Constellation Energy (CEG) EVP adds stock through awards and tax share disposals
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Constellation Energy Corp executive Michael Koehler reported several equity award transactions and related share movements. On February 9, 2026, he received 1,941 restricted stock units (RSUs) and a 2023–2025 performance share award of 21,274 units under the company’s long-term incentive plan, then immediately converted the performance shares and other RSUs into a total of 24,650 shares of common stock. Some of these shares were delivered back to the issuer or withheld to cover taxes.
On March 1, 2026, Koehler received an additional 6,063 RSUs that cliff vest on March 1, 2029, and previously granted RSUs vested and were converted into 19,405 shares of common stock. Shares were again withheld for tax liabilities. After these transactions, he directly owned 53,289 shares of Constellation Energy common stock, along with multiple RSU awards that settle in stock over time and accrue dividend equivalents as described.
Positive
- None.
Negative
- None.
Insider Trade Summary
44,055 shares exercised/converted
Mixed
11 txns
Insider
Koehler Michael
Role
EVP & Chief Admin Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 6,063 | $0.00 | -- |
| Exercise | Restricted Stock Units | 19,405 | $0.00 | -- |
| Exercise | Common Stock | 19,405 | $0.00 | -- |
| Tax Withholding | Common Stock | 7,660 | $329.88 | $2.53M |
| Exercise | Restricted Stock Units | 3,376 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 1,941 | $0.00 | -- |
| Grant/Award | 2023-2025 Performance Shares | 21,274 | $0.00 | -- |
| Exercise | 2023-2025 Performance Shares | 21,274 | $0.00 | -- |
| Exercise | Common Stock | 24,650 | $0.00 | -- |
| Tax Withholding | Common Stock | 9,202 | $272.15 | $2.50M |
| Disposition | Common Stock | 12,920 | $272.15 | $3.52M |
Holdings After Transaction:
Restricted Stock Units — 6,063 shares (Direct);
Common Stock — 60,949 shares (Direct);
2023-2025 Performance Shares — 21,274 shares (Direct)
Footnotes (1)
- Shares of Common Stock acquired from vested equity awards granted under the Issuer's Long-term Incentive Plan ("LTIP"). Restricted stock units ("RSUs") vest in 1/3 increments on the dates of the Compensation Committee's first-quarter meetings held in the first, second, and third years after the grant date. Each RSU represents the right to receive one share of Common Stock upon vesting, and does not expire. These RSUs accrue quarterly dividend equivalents in the form of additional RSUs representing common stock dividends as approved by the Issuer's board of directors, which vest on the same schedule as the underlying RSU award. The RSU award acquired approximately 30 additional shares through automatic dividend reinvestment since February 10, 2025. Performance share award granted under the LTIP for the three-year performance period referenced in Column 1 based upon the Compensation Committee's determination of performance achieved for the period. Each performance share represents the right to receive one share of Common Stock upon vesting. These performance shares do not accrue quarterly dividends. Performance share award vests immediately on the grant date. RSUs cliff vest on March 1, 2029. Each RSU represents the right to receive one share of Common Stock upon vesting, and does not expire. These RSUs accrue quarterly dividend equivalents in the form of additional RSUs representing common stock dividends as approved by the Issuer's board of directors, which vest on the same schedule as the underlying RSU award. RSUs cliff vested on March 1, 2026. Each RSU represents the right to receive one share of Common Stock upon vesting, and does not expire. These RSUs accrue quarterly dividend equivalents in the form of additional RSUs representing common stock dividends as approved by the Issuer's board of directors, which vest on the same schedule as the underlying RSU award. The RSU award acquired approximately 572 additional shares through automatic dividend reinvestment.
FAQ
What did Constellation Energy (CEG) executive Michael Koehler report in this Form 4?
Michael Koehler reported equity awards, conversions, and related share dispositions. He received RSUs and performance shares, converted them into common stock, and had shares withheld or returned to the issuer, primarily to satisfy tax obligations tied to these long-term incentive awards.
What new restricted stock units did Michael Koehler receive from Constellation Energy (CEG)?
Koehler received 1,941 restricted stock units on February 9, 2026 and 6,063 restricted stock units on March 1, 2026. These RSUs were granted under Constellation Energy’s long-term incentive plan and each unit represents the right to receive one share of common stock upon vesting.
What are the terms of Michael Koehler’s 6,063 Constellation Energy (CEG) RSUs granted in March 2026?
The 6,063 RSUs granted on March 1, 2026 cliff vest on March 1, 2029. Each RSU converts into one share of common stock at vesting and accrues quarterly dividend equivalents as additional RSUs that follow the same vesting schedule as the underlying award.