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EXCExelon · Insider ownership research

Exelon insiders: what they own and what they did with it

None of it through sales. No officer or director reported an open-market sale in this period.

Updated Oct 9, 2026 from SEC filings · covers Oct 10, 2025 to Oct 9, 2026
0
buyers among officers and directors, past 12 months
0 of 16
officers and directors sold shares, past 12 months
Recent activity · past 30 days, Sep 10, 2026 to Oct 9, 2026

No officer or director trades were reported for the past 30 days. The most recent before that:

Feb 2, 20265 executives had 115K shares ($5.0M) withheld by the company for taxes (not a market sale). That is between 7.1% and 29% of each person's total stake held that day. 290K shares came in from vesting or option exercises the same day, so their combined holdings rose by 124K net.
WhoSharesPrice% of total stakeTotal stake afterTrade dateFiled
Calvin Butler Jr.
President & CEO, Director
82,268$43.9122%267KFeb 2, 2026Feb 4, 2026
Jeanne Jones
EVP, CFO, Audit & Risk
16,051$43.9119%61KFeb 2, 2026Feb 4, 2026
Michael Innocenzo
EVP & Chief Operating Officer
9,547$43.919.0%89KFeb 2, 2026Feb 4, 2026
Robert Kleczynski
SVP, Controller & Tax
3,768$43.917.1%45KFeb 2, 2026Feb 4, 2026
Colette Honorable
EVP CLO Compliance & Corp Sec
3,184$43.9129%7.7KFeb 2, 2026Feb 4, 2026

"% of total stake" is the shares in this event against all the vested shares the person held that day, across every share class and holding entity, after that day's vesting. "n/a" means the person's holdings don't reconcile, or the row is a purchase. "Holdings record incomplete" means more shares were sold than the filings show the person held that day, so a percentage would be wrong.

Is this normal? Less than usual: no sales, against a 5-year average of 82K shares a year. 0 insiders sold; the average is 2 a year. Year by year
Latest filing: Filed Feb 4 for a tax withholding on Feb 2. Calvin Butler Jr. had 82K shares withheld by the company for taxes. Filing
40 SEC ownership filings in the period · See the evidence

What stands out

Tax withholding outweighed market sales: the company withheld $5.0M of officers' and directors' shares for taxes, against $0 sold on the open market. The largest was Calvin Butler Jr. ($3.6M withheld).Largest withholding, Feb 2, 2026

Percentages cover 10 of 16 officers and directors. 6 are left out

i
Left out: Linda Jojo, Marjorie Cheshire, Matthew Rogers, Anna Richo, Bryan Segedi and David Dewalt (held no vested shares at the start).
Disclosed company stock is not an insider's whole wealth.

Common questions

Is the Exelon CEO selling stock?

No. Calvin Butler Jr. reported no open-market sales in the past 12 months.

Are any Exelon insiders buying?

No. Officers and directors reported no purchases in the past 12 months.

The evidence

The full ownership picture16 of 16 insiders fully reconciled · 10 officers and directors

Vested shares across all share classes, held directly and through trusts, LLCs and family members, as reported on SEC Forms 3, 4 and 5. Unvested awards and options are never counted as owned shares.

InsiderHeld Oct 9, 2025SoldHeld Oct 9, 2026Still held
Calvin Butler Jr.
i
Minor difference of 336 shares. Difference is under 0.5% of holdings. Additional holdings last reported more than 3 years ago are shown separately and excluded from totals.
President & CEO, Director
183K0267Kno sales
Vesting, gifts, unvested awards and holding lines for Calvin Butler Jr.
+198Kshares vested or exercised
0gifted (net of own trusts)
−82Kwithheld by the company for taxes
460K → 641Kunvested awards, start → end
  • Additional holdings last reported more than 3 years ago are shown separately and excluded from totals.
Held throughShare classOct 9, 2025Oct 9, 2026
DirectCommon Stock178,494262,584
DirectCommon Stock 401k4,1634,499

Additional holdings last reported Jan 23, 2023, not confirmed since: 10,546 shares. Not included in any total or percentage on this page.

Reconciliation: minor difference of 336 shares. Difference is under 0.5% of holdings.

Michael Innocenzo
i
Minor difference of 195 shares. Difference is under 0.5% of holdings. Additional holdings last reported more than 3 years ago are shown separately and excluded from totals.
EVP & Chief Operating Officer
79K090Kno sales
Vesting, gifts, unvested awards and holding lines for Michael Innocenzo
+27Kshares vested or exercised
0gifted (net of own trusts)
−9.5Kwithheld by the company for taxes
92K → 136Kunvested awards, start → end
  • Additional holdings last reported more than 3 years ago are shown separately and excluded from totals.
Held throughShare classOct 9, 2025Oct 9, 2026
DirectCommon Stock76,07986,802
DirectCommon Stock ESPP2,6402,835

Additional holdings last reported Jan 23, 2023, not confirmed since: 2,279 shares. Not included in any total or percentage on this page.

Reconciliation: minor difference of 195 shares. Difference is under 0.5% of holdings.

David Glockner
EVP Compliance, Audit & Risk
57K057Kno sales
Vesting, gifts, unvested awards and holding lines for David Glockner
0shares vested or exercised
0gifted (net of own trusts)
50K → 50Kunvested awards, start → end
Held throughShare classOct 9, 2025Oct 9, 2026
DirectCommon Stock56,70256,702
Robert Kleczynski
SVP, Controller & Tax
41K045Kno sales
Vesting, gifts, unvested awards and holding lines for Robert Kleczynski
+12Kshares vested or exercised
0gifted (net of own trusts)
−3.8Kwithheld by the company for taxes
47K → 61Kunvested awards, start → end
Held throughShare classOct 9, 2025Oct 9, 2026
DirectCommon Stock41,12544,681
Jeanne Jones
EVP, CFO, Audit & Risk
41K061Kno sales
Vesting, gifts, unvested awards and holding lines for Jeanne Jones
+43Kshares vested or exercised
0gifted (net of own trusts)
−16Kwithheld by the company for taxes
67K → 106Kunvested awards, start → end
Held throughShare classOct 9, 2025Oct 9, 2026
DirectCommon Stock40,59360,802
Charisse Lillie
Director
7.2K07.2Kno sales
Vesting, gifts, unvested awards and holding lines for Charisse Lillie
0shares vested or exercised
0gifted (net of own trusts)
84K → 127Kunvested awards, start → end
Held throughShare classOct 9, 2025Oct 9, 2026
DirectCommon Stock7,2467,246
William Bowers
Director
4.5K04.5Kno sales
Vesting, gifts, unvested awards and holding lines for William Bowers
0shares vested or exercised
0gifted (net of own trusts)
200K → 326Kunvested awards, start → end
Held throughShare classOct 9, 2025Oct 9, 2026
DirectCommon Stock4,5004,500
Caroline Fulginiti
i
Started reporting during the period; starting holdings are from the Form 3.
VP & Corporate Controller
2.4K02.4Kno sales
Vesting, gifts, unvested awards and holding lines for Caroline Fulginiti
0shares vested or exercised
0gifted (net of own trusts)
none reportedunvested awards, start → end
  • Started reporting during the period; starting holdings are from the Form 3.
Held throughShare classOct 9, 2025Oct 9, 2026
DirectCommon Stock2,4392,439
Colette Honorable
EVP CLO Compliance & Corp Sec
2.3K07.7Kno sales
Vesting, gifts, unvested awards and holding lines for Colette Honorable
+8.7Kshares vested or exercised
0gifted (net of own trusts)
−3.2Kwithheld by the company for taxes
32K → 58Kunvested awards, start → end
Held throughShare classOct 9, 2025Oct 9, 2026
DirectCommon Stock2,2717,740
Timothy Peterson
i
Started reporting during the period; starting holdings are from the Form 3.
EVP Chf Cust & Tech Officer
1990199no sales
Vesting, gifts, unvested awards and holding lines for Timothy Peterson
0shares vested or exercised
0gifted (net of own trusts)
0 → 11Kunvested awards, start → end
  • Started reporting during the period; starting holdings are from the Form 3.
Held throughShare classOct 9, 2025Oct 9, 2026
DirectCommon Stock199199

16 of 16 insiders fully reconciled: starting holdings plus reported transactions match ending holdings (14 exactly, 2 with a minor or footnoted difference). Percentages cover 10 of 16 officers and directors. Left out: Linda Jojo, Marjorie Cheshire, Matthew Rogers, Anna Richo, Bryan Segedi and David Dewalt (held no vested shares at the start). "Still held" compares ending with starting vested shares; a plus sign means the holding grew.

Is this normal? Selling year by year5 earlier years to compare with

Less than usual: no sales, against a 5-year average of 82K shares a year. 0 insiders sold; the average is 2 a year.

12 months endingShares soldInsiders who soldProceeds
Oct 9, 2026
Latest 12 months
00$0
Oct 9, 2025
1 year earlier
7.5K2$305K
Oct 9, 2024
2 years earlier
00$0
Oct 10, 2023
3 years earlier
6K1$250K
Oct 10, 2022
4 years earlier
371K7$19.8M
Oct 10, 2021
5 years earlier
28K2$1.2M

Open-market sales (Form 4 code S) by people who were officers or directors, in split-adjusted shares. Earlier years include people who have since left. A sale that an outside holder also reports (a family trust, a fund) is counted with outside holders in every year. Shares, not dollars, are compared, so a change in the stock price doesn't look like a change in selling. Years the filings don't fully cover are shown but left out of the average.

Known gaps and uncertaintyEvery officer and director reconciles

Every officer and director reconciles for this period.

Calvin Butler Jr.: minor difference of 336 shares. Difference is under 0.5% of holdings.

Michael Innocenzo: minor difference of 195 shares. Difference is under 0.5% of holdings.

Inferred rename: "Shares held by Spouse" is treated as the same holder as "Spouse", because the old name was never reported again and the new one opened with the same balance (3,500 shares). Old name, new name

Inferred rename: "family trusts" is treated as the same holder as "trust for benefit of son", because the old name was never reported again and the new one opened with the same balance (0 shares). Old name, new name

Inferred rename: "Exelon Employee Savings Plan (401k plan)" is treated as the same holder as "401k Plan", because the old name was never reported again and the new one opened with the same balance (0 shares). Old name, new name

Inferred typo: the share class "Common Stock - Restricted Stock Shares" is treated as the same class as "Common Stock- Restricted Stock Shares" on 1 holding line, because the two spellings are nearly identical and each balance carried over exactly. Example (Mayo Shattuck III, 69,224 shares): old title, new title

External context: we only cite outside events when a documented connection exists. None is shown for this period.

Sources and methodology4,193 filings from SEC EDGAR, and how we read them

All 4,193 Forms 3, 4 and 5 filed for Exelon (SEC CIK 1109357) from Nov 14, 2002 to Oct 6, 2026, retrieved from SEC EDGAR on Oct 9, 2026. Prices are the ones reported in each filing, often weighted averages. 166 older filings exist only on paper and could not be read.

Probable 2-for-1 stock split on or before May 5, 2004 (split date stated in a footnote). Splits aren't reported as transactions; 9 holding lines changed by exactly this ratio, so earlier share counts are restated.

Holdings. Each holding line (a share class plus an owner, such as a trust or LLC) carries its last reported balance forward. Entities first reported during the period start at zero, so transfers between an insider's own trusts don't count as selling. Lines not reported for three years or more are listed separately and left out of totals.

Sales. A sale counts as under a 10b5-1 plan if its footnote cites one or the filing's Rule 10b5-1 box is checked, and as tax-related if its footnote cites tax obligations or sell-to-cover. Shares withheld by the company for taxes are listed separately. Sales with neither attribute are labeled "no plan disclosed".

Full methodology

Former or inactive filers (75)No filing in 18 months; last reported balances, not in any total
NameLast filedLast reported balance
John YoungApr 2, 2025No balance on record
Carim KhouzamiApr 26, 202450,521 shares, last reported balance as of Apr 1, 2024
Gil QuinionesApr 26, 20246,466 shares, last reported balance as of Apr 1, 2024
John AnthonyApr 26, 202418,638 shares, last reported balance as of Apr 1, 2024
Anthony AndersonApr 2, 2024No balance on record
Gayle LittletonJan 31, 202444,225 shares, last reported balance as of Jan 29, 2024
Paul JoskowApr 3, 20232,000 shares, last reported balance as of Mar 31, 2023
Ann BerzinApr 3, 2023No balance on record
Carlos GutierrezApr 3, 20235,339 shares, last reported balance as of Mar 31, 2023
Joseph Trpik Jr.Jan 25, 202338,260 shares, last reported balance as of Jan 23, 2023
Fabian SouzaApr 5, 20222,337 shares, last reported balance as of Apr 1, 2022
Mayo Shattuck IIIApr 4, 2022288,091 shares, last reported balance as of Mar 31, 2022
Christopher CraneFeb 10, 2022522,252 shares, last reported balance as of Feb 8, 2022
Joseph NigroFeb 10, 2022111,338 shares, last reported balance as of Jan 28, 2022
Joseph DominguezFeb 1, 202233,774 shares, last reported balance as of Jan 28, 2022
Bryan HansonFeb 1, 202252,496 shares, last reported balance as of Jan 28, 2022
James McHughFeb 1, 202234,680 shares, last reported balance as of Jan 28, 2022
Yves De BalmannJan 3, 20222,519 shares, last reported balance as of Dec 31, 2021
Robert LawlessJan 3, 20223,273 shares, last reported balance as of Dec 31, 2021
Laurie BrlasJan 3, 2022No balance on record
John RichardsonJan 3, 2022No balance on record
Nicholas DebenedictisApr 2, 202110,000 shares, last reported balance as of Mar 31, 2021
William Von Hoene Jr.Jan 26, 2021215,417 shares, last reported balance as of Jan 25, 2021
Kenneth CornewJan 26, 2021107,419 shares, last reported balance as of Jan 25, 2021
David VelazquezJan 26, 202146,624 shares, last reported balance as of Jan 25, 2021
Stephen SteinourApr 1, 20205,246 shares, last reported balance as of Mar 31, 2020
Richard MiesApr 1, 2020No balance on record
Paymon AliabadiJan 29, 202072,229 shares, last reported balance as of Jan 27, 2020
John Rogers Jr.Jul 1, 201919,733 shares, last reported balance as of Jun 30, 2019
Anne PramaggioreFeb 6, 201987,518 shares, last reported balance as of Feb 4, 2019
Denis O'BrienJun 1, 201890,418 shares, last reported balance as of Jan 29, 2018
Jonathan ThayerMay 9, 201885,940 shares, last reported balance as of Jan 29, 2018
Nancy GioiaApr 2, 2018No balance on record
Duane DesParteJan 31, 201815,696 shares, last reported balance as of Jan 29, 2018
Craig AdamsJan 31, 201864,274 shares, last reported balance as of Jan 29, 2018
John Canning Jr.Apr 1, 20165,000 shares, last reported balance as of Mar 31, 2016
William RichardsonJan 4, 20161,786 shares, last reported balance as of Dec 31, 2015
Nelson DiazApr 1, 20151,500 shares, last reported balance as of Mar 31, 2015
Sue GinOct 1, 201458,023 shares, last reported balance as of Sep 30, 2014
Kenneth DeFontes Jr.Feb 25, 201451,416 shares, last reported balance as of Feb 24, 2014
Ruth GillisJan 29, 201441,417 shares, last reported balance as of Jan 27, 2014
Thomas RidgeJan 2, 20143,305 shares, last reported balance as of Mar 31, 2008
Donald ThompsonJul 1, 2013994 shares, last reported balance as of Mar 31, 2008
Joseph GlaceJan 30, 20137,151 shares, last reported balance as of Jan 28, 2013
Walter DalessioJan 2, 201314,481 shares, last reported balance as of Dec 31, 2012
Rosemarie GrecoJan 2, 20132,000 shares, last reported balance as of Dec 31, 2012
Charles PardeeNov 15, 201224,091 shares, last reported balance as of Mar 12, 2012
John PalmsApr 3, 2012No balance on record
Matthew HilzingerMar 14, 201223,693 shares, last reported balance as of Jan 23, 2012
John RoweMar 14, 2012372,692 shares, last reported balance as of Jan 23, 2012
Darryl BradfordMar 14, 201212,810 shares, last reported balance as of Jan 23, 2012
Frank ClarkMar 1, 201224,935 shares, last reported balance as of Dec 31, 2011
Bruce DemarsJan 27, 201111,216 shares, last reported balance as of Dec 31, 2010
Ian McLeanJul 15, 201050,033 shares, last reported balance as of May 5, 2010
Elizabeth MolerJul 6, 201049,519 shares, last reported balance as of Jan 25, 2010
Andrea ZoppJun 8, 201014,725 shares, last reported balance as of Jan 25, 2010
Randall MehrbergJan 30, 2008No balance on record
Edward BrennanJan 2, 20088,684 shares, last reported balance as of Dec 31, 2007
John SkoldsSep 17, 200752,448 shares, last reported balance as of Aug 21, 2007
Gary SnodgrassAug 20, 200730,923 shares, last reported balance as of Aug 1, 2007
Edgar JannottaJul 2, 200726,282 shares, last reported balance as of Jun 30, 2007
Ronald RubinJul 2, 200715,663 shares, last reported balance as of Jun 30, 2007
Richard ThomasJul 2, 200731,628 shares, last reported balance as of Jun 30, 2007
Barry MitchellNov 28, 200528,359 shares, last reported balance as of Nov 22, 2005
Pamela StrobelOct 4, 20055,280 shares, last reported balance as of Sep 30, 2005
Robert ShapardMar 2, 2005No balance on record
Fred Dibona Jr.Feb 14, 20051,600 shares, last reported balance as of Dec 31, 2004
Oliver Kingsley Jr.Nov 9, 2004172,765 shares, last reported balance as of Nov 5, 2004
Michael BemisFeb 13, 200433,498 shares, last reported balance as of Feb 2, 2004
Carlos CantuOct 2, 20036,398 shares, last reported balance as of Sep 30, 2003
Richard GlantonOct 1, 2003100 shares, last reported balance as of Oct 1, 2003
David WoodsSep 30, 200325,596 shares, last reported balance as of Sep 26, 2003
Kenneth LawrenceSep 30, 2003122,360 shares, last reported balance as of Sep 26, 2003
Charles LewisSep 30, 200313,960 shares, last reported balance as of Sep 26, 2003
George GilmoreSep 23, 20034,000 shares, last reported balance as of Sep 19, 2003

Spotted something wrong on this page? Report an error. We check every report against the SEC filing and list what we fix in the corrections log.