BlackRock (NASDAQ: EXC) reports 103.7M shares, a 10.1% stake

Rhea-AI Filing Summary

Exelon Corporation ownership disclosure: BlackRock, Inc. reports beneficial ownership of 103,668,925 shares of Exelon common stock, representing 10.1% as set forth in this amendment dated 06/30/2026. The filing lists 95,799,095 shares as sole voting power and 103,668,925 as sole dispositive power.

Insights

Institutional Ownership Analyst

BlackRock reports a >10% stake in Exelon as of 06/30/2026.

BlackRock, Inc. filed an amendment showing beneficial ownership of 103,668,925 shares, equal to 10.1% of the class. The report discloses sole voting power of 95,799,095 shares and sole dispositive power of 103,668,925.

Ownership is attributed to Reporting Business Units within BlackRock; the filing notes other BlackRock units may hold disaggregated positions. Subsequent filings or company disclosures would clarify any changes in voting arrangements or disposition plans.

Key Figures

Beneficial ownership: 103,668,925 shares Percent of class: 10.1% Sole voting power: 95,799,095 shares +2 more

5 metrics

Beneficial ownership 103,668,925 shares as of <date>06/30/2026</date>

Percent of class 10.1% reported on Schedule 13G/A amendment

Sole voting power 95,799,095 shares voting power reported in Item 4

Sole dispositive power 103,668,925 shares dispositive power reported in Item 4

Signature date 07/08/2026 signature by Spencer Fleming, Managing Director

Key Terms

Schedule 13G/A, Sole Dispositive Power, Beneficially Owned

3 terms

Schedule 13G/A regulatory

"In accordance with SEC Release No. 34-39538 (January 12, 1998), this reflects the securities beneficially owned"

A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.

Sole Dispositive Power financial

"Sole Dispositive Power 103,668,925.00"

Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.

Beneficially Owned financial

"Amount beneficially owned: 103668925"

Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.

FAQ

What stake does BlackRock hold in EXC?

BlackRock reports beneficial ownership of 103,668,925 shares of Exelon (EXC), representing 10.1% of the class as shown in the amendment dated 06/30/2026. Voting and dispositive powers are disclosed in the filing.

Does BlackRock have voting power over its EXC shares?

Yes. The filing lists 95,799,095 shares as sole voting power. It also reports 103,668,925 shares as sole dispositive power, indicating control over sale decisions for those shares.

Is BlackRock filing this as an acquisition or passive holding for EXC?

The schedule is an amendment to a Schedule 13G/A, which typically reports passive holdings. The filing states beneficial ownership by Reporting Business Units of BlackRock, without describing active acquisition intent in the provided excerpt.

When was this ownership position reported for EXC?

The amendment references the reporting date 06/30/2026 and is signed on 07/08/2026. Those dates are shown in the filing excerpt as the relevant time anchors for the disclosed position.

Are other BlackRock units excluded from this EXC ownership total?

Yes. The filing notes beneficial ownership is shown for certain Reporting Business Units and excludes other BlackRock business units whose holdings are disaggregated under SEC Release No. 34-39538, so other units may hold additional shares.

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Available on EDGAR 07/08/2026 - 11:13 AM Accepted by SEC EDGAR 07/08/2026 - 11:12 AM Learn about SEC filing dates

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 16)

EXELON CORPORATION

(Name of Issuer)

Common Stock

(Title of Class of Securities)

30161N101

(CUSIP Number)

06/30/2026

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

schemaVersion:

SCHEDULE 13G

CUSIP Number(s): 30161N101

1

Names of Reporting Persons

BlackRock, Inc.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 95,799,095.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 103,668,925.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

103,668,925.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

10.1 %

12

Type of Reporting Person (See Instructions)

HC

SCHEDULE 13G

Item 1.
(a)	Name of issuer: EXELON CORPORATION
(b)	Address of issuer's principal executive offices: 10 S. DEARBORN STREETPO BOX 805379 CHICAGO IL 60680-5379
Item 2.
(a)	Name of person filing: BlackRock, Inc. In accordance with SEC Release No. 34-39538 (January 12, 1998), this Schedule 13G reflects the securities beneficially owned, or deemed to be beneficially owned, by certain business units (collectively, the "Reporting Business Units") of BlackRock, Inc. and its subsidiaries and affiliates. It does not include securities, if any, beneficially owned by other business units whose beneficial ownership of securities are disaggregated from that of the Reporting Business Units in accordance with such release.
(b)	Address or principal business office or, if none, residence: BlackRock, Inc., 50 Hudson Yards New York, NY 10001
(c)	Citizenship: See Item 4 of Cover Page
(d)	Title of class of securities: Common Stock
(e)	CUSIP No.: 30161N101
Item 4.	Ownership
(a)	Amount beneficially owned: 103668925
(b)	Percent of class: 10.1 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 95799095
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 103668925
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required. Various persons have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of the common stock of EXELON CORPORATION. No one person's interest in the common stock of EXELON CORPORATION is more than five percent of the total outstanding common shares.
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary. See Exhibit 99
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

BlackRock, Inc.

Signature:	Spencer Fleming
Name/Title:	Managing Director
Date:	07/08/2026

Exhibit Information

Exhibit 24: Power of Attorney Exhibit 99: Item 7