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|4Feb 11, 6:13 PM ET

Eggers Daniel L. 4

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Constellation Energy (CEG) CFO Daniel Eggers Exercises Awards, Sells Shares

What Happened
Daniel L. Eggers, EVP & CFO of Constellation Energy Corp. (CEG), had equity awards convert/vest on Feb 9, 2026. The filing shows exercise/conversion and award activity that resulted in the acquisition of shares from vested awards and performance shares. To satisfy tax withholding and other issuer-required payments, 21,348 shares were withheld (reported at $272.15 each, $5,809,858) and 19,326 shares were surrendered to the issuer (reported at $272.15 each, $5,259,571) — a total of 40,674 shares and roughly $11.07 million. Several award-related transactions are reported at $0 (typical for RSU/performance share conversions).

Key Details

  • Transaction date: 2026-02-09; Form 4 filed 2026-02-11 (timely).
  • Withheld/surrendered shares: 21,348 shares withheld for taxes ($272.15 / share; $5,809,858) and 19,326 shares surrendered to issuer ($272.15 / share; $5,259,571).
  • Reported share acquisitions: exercise/conversion and awards totaling reported entries of 44,601 shares (exercise/conversion) plus award entries of 4,972 and 37,931 shares (see footnotes). Some derivative entries show $0 price (RSUs/performance shares).
  • Shares owned after transaction: not specified in this filing.
  • Notable footnotes:
    • F1: Shares from vested LTIP awards.
    • F2: RSUs vest in 1/3 increments over three years and accrue dividend-equivalent RSUs.
    • F3: RSU award added ~62 shares via dividend reinvestment since Feb 10, 2025.
    • F4: Performance share award vested immediately on grant and does not accrue dividends.
  • Timeliness: Filing appears timely (no late-file flag).

Context

  • This was a vesting/exercise and sell-to-cover/tax-withholding event (common when RSUs or performance shares vest or options are exercised). Such sell-to-cover transactions typically cover tax withholding and do not necessarily indicate a broader view on the stock.
  • Where reported price is $0, that reflects conversion of RSUs or performance shares (no cash exercise price).
  • For retail investors: purchases or net acquisitions are generally more informative; this filing mainly documents award vesting and routine withholding/surrenders.