Exelon Corporation reported higher full-year 2025 earnings and set a growth outlook for 2026. GAAP net income rose to $2.73 per share from $2.45 in 2024, while Adjusted (non-GAAP) operating earnings increased to $2.77 from $2.50 per share. In the fourth quarter, GAAP earnings were $0.58 per share and Adjusted earnings were $0.59 per share, both down from $0.64 a year earlier, reflecting higher taxes, interest and operating costs despite stronger utility rate revenues. Exelon introduced 2026 Adjusted operating earnings guidance of $2.81–$2.91 per share and plans $41.3 billion of capital spending over the next four years, targeting 7.9% rate base growth and operating EPS growth near the top of its 5–7% range through 2029. The company updated its four‑year financing plan to include $3.4 billion of equity, implying about $850 million per year, alongside debt issuance. The board declared a quarterly dividend of $0.42 per share and highlighted continued strong reliability metrics and customer affordability initiatives, including $60 million of direct assistance from its Customer Relief Fund.
Exelon Corporation executive Timothy George Peterson, EVP Chief Customer & Technology Officer, reported a new equity award. On February 2, 2026, he received 11,274 restricted stock units (RSUs) under Exelon’s Long Term Incentive Plan. The RSUs vest in one-third increments at January or February meetings of the Talent Management and Compensation Committee and earn additional RSUs through automatic dividend reinvestment. After this grant, Peterson also directly holds 199 shares of Exelon common stock.
Exelon Corporation senior vice president Robert A. Kleczynski reported multiple stock-based compensation transactions dated 02/02/2026. He converted 2023, 2024 and 2025 restricted stock units and 2023–2025 performance shares into a total of 12,287 shares of Exelon common stock at a conversion price of $0 per share.
On the same date, he received new grants of 5,673 restricted stock units and 7,019 performance shares, both at a stated price of $0. To cover taxes, 3,768 shares were withheld at $43.91 per share, and 4,963 shares of common stock were disposed of at $43.91 per share. After these transactions, he directly held 44,681 shares of Exelon common stock and 1,798 deferred phantom share equivalents.
Exelon Executive Vice President and CFO Jeanne M. Jones reported several equity compensation transactions on February 2, 2026. She exercised previously granted restricted stock units and performance shares into common stock, including 5,197 2023 RSUs, 6,485 2024 RSUs, 7,031 2025 RSUs, and 24,701 2023–2025 performance shares.
Jones also received new awards of 18,789 2026 restricted stock units and 24,701 2023–2025 performance shares at no cost. To cover tax obligations, 16,051 common shares were withheld at $43.91 per share, and she separately disposed of 7,154 common shares at $43.91 per share, ending with direct ownership of 60,802 Exelon common shares.
Exelon Corporation executive Michael Innocenzo, EVP & Chief Operating Officer, reported multiple equity compensation transactions dated 02/02/2026. Several batches of restricted stock units and performance shares were converted into Exelon common stock, increasing his directly held common shares to 86,802, plus 2,835 shares in an employee stock purchase plan.
He also received a new grant of 20,668 2026 restricted stock units and held 2,274 deferred phantom share equivalents as of 12/31/2025. To cover tax obligations on vesting, 9,547 shares of common stock were withheld at $43.91 per share, and he disposed of an additional 7,199 shares at the same price.
Exelon EVP Colette Honorable reported equity compensation activity dated 02/02/2026. She converted 2024 and 2025 restricted stock units into 3,872 and 4,781 shares of Exelon common stock, respectively, and disposed of 3,184 common shares at $43.91 per share. After these transactions, she directly owned 7,740 common shares. She also received a new 2026 restricted stock unit award covering 12,777 shares, which accrues additional units through automatic dividend reinvestment and vests in annual thirds under Exelon’s long-term incentive plan.
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.
Exelon Corporation executive Timothy George Peterson, serving as EVP Chief Customer & Technology Officer, filed an initial insider ownership report. The filing shows that he beneficially owns 199 shares of Exelon common stock, held in direct form as of the reported date.
Exelon Corporation filed an amended current report to update information about director David DeWalt. When he joined the Board on March 10, 2025, his committee roles were not yet set. The company now reports that on February 3, 2026, he was appointed to the Talent Management and Compensation Committee and the Operations, Safety, and Customer Experience Committee, with both assignments effective April 27, 2026.
Exelon Corporation reported a leadership change in its compliance and risk functions. David Glockner, Executive Vice President, Compliance, Audit and Risk, will depart effective January 1, 2026, and will receive benefits under Exelon’s previously disclosed Senior Management Severance Plan for a termination other than for “cause.”
After his departure, Jeanne Jones, currently Executive Vice President and Chief Financial Officer, will take on responsibility for the audit and risk department and be titled Executive Vice President, Chief Finance Officer, Audit and Risk. Colette Honorable, currently Executive Vice President, Chief Legal Officer and Corporate Secretary, will assume responsibility for the compliance department and be titled Executive Vice President, Chief Legal Officer, Compliance and Corporate Secretary.