Jones Jeanne M 4

What Happened
Jeanne M. Jones, Executive Vice President and Chief Financial Officer (Audit & Risk) of Exelon (EXC), had multiple long‑term incentive awards vest and/or be converted into common shares on 2026-02-02. Several derivative conversions/exercises and award grants resulted in shares being issued; 16,051 shares were surrendered/withheld to cover taxes/exercise liabilities ($43.91/share, $704,799) and 7,154 shares were transferred to the issuer at $43.91/share for $314,132. The combined value of shares surrendered/transferred was about $1,018,931. Remaining vested shares from the awards were retained by Ms. Jones.

Key Details

• Transaction date: 2026-02-02; SEC filing date: 2026-02-04 (period of report 2026-02-02).
• Action types reported: M = exercise/conversion of derivative; A = grant/award/acquisition; F = payment of exercise price/tax withholding; D = disposition to issuer.
• Shares surrendered/withheld for taxes (F): 16,051 shares at $43.91 = $704,799.
• Shares transferred to issuer (D): 7,154 shares at $43.91 = $314,132.
• Several derivative conversion entries (M) and award grants (A) also reported (see filing) that resulted in newly issued shares; some entries show automatic dividend reinvestment added extra RSUs (footnotes).
• Footnotes: F1 = RSU award under LTIP (vests in thirds; accrues dividend reinvestment); F2 = performance share award under LTIP (three‑year performance period; vests on grant); F3–F5 note additional shares from dividend reinvestment during 2025.
• Filing does not list a total post-transaction beneficial ownership in the summary data provided here.

Context

• This activity reflects vested awards being converted/issued and routine withholding to satisfy tax and exercise obligations (a cashless/settlement-like outcome), not open‑market selling. Such withholding/issuer transfer is standard when restricted shares or performance awards vest and does not by itself indicate buying or selling sentiment.
• The report shows award vesting and derivative conversions (M/A) with F and D used to settle taxes/obligations. No 10b5-1 plan or late filing indication is specified in the provided data.