Honorable Colette D 4

What Happened

• Colette D. Honorable, EVP, CLO Compliance & Corporate Secretary at Exelon (EXC), exercised/converted derivative awards on Feb 2, 2026 and received a grant of 12,777 restricted stock units (RSUs). As part of the transactions, 3,184 shares were disposed (sold/withheld) to satisfy tax withholding at $43.91 per share for a total of $139,809.
• Derivative exercise entries in the filing show exercises/conversions of 3,872 and 4,781 share units (transaction code M). The RSU award (transaction code A) reflects 12,777 shares granted/vested. The tax withholding/disposition is recorded under code F.

Key Details

• Transaction date: 2026-02-02; Form 4 filed 2026-02-04 (timely filing within the usual two-business-day window).
• Tax withholding: 3,184 shares disposed at $43.91 each = $139,809 (code F).
• Derivative exercises: 3,872 and 4,781 share units (code M); RSU award of 12,777 shares (code A).
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnotes: (F1) RSU award granted under the Exelon Long Term Incentive Plan (LTIP); vests in 1/3 increments at January/February TMCC meetings and each RSU converts to one share on vesting. (F2/F3) The balances at vesting included 277 and 513 additional shares, respectively, from automatic dividend reinvestment during 2025.
• No 10b5‑1 plan, gift, or late‑filing indication was noted in the provided excerpt.

Context

• RSUs are a form of equity compensation that convert to shares upon vesting; they are an acquisition (not an open‑market purchase) and often reflect routine compensation rather than a market signal.
• The disposed 3,184 shares appear to be a tax‑withholding/net‑settlement action common when RSUs vest or when options are exercised; this is a routine disposition to satisfy tax obligations rather than an outright market sale for investment purposes.