Cheshire Marjorie Rodgers 4

4 · EXELON CORP · Filed Apr 29, 2026

AI-generated summary of this filing

Updated Apr 29, 2026

Exelon (EXC) Director Marjorie Cheshire Receives 3,720 RSU Award

What Happened

Marjorie Rodgers Cheshire, a member of Exelon’s board of directors, received a grant of 3,720 restricted stock units (RSUs) on 2026-04-28. The award is reported as a derivative acquisition at $0.00 (typical for compensation grants) and will be settled in Exelon common stock on a 1-for-1 basis when it vests.

Key Details

Transaction date: 2026-04-28; Form 4 filed 2026-04-29 (timely).
Reported amount: 3,720 RSUs; reported price: $0.00 (award/derivative).
Shares owned after transaction: not specified in the filing.
Footnote F1: RSU award is under Exelon’s Long-Term Incentive Plan, will fully vest and be settled in shares 1:1, and accrues additional stock units through dividend reinvestment that vest with the award.
Footnote F2: Separately notes phantom share equivalents in a non‑qualified deferred compensation plan that are settled in cash upon termination of board service (these are cash-settled, not share grants).

Context

This is an award/grant (not a market purchase or sale) and reflects compensation rather than an open-market investment decision. RSUs convert to common shares upon vesting; phantom share equivalents referenced in the filing are cash-settled and distinct from the RSU grant.

Form 4

Period: 2026-04-28

Director

Transactions

Award
2026 Directors Restricted Stock Units
[F1]
2026-04-28+3,720→ 3,720 total
From: 2027-04-28Exp: 2027-04-28→ Common Stock (3,720 underlying)

Holdings

Deferred phantom share equivalents
[F2]
→ Common Stock (10,013 underlying)
10,013

Footnotes (2)

[F1]Annual restricted stock unit (RSU) award subject to the Exelon Long-term Incentive Plan (LTIP) will fully vest and be settled in shares of Exelon common stock on a 1 for 1 basis. The award will accrue additional stock units through dividend reinvestment which will vest along with the underlying award.
[F2]Phantom share equivalents held in the reporting person's Exelon stock fund account that is part of a multi-fund, non-qualified deferred compensation plan. Phantom share equivalents will be settled for cash on a 1 for 1 basis upon the termination of the reporting person's service to the board of directors.

Signature

David T Skinner, attorney-in-fact for Marjorie Rodgers Cheshire|2026-04-29

4 files