Board member at Exelon (EXC) receives 3,720 restricted stock units

Rhea-AI Filing Summary

Exelon Corp director David G. DeWalt received an annual award of 3,720 restricted stock units (RSUs) designated as 2026 Directors Restricted Stock Units. These RSUs were granted as compensation under the Exelon Long-term Incentive Plan.

The award will fully vest on April 28, 2027 and then be settled in Exelon common stock on a 1-for-1 basis, meaning each unit converts into one share. The RSUs will also accrue additional stock units through dividend reinvestment, which will vest at the same time as the original award. Following this grant, DeWalt holds 3,720 of these RSUs directly.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider DEWALT DAVID G

Role null

Type	Security	Shares	Price	Value
Grant/Award	2026 Directors Restricted Stock Units	3,720	$0.00	--

Holdings After Transaction: 2026 Directors Restricted Stock Units — 3,720 shares (Direct, null)

Footnotes (1)

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Key Figures

RSUs granted: 3,720 units RSUs after transaction: 3,720 units Vest and settlement date: April 28, 2027 +1 more

4 metrics

RSUs granted 3,720 units 2026 Directors Restricted Stock Units granted April 28, 2026

RSUs after transaction 3,720 units Total 2026 Directors RSUs held following the grant

Vest and settlement date April 28, 2027 Award fully vests and settles into common stock on this date

Conversion ratio 1-for-1 Each RSU converts into one share of Exelon common stock

Key Terms

Restricted Stock Units, Long-term Incentive Plan, dividend reinvestment

3 terms

Restricted Stock Units financial

"Annual restricted stock unit (RSU) award subject to the Exelon Long-term Incentive Plan"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

Long-term Incentive Plan financial

"Annual restricted stock unit (RSU) award subject to the Exelon Long-term Incentive Plan (LTIP)"

A long-term incentive plan is a company program that pays executives or employees with stock, options, or cash tied to multi-year performance goals, where the rewards become theirs only after meeting conditions over time. Think of it as a delayed bonus or retirement-style reward that aligns employees’ interests with shareholders by encouraging them to boost long-term value; investors watch these plans because they affect pay costs, share dilution and management incentives.

dividend reinvestment financial

"The award will accrue additional stock units through dividend reinvestment which will vest"

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.

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^*

DEWALT DAVID G

(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)
04/28/2026

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

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
2026 Directors Restricted Stock Units	(1)	04/28/2026		A		3,720		04/28/2027	04/28/2027	Common Stock	3,720	$0	3,720	D

Explanation of Responses:

1. Annual restricted stock unit (RSU) award subject to the Exelon Long-term Incentive Plan (LTIP) will fully vest and be settled in shares of Exelon common stock on a 1 for 1 basis. The award will accrue additional stock units through dividend reinvestment which will vest along with the underlying award.

Remarks:

	David T Skinner, attorney-in-fact for David G. DeWalt	04/29/2026
	** 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 insider transaction did Exelon (EXC) director David G. DeWalt report?

David G. DeWalt reported receiving a grant of 3,720 2026 Directors Restricted Stock Units. These RSUs are a stock-based compensation award under Exelon’s Long-term Incentive Plan and will convert into common shares after vesting, increasing his equity-linked exposure to the company.

When do David G. DeWalt’s 3,720 Exelon RSUs vest and settle?

The 3,720 restricted stock units granted to David G. DeWalt will fully vest on April 28, 2027. At vesting, they will be settled in Exelon common stock on a one-for-one basis, turning each unit into one share, subject to the plan’s standard terms.

Are David G. DeWalt’s Exelon RSUs an open-market purchase or compensation grant?

The 3,720 Exelon RSUs reported by David G. DeWalt are a compensation-related grant, not an open-market purchase. They are an annual restricted stock unit award issued at no cash cost to him under Exelon’s Long-term Incentive Plan for directors.

How do dividends affect David G. DeWalt’s Exelon RSU award?

Dividends on Exelon common stock will be reinvested into additional stock units tied to David G. DeWalt’s RSU award. These extra units accumulate over time and will vest on the same April 28, 2027 schedule as the original 3,720 restricted stock units.

How many Exelon RSUs does David G. DeWalt hold after this Form 4 filing?

After this reported transaction, David G. DeWalt holds 3,720 2026 Directors Restricted Stock Units directly. These units represent a right to receive an equal number of Exelon common shares once the award fully vests and is settled under the plan’s terms.