LAWLESS ROBERT J 4
4 · Constellation Energy Corp · Filed Apr 30, 2026
Research Summary
AI-generated summary of this filing
Constellation Energy Director Robert Lawless Receives 556-Share Award
What Happened
Robert J. Lawless, a director of Constellation Energy Corporation (CEG), received an award/acquisition of 556 shares on April 28, 2026. The shares were valued at $305.71 each for a total transaction value of $169,975. This filing reports an equity award (code A), an acquisition rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-04-28; Price per share: $305.71; Total value: $169,975.
- Transaction type: Award/Grant (code A) — acquisition of 556 shares.
- Post-transaction balances: the filing’s footnotes note existing balances include approximately 262 shares from dividend reinvestment and additional deferred/phantom units (see below); the filing does not state a single aggregated total owned after this grant.
- Footnotes of note:
- F1: ~262 shares acquired through quarterly automatic dividend reinvestment.
- F2: Phantom deferred stock units from a legacy non-employee directors’ deferred compensation plan will be settled in cash on a 1-for-1 basis using year‑end stock price at termination; balance reflects ~85 additional units from dividend reinvestment.
- F3: Phantom share equivalents in a non-qualified deferred compensation stock fund will be settled in cash 1-for-1 upon termination; balance reflects ~70 share equivalents from dividend reinvestment.
- Filing timing: Report filed 2026-04-30 for the 2026-04-28 transaction (filed within the typical two-business-day Form 4 window).
Context
This is an equity award to a non-employee director, a routine form of director compensation. Some holdings referenced in the footnotes are phantom or deferred units that will be settled in cash upon the director’s termination, so not all reported balances represent immediately tradable shares. The reported award itself increases the director’s economic exposure to CEG but does not alone indicate management intent to buy or sell additional shares.
Insider Transaction Report
- Award
Common Stock (Deferred Stock Units)
[F1]2026-04-28$305.71/sh+556$169,975→ 51,340 total
- 1,091
Common Stock
- 56,111
Phantom Deferred Stock Units
[F2]→ Common Stock (56,111 underlying) - 54,398
Deferred Compensation - Phantom Share Equivalents
[F3]→ Common Stock (54,398 underlying)
Footnotes (3)
- [F1]Balance includes approximately 262 shares acquired through quarterly automatic dividend reinvestments.
- [F2]Phantom deferred stock units converted from the legacy Constellation Energy Group Inc. Deferred Compensation Plan for Non-employee Directors (the "Plan") that will be settled in cash on a 1-for-1 basis using the year-end price of Constellation Energy Corporation common stock in the year of termination of the reporting person's service. Balance updated to reflect approximately 85 additional stock units credited through the quarterly automatic dividend reinvestment feature of the Plan.
- [F3]Phantom share equivalents acquired in the reporting person's Constellation Energy Corporation stock fund account that is part of a multi-fund, non-qualified deferred compensation plan and will be settled in cash on a 1-for-1 basis upon termination of the reporting person's service. The balance of phantom share equivalents may fluctuate due to periodic changes in the fund composition. Balance also reflects approximately 70 share equivalents accrued through quarterly automatic dividend reinvestments.