Exelon (EXC) CEO Butler nets large stock awards and sells shares at $43.91
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Exelon Corp President & CEO Calvin Butler Jr. reported multiple equity compensation events on February 2, 2026. Previously granted restricted stock units and performance shares converted into 198,151 shares of common stock, while new awards of 88,306 restricted stock units and 111,956 performance shares were granted under Exelon’s long-term incentive plan.
To cover taxes on these vestings, 82,268 shares of common stock were withheld at $43.91 per share. Butler also disposed of 31,793 common shares at $43.91 per share. After these transactions, he directly owned 262,584 Exelon common shares, plus 4,499 common shares in a 401(k) plan as of December 31, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary
198,151 shares exercised/converted
Mixed
13 txns
Insider
BUTLER CALVIN JR
Role
President & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | 2023 Restricted Stock Units | 23,558 | $0.00 | -- |
| Exercise | 2024 Restricted Stock Units | 31,986 | $0.00 | -- |
| Exercise | 2025 Restricted Stock Units | 30,651 | $0.00 | -- |
| Grant/Award | 2026 Restricted Stock Units | 88,306 | $0.00 | -- |
| Grant/Award | 2023-2025 Performance Shares | 111,956 | $0.00 | -- |
| Exercise | 2023-2025 Performance Shares | 111,956 | $0.00 | -- |
| Exercise | Common Stock | 23,558 | $0.00 | -- |
| Exercise | Common Stock | 31,986 | $0.00 | -- |
| Exercise | Common Stock | 30,651 | $0.00 | -- |
| Exercise | Common Stock | 111,956 | $0.00 | -- |
| Tax Withholding | Common Stock | 82,268 | $43.91 | $3.61M |
| Disposition | Common Stock | 31,793 | $43.91 | $1.40M |
| holding | Common Stock 401k | -- | -- | -- |
Holdings After Transaction:
2023 Restricted Stock Units — 0 shares (Direct);
2024 Restricted Stock Units — 31,986 shares (Direct);
2025 Restricted Stock Units — 61,303 shares (Direct);
2026 Restricted Stock Units — 88,306 shares (Direct);
2023-2025 Performance Shares — 111,956 shares (Direct);
Common Stock — 202,052 shares (Direct);
Common Stock 401k — 4,499 shares (Direct)
Footnotes (1)
- Restricted stock unit (RSU) award granted under the Exelon Long-Term Incentive Plan (LTIP). Award vests in 1/3 increments at the January or February meeting of the Exelon Talent Management and Compensation Committee (TMCC) with each RSU representing the right to receive one share of Exelon common stock upon vesting. The award accrues additional RSUs each quarter through automatic dividend reinvestment, and the additional RSUs vest on the same schedule as the underlying award. Performance share award granted under the LTIP for the three-year performance period referenced in Column 1 based upon the TMCC's determination of performance achieved for the period. Each performance share represents the right to receive one share or the cash equivalent of one share pursuant to the LTIP's terms with respect to individual stock ownership levels. Performance share awards vest immediately on their grant date. Balance as of December 31, 2025. Balance at the time of this vesting includes 843 additional shares acquired through automatic dividend reinvestment during 2025. Balance at the time of this vesting includes 2,291 additional shares acquired through automatic dividend reinvestment during 2025. Balance at the time of this vesting includes 3,292 additional shares acquired through automatic dividend reinvestment during 2025.
FAQ
What did Exelon (EXC) CEO Calvin Butler report in this Form 4?
Calvin Butler reported vesting and grants of equity awards plus related share disposals. Several restricted stock unit and performance share awards converted into common stock, new long-term incentive awards were granted, and shares were withheld and sold mainly around tax and settlement for these compensation events.
What new equity awards did Exelon (EXC) grant to its CEO in this filing?
Exelon granted Calvin Butler 88,306 restricted stock units and 111,956 performance shares. These derivative awards were issued under the Exelon Long-Term Incentive Plan, with each unit or performance share representing the right to receive one Exelon common share or equivalent value under the plan’s terms.