Exelon Director William P. Bowers Acquires Deferred Phantom Stock

Transaction Overview

On September 30, 2026, William P. Bowers, a member of the Board of Directors of Exelon Corp ($EXC), acquired 1,067 deferred phantom share equivalents at an implied price of $40.40 per share, totaling approximately $43,107.

Filing Details

• Plan / Structure: The phantom share equivalents are held in the reporting person's Exelon stock fund account under a multi-fund, non-qualified deferred compensation plan for directors.
• Settlement: These phantom units are payable in cash on a 1-for-1 basis following the conclusion of Bowers' board service.
• Post-Transaction Holdings: Following this acquisition, Bowers holds 22,546 deferred phantom share equivalents, which also reflects 212 units accrued via automatic dividend reinvestment.

Market & Governance Impact

This filing represents a routine director compensation award under an established deferred compensation program. Because it reflects scheduled equity-based compensation rather than an open-market discretionary purchase or sale, it carries low trading significance for market participants.