Calvin Butler Jr. - 02 Feb 2026 Form 4 Insider Report for EXELON CORP (EXC)

Role: President & CEO, Director
Signature: David T Skinner, attorney-in-fact for Calvin G Butler
Issuer symbol: EXC
Transactions as of: 02 Feb 2026
Net transactions value: -$5,008,419
Form type: 4
Filing time: 04 Feb 2026, 16:22:47 UTC
Previous filing: 06 Feb 2025
Next filing: 05 Feb 2026
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
BUTLER CALVIN JR	President & CEO, Director	10 S DEARBORN STREET, 54TH FLOOR, CHICAGO	David T Skinner, attorney-in-fact for Calvin G Butler	04 Feb 2026	0001601193

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	EXC	Common Stock	Options Exercise		+23,558	+13%		202,052	02 Feb 2026	Direct	F1
transaction	EXC	Common Stock	Options Exercise		+31,986	+16%		234,038	02 Feb 2026	Direct	F1
transaction	EXC	Common Stock	Options Exercise		+30,651	+13%		264,689	02 Feb 2026	Direct	F1
transaction	EXC	Common Stock	Options Exercise		+111,956	+42%		376,645	02 Feb 2026	Direct	F2
transaction	EXC	Common Stock	Tax liability	$3,612,388	-82,268	-22%	$43.91	294,377	02 Feb 2026	Direct
transaction	EXC	Common Stock	Disposed to Issuer	$1,396,031	-31,793	-11%	$43.91	262,584	02 Feb 2026	Direct
holding	EXC	Common Stock 401k						4,499	02 Feb 2026	Direct	F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	EXC	2023 Restricted Stock Units	Options Exercise		-23,558	-100%		0	02 Feb 2026	Common Stock	23,558		Direct	F1, F4
transaction	EXC	2024 Restricted Stock Units	Options Exercise		-31,986	-50%		31,986	02 Feb 2026	Common Stock	31,986		Direct	F1, F5
transaction	EXC	2025 Restricted Stock Units	Options Exercise		-30,651	-33%		61,303	02 Feb 2026	Common Stock	30,651		Direct	F1, F6
transaction	EXC	2026 Restricted Stock Units	Award	$0	+88,306		$0.000000	88,306	02 Feb 2026	Common Stock	88,306		Direct	F1
transaction	EXC	2023-2025 Performance Shares	Award	$0	+111,956		$0.000000	111,956	02 Feb 2026	Common Stock	111,956		Direct	F2
transaction	EXC	2023-2025 Performance Shares	Options Exercise		-111,956	-100%		0	02 Feb 2026	Common Stock	111,956		Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Restricted stock unit (RSU) award granted under the Exelon Long-Term Incentive Plan (LTIP). Award vests in 1/3 increments at the January or February meeting of the Exelon Talent Management and Compensation Committee (TMCC) with each RSU representing the right to receive one share of Exelon common stock upon vesting. The award accrues additional RSUs each quarter through automatic dividend reinvestment, and the additional RSUs vest on the same schedule as the underlying award.
F2	Performance share award granted under the LTIP for the three-year performance period referenced in Column 1 based upon the TMCC's determination of performance achieved for the period. Each performance share represents the right to receive one share or the cash equivalent of one share pursuant to the LTIP's terms with respect to individual stock ownership levels. Performance share awards vest immediately on their grant date.
F3	Balance as of December 31, 2025.
F4	Balance at the time of this vesting includes 843 additional shares acquired through automatic dividend reinvestment during 2025.
F5	Balance at the time of this vesting includes 2,291 additional shares acquired through automatic dividend reinvestment during 2025.
F6	Balance at the time of this vesting includes 3,292 additional shares acquired through automatic dividend reinvestment during 2025.