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Exelon (EXC) EVP Honorable details RSU vesting, share sale and new award

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

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.

Positive

  • None.

Negative

  • None.

Insights

Routine equity compensation: RSU vesting, new grant, and share disposition.

The filing shows Exelon EVP and CLO Compliance & Corp Sec Colette Honorable converting previously granted 2024 and 2025 RSUs into 3,872 and 4,781 common shares, plus receiving a 2026 RSU award for 12,777 shares under the long-term incentive plan.

She disposed of 3,184 common shares at $43.91, ending with 7,740 shares directly owned. The RSU awards accrue additional units via dividend reinvestment and vest in thirds at January or February Exelon committee meetings, indicating ongoing equity-based compensation rather than a strategic ownership shift.

Insider Honorable Colette D
Role EVP CLO Compliance & Corp Sec
Type Security Shares Price Value
Exercise 2024 Restricted Stock Units 3,872 $0.00 --
Exercise 2025 Restricted Stock Units 4,781 $0.00 --
Grant/Award 2026 Restricted Stock Units 12,777 $0.00 --
Exercise Common Stock 3,872 $0.00 --
Exercise Common Stock 4,781 $0.00 --
Tax Withholding Common Stock 3,184 $43.91 $140K
Holdings After Transaction: 2024 Restricted Stock Units — 3,872 shares (Direct); 2025 Restricted Stock Units — 9,560 shares (Direct); 2026 Restricted Stock Units — 12,777 shares (Direct); Common Stock — 6,143 shares (Direct)
Footnotes (1)
  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. Balance at the time of this vesting includes 277 additional shares acquired through automatic dividend reinvestment during 2025. Balance at the time of this vesting includes 513 additional shares acquired through automatic dividend reinvestment during 2025.
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).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Honorable Colette D

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP CLO Compliance & Corp Sec
3. Date of Earliest Transaction (Month/Day/Year)
02/02/2026
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 02/02/2026 M 3,872 A (1) 6,143 D
Common Stock 02/02/2026 M 4,781 A (1) 10,924 D
Common Stock 02/02/2026 F 3,184 D $43.91 7,740 D
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
2024 Restricted Stock Units(2) (1) 02/02/2026 M 3,872 (1) (1) Common Stock 3,872 (1) 3,872 D
2025 Restricted Stock Units(3) (1) 02/02/2026 M 4,781 (1) (1) Common Stock 4,781 (1) 9,560 D
2026 Restricted Stock Units (1) 02/02/2026 A 12,777 (1) (1) Common Stock 12,777 $0 12,777 D
Explanation of Responses:
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.
2. Balance at the time of this vesting includes 277 additional shares acquired through automatic dividend reinvestment during 2025.
3. Balance at the time of this vesting includes 513 additional shares acquired through automatic dividend reinvestment during 2025.
Remarks:
David T Skinner, attorney-in-fact for Colette Honorable 02/04/2026
** 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 did Exelon (EXC) EVP Colette Honorable report in this Form 4?

Colette Honorable reported RSU-related transactions and a new grant. 2024 and 2025 RSUs converted into 3,872 and 4,781 common shares, 3,184 shares were disposed at $43.91, and a new 2026 RSU award for 12,777 shares was recorded.

How many Exelon common shares does Colette Honorable own after these transactions?

After the reported transactions, Colette Honorable directly owns 7,740 Exelon common shares. This reflects RSU conversions to common stock and the disposition of 3,184 shares at $43.91, as detailed in the non-derivative securities table of the filing.

What RSU vesting activity did Exelon (EXC) disclose for Colette Honorable?

Previously granted 2024 and 2025 restricted stock units vested and were exercised. The 2024 RSUs converted into 3,872 common shares and the 2025 RSUs into 4,781 common shares, all held directly, according to the derivative and non-derivative tables in the Form 4 filing.

What new restricted stock unit award did Colette Honorable receive from Exelon (EXC)?

She received a 2026 restricted stock unit award covering 12,777 shares of Exelon common stock. The award was granted at a $0 exercise price, accrues additional units through dividend reinvestment, and vests in one-third increments at January or February committee meetings.

Why do the RSU balances for Exelon (EXC) include extra shares from 2025?

Footnotes explain that RSU balances at vesting include additional units from automatic dividend reinvestment in 2025. Specifically, 277 extra shares were added to the 2024 RSUs and 513 extra shares to the 2025 RSUs, all vesting on the same schedule as the original awards.

How are Colette Honorable’s RSU awards under Exelon’s long-term incentive plan structured?

The RSU awards vest in one-third increments at January or February meetings of Exelon’s Talent Management and Compensation Committee. Each RSU equals one share upon vesting and accrues additional RSUs quarterly through automatic dividend reinvestment that follow the same vesting schedule.
Exelon

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