RICHO ANNA 4

What Happened
Anna Richo, a director of Exelon Corporation (EXC), was granted 878 shares on March 31, 2026. The award price reported is $49.82 per share, for a total value of approximately $43,742. This transaction is coded as an award/grant (A), meaning the shares were issued as compensation rather than bought on the open market.

Key Details

• Transaction date: 2026-03-31; Form 4 filed: 2026-04-01 (filed the next day; within standard 2-business-day reporting window).
• Transaction type: A = Award/Grant.
• Price per share: $49.82; total value: $43,742.
• Shares owned after transaction: Not specified in the provided excerpt.
• Footnotes from the filing:
  • F1: Balance includes 87 additional shares acquired through automatic dividend reinvestment.
  • F2: Phantom share equivalents are held in the reporting person's Exelon stock fund account under a multi-fund non‑qualified deferred compensation plan; these are cash-settled 1:1 upon termination of board service.
  • F3: Balance includes 66 additional phantom share equivalents accrued via dividend reinvestment.
• No indication in the provided excerpt of a 10b5-1 plan, tax withholding sale, or a late filing.

Context
Grants to directors are a routine form of compensation and do not necessarily indicate buying or selling sentiment. The filing also references phantom share equivalents in a deferred compensation plan; those are not actual shares of stock and will be settled in cash on a one-for-one basis when the director leaves board service.