STOCK TITAN

[Form 4] EXELON CORP Insider Trading Activity

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

Anna Richo, a director of Exelon Corp (EXC), received equity-based deferred compensation tied to Exelon common stock. On 09/30/2025 she was credited 950 deferred stock units at a reported price of $43.43, bringing her total indirect holdings in deferred stock units to 9,346 (that total includes 77 shares from dividend reinvestment). On the same date she was credited 694 phantom share equivalents694 underlying common shares$45.017,082 (including 55 accrued on the ex-dividend date). The transactions were reported on a Form 4 by an attorney-in-fact on behalf of the reporting person.

Anna Richo, amministratrice di Exelon Corp (EXC), ha ricevuto una retribuzione differita basata su azioni legate alle azioni ordinarie di Exelon. Il 30/09/2025 le sono state accreditate 950 unità azionarie differite a un prezzo riportato di 43,43$, portando le sue partecipazioni indirette totali in unità azionarie differite a 9.346 (di cui 77 azioni derivanti dal reinvestimento dei dividendi). Nello stesso giorno le sono stati accreditati 694 equivalenti di azioni fantasma in un piano di retribuzione differita non qualificato che si liquida in contanti 1:1 al termine del suo servizio nel consiglio; tali equivalenti fantasma sono registrati come 694 azioni ordinarie sottostanti con un valore di riferimento di 45,01$ e un saldo diretto post-trasazione di 7.082 (inclusi 55 maturati alla data ex-dividendo). Le transazioni sono state riportate su un Form 4 da un procuratore in nome della persona che segnala.
Anna Richo, directora de Exelon Corp (EXC), recibió una compensación diferida basada en acciones relacionada con las acciones ordinarias de Exelon. El 30/09/2025 se le acreditaron 950 unidades de acciones diferidas a un precio reportado de 43,43$, llevando sus participaciones indirectas totales en unidades de acciones diferidas a 9.346 (ese total incluye 77 acciones derivadas del reinversión de dividendos). En la misma fecha se le acreditaron 694 equivalentes de acciones fantasma en un plan de compensación diferida no calificado que se liquida en efectivo 1:1 cuando termina su servicio en la junta; esos equivalentes fantasma se reportan como 694 acciones ordinarias subyacentes con un valor referenciado de 45,01$ y un saldo directo posterior a la transacción de 7.082 (incluidos 55 acumulados en la fecha ex-dividendo). Las transacciones fueron reportadas en un Formulario 4 por un procurador en nombre de la persona que reporta.
Anna Richo는 Exelon Corp(EXC)의 이사로서 Exelon 보통주와 연계된 주식 기반의 이연 보상을 받았습니다. 2025년 9월 30일 그녀는 보고된 가격 43.43달러로 950주의 이연 주식 단위를 적립받았고, 이로써 이연 주식 단위의 간접 보유 총액은 9,346주에 이르렀으며 이 총액에는 배당 reinvestment로 인한 77주가 포함됩니다. 같은 날 그녀는 자격이 없는 이연 보상 계획에서 현금으로 1:1로 결제되는 694개의 팬텀 주식 등가를 적립받았으며, 이 팬텀 등가물은 694주 기본 일반주로 보고되며 기준가 45.01달러, 거래 후 직전 잔액은 7,082주(배당일에 누적된 55주 포함)입니다. 이 거래는 보고 당사자를 대신하여 대리인이 Form 4에 보고했습니다.
Anna Richo, administratrice de Exelon Corp (EXC), a reçu une rémunération différée fondée sur des actions liée aux actions ordinaires d'Exelon. Le 30/09/2025, elle a reçu 950 unités d'actions différées évaluées à un prix déclaré de 43,43 $, portant ses participations indirectes totales en unités d'actions différées à 9 346 (ce total inclut 77 actions provenant du réinvestissement des dividendes). Le même jour, elle a reçu 694 équivalents d'actions fantômes dans un plan de rémunération différée non qualifié qui se règle en espèces 1:1 à la fin de son mandat au conseil; ces équivalents fantômes sont reportés comme 694 actions ordinaires sous-jacentes avec une valeur de référence de 45,01 $ et un solde direct post-transaction de 7 082 (dont 55 accumulés à la date ex-dividende). Les transactions ont été déclarées sur un Form 4 par un mandataire agissant au nom de la personne déclarant.
Anna Richo, Direktorin von Exelon Corp (EXC), erhielt aktienbasierte, aufgeschobene Vergütung, die an Exelon-Stammaktien gebunden ist. Am 30.09.2025 wurden ihr 950 deferred stock units zu einem gemeldeten Kurs von 43,43 USD gutgeschrieben, wodurch ihre indirekter Anteil an deferred stock units insgesamt 9.346 beträgt (diese Summe enthält 77 Anteile aus Dividendene reinvestment). Am selben Datum erhielt sie 694 Phantom-Share-Äquivalente in einem nicht qualifizierten Deferred-Compensation-Plan, der bei Beendigung ihres Vorstandsdienstes 1:1 in Bargeld abgewickelt wird; diese Phantom-Äquivalente werden als 694 zugrunde liegende Stammaktien mit einem Referenzwert von 45,01 USD berichtet und ein direkter Saldo nach der Transaktion von 7.082 (einschließlich 55 im Ex-Dividenden-Tag aufgelaufene) besteht. Die Transaktionen wurden in einem Form 4 von einem Bevollmächtigten im Namen der meldenden Person gemeldet.
آنا ريخو، مديرة في شركة Exelon Corp (EXC)، تلقت تعويضاً مؤجلاً يعتمد على الأسهم مرتبطاً بأسهم Exelon العادية. في 30/09/2025، تم اعتماد 950 وحدة أسهم مؤجلة بسعر مُبلغ عنه قدره 43.43 دولاراً، ليصل إجمالي حصتها غير المباشرة في وحدات الأسهم المؤجلة إلى 9,346 (ويشمل الإجمالي 77 سهماً من إعادة استثمار الأرباح). في نفس التاريخ، تم اعتماد 694 مكافئاً من أسهم وهمية في خطة تعويض مؤجل غير مؤهلة تُسوى نقداً 1:1 عند انتهاء خدمتها في المجلس؛ وتُسجل هذه المكافئات الوهمية كـ 694 سهماً عادياً أساسياً بقيمة مرجعية 45.01 دولار وبرصيد مباشر بعد الصفقة قدره 7,082 (منها 55 متراكماً في تاريخ ما قبل توزيع الأرباح). تم الإبلاغ عن المعاملات في نموذج 4 من قبل محامٍ وكيلاً نيابة عن الشخص المُبلغ.
Anna Richo,Exelon Corp(EXC)的董事,获得与 Exelon 普通股相关的以股票为基础的递延报酬。2025年09月30日,她被记入950份递延股票单位,报告价格为43.43美元,使她在递延股票单位的间接持有总额达到9,346份(其中包含因股息再投资产生的77股)。同日她在一项非合格递延报酬计划中获得694份幻影股票等价物,结算时按1:1现金清算,直至她在董事会任期结束;这些幻影等价物被记录为694股基础普通股,参考价值45.01美元,交易后直接余额为7,082(其中包括在除息日累计的55股)。相关交易由代理律师代表报告人通过 Form 4 提交。
Positive
  • Director alignment with shareholders through increased deferred stock units tied to Exelon common stock
  • Phantom share equivalents are cash-settled, avoiding share dilution while linking pay to stock performance
Negative
  • None.

Insights

TL;DR: Routine director compensation entries increase insider stake via deferred units and cash-settled phantom shares; typical for board pay.

The report documents standard director equity compensation mechanics rather than open-market trading or option exercises. The director received deferred stock units and phantom share equivalents within Exelon's director plans, increasing both indirect and direct beneficial balances. Because the phantom equivalents are cash-settled upon termination, they do not dilute shareholders but indicate continued alignment of the director's pay with company performance. No departures, option grants with atypical terms, or unusual pricing are disclosed, so governance implications are modest and routine.

TL;DR: These are compensation accruals, not open-market purchases or sales; they have negligible immediate capital-market impact.

The transactions reflect accruals credited to a director under Exelon's deferred compensation frameworks: 950 deferred stock units694 phantom share equivalents

Anna Richo, amministratrice di Exelon Corp (EXC), ha ricevuto una retribuzione differita basata su azioni legate alle azioni ordinarie di Exelon. Il 30/09/2025 le sono state accreditate 950 unità azionarie differite a un prezzo riportato di 43,43$, portando le sue partecipazioni indirette totali in unità azionarie differite a 9.346 (di cui 77 azioni derivanti dal reinvestimento dei dividendi). Nello stesso giorno le sono stati accreditati 694 equivalenti di azioni fantasma in un piano di retribuzione differita non qualificato che si liquida in contanti 1:1 al termine del suo servizio nel consiglio; tali equivalenti fantasma sono registrati come 694 azioni ordinarie sottostanti con un valore di riferimento di 45,01$ e un saldo diretto post-trasazione di 7.082 (inclusi 55 maturati alla data ex-dividendo). Le transazioni sono state riportate su un Form 4 da un procuratore in nome della persona che segnala.
Anna Richo, directora de Exelon Corp (EXC), recibió una compensación diferida basada en acciones relacionada con las acciones ordinarias de Exelon. El 30/09/2025 se le acreditaron 950 unidades de acciones diferidas a un precio reportado de 43,43$, llevando sus participaciones indirectas totales en unidades de acciones diferidas a 9.346 (ese total incluye 77 acciones derivadas del reinversión de dividendos). En la misma fecha se le acreditaron 694 equivalentes de acciones fantasma en un plan de compensación diferida no calificado que se liquida en efectivo 1:1 cuando termina su servicio en la junta; esos equivalentes fantasma se reportan como 694 acciones ordinarias subyacentes con un valor referenciado de 45,01$ y un saldo directo posterior a la transacción de 7.082 (incluidos 55 acumulados en la fecha ex-dividendo). Las transacciones fueron reportadas en un Formulario 4 por un procurador en nombre de la persona que reporta.
Anna Richo는 Exelon Corp(EXC)의 이사로서 Exelon 보통주와 연계된 주식 기반의 이연 보상을 받았습니다. 2025년 9월 30일 그녀는 보고된 가격 43.43달러로 950주의 이연 주식 단위를 적립받았고, 이로써 이연 주식 단위의 간접 보유 총액은 9,346주에 이르렀으며 이 총액에는 배당 reinvestment로 인한 77주가 포함됩니다. 같은 날 그녀는 자격이 없는 이연 보상 계획에서 현금으로 1:1로 결제되는 694개의 팬텀 주식 등가를 적립받았으며, 이 팬텀 등가물은 694주 기본 일반주로 보고되며 기준가 45.01달러, 거래 후 직전 잔액은 7,082주(배당일에 누적된 55주 포함)입니다. 이 거래는 보고 당사자를 대신하여 대리인이 Form 4에 보고했습니다.
Anna Richo, administratrice de Exelon Corp (EXC), a reçu une rémunération différée fondée sur des actions liée aux actions ordinaires d'Exelon. Le 30/09/2025, elle a reçu 950 unités d'actions différées évaluées à un prix déclaré de 43,43 $, portant ses participations indirectes totales en unités d'actions différées à 9 346 (ce total inclut 77 actions provenant du réinvestissement des dividendes). Le même jour, elle a reçu 694 équivalents d'actions fantômes dans un plan de rémunération différée non qualifié qui se règle en espèces 1:1 à la fin de son mandat au conseil; ces équivalents fantômes sont reportés comme 694 actions ordinaires sous-jacentes avec une valeur de référence de 45,01 $ et un solde direct post-transaction de 7 082 (dont 55 accumulés à la date ex-dividende). Les transactions ont été déclarées sur un Form 4 par un mandataire agissant au nom de la personne déclarant.
Anna Richo, Direktorin von Exelon Corp (EXC), erhielt aktienbasierte, aufgeschobene Vergütung, die an Exelon-Stammaktien gebunden ist. Am 30.09.2025 wurden ihr 950 deferred stock units zu einem gemeldeten Kurs von 43,43 USD gutgeschrieben, wodurch ihre indirekter Anteil an deferred stock units insgesamt 9.346 beträgt (diese Summe enthält 77 Anteile aus Dividendene reinvestment). Am selben Datum erhielt sie 694 Phantom-Share-Äquivalente in einem nicht qualifizierten Deferred-Compensation-Plan, der bei Beendigung ihres Vorstandsdienstes 1:1 in Bargeld abgewickelt wird; diese Phantom-Äquivalente werden als 694 zugrunde liegende Stammaktien mit einem Referenzwert von 45,01 USD berichtet und ein direkter Saldo nach der Transaktion von 7.082 (einschließlich 55 im Ex-Dividenden-Tag aufgelaufene) besteht. Die Transaktionen wurden in einem Form 4 von einem Bevollmächtigten im Namen der meldenden Person gemeldet.
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*
RICHO ANNA

(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 9,346(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) 09/30/2025 A 694 (2) (2) Common Stock 694 $45.01 7,082(3) D
Explanation of Responses:
1. Balance includes 77 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 55 additional phantom share equivalents that were accrued to the account by the plan administrator on the ex-dividend date.
Remarks:
David T Skinner, attorney-in-fact for Anna Richo 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 transactions did EXC director Anna Richo report on the Form 4?

The Form 4 reports Anna Richo was credited 950 deferred stock units$43.43 and 694 phantom share equivalents

How many Exelon shares does Anna Richo beneficially own after these transactions?

The filing shows 9,346 deferred stock units held indirectly and a reported 7,082

Are the phantom share equivalents convertible into Exelon stock?

No; the phantom share equivalents are part of a non-qualified deferred compensation plan and are cash-settled on a 1:1 basis

Do these reported transactions dilute Exelon (EXC) shareholders?

The deferred stock units reflect compensation accruals and the phantom equivalents are cash-settled, so the filing does not indicate any immediate share dilution

Were any open-market purchases or sales reported by Anna Richo?

No open-market purchases or sales are reported; the entries are accruals under director compensation plans.
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