Plan, raising his balance in that plan to 12,554 units following this award.

Are Matthew C. Rogers’ deferred phantom share equivalents in Exelon (EXC) settled in stock or cash?

They are settled in cash, not stock. The phantom share equivalents are held in an Exelon stock fund within a non-qualified deferred compensation plan and will be paid out in cash on a 1-for-1 basis after his board service concludes.

Did Exelon (EXC) director Matthew C. Rogers buy or sell shares in the market in this filing?

No open-market buys or sells were reported. The Form 4 only shows grant or award acquisitions coded as “A,” reflecting compensation-related deferred phantom share equivalents and deferred stock units, rather than discretionary market transactions in Exelon common stock.

What additional shares were noted through dividend reinvestment for Exelon (EXC)?

A footnote states the reported balance includes 98 additional shares acquired via automatic dividend reinvestment. This means part of Rogers’ deferred holdings increased as dividends were reinvested, adding to his total reported deferred share-related balances.