David Dardis - 10 Feb 2025 Form 4 Insider Report for Constellation Energy Corp (CEG)

Role: EVP & General Counsel
Signature: /s/ Brian Buck, Attorney-in-Fact for David Dardis
Issuer symbol: CEG
Transactions as of: 10 Feb 2025
Transactions value $: -$10,810,270
Form type: 4
Filing time: 12 Feb 2025, 16:31:02 UTC
Previous filing: 07 Feb 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CEG	Common Stock	Options Exercise		+37,362	+177%		58,509	10 Feb 2025	Direct	F1
transaction	CEG	Common Stock	Tax liability	-$5,662,277	-17,594	-30%	$321.83	40,915	10 Feb 2025	Direct
transaction	CEG	Common Stock	Disposed to Issuer	-$5,147,992	-15,996	-39%	$321.83	24,919	10 Feb 2025	Direct

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	CEG	Restricted Stock Units	Options Exercise	$0	-6,422	-54%	$0	5,468	10 Feb 2025	Common Stock	6,422		Direct	F2, F3
transaction	CEG	Restricted Stock Units	Award	$0	+2,359	+43%	$0	7,827	10 Feb 2025	Common Stock	2,359		Direct	F2
transaction	CEG	2022-2024 Performance Shares	Award	$0	+30,940		$0	30,940	10 Feb 2025	Common Stock	30,940		Direct	F4
transaction	CEG	2022-2024 Performance Shares	Options Exercise	$0	-30,940	-100%	$0	0	10 Feb 2025	Common Stock	30,940		Direct	F4
transaction	CEG	Restricted Stock Units	Award	$0	+6,215		$0	6,215	10 Feb 2025	Common Stock	6,215		Direct	F5

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

Explanation of Responses:

Id	Content
F1	Common shares acquired from vested equity awards granted under the Issuer's Long-term Incentive Plan ("LTIP").
F2	Restricted stock units ("RSUs") vest in 1/3 increments on the dates of the Compensation Committee's first-quarter meetings held in the first, second, and third years after the grant date. Each RSU represents the right to receive one share of Common Stock upon vesting, and does not expire. These RSUs accrue quarterly dividend equivalents in the form of additional RSUs representing common stock dividends as approved by the Issuer's board of directors, which vest on the same schedule as the underlying RSU award.
F3	The RSU award acquired approximately 84 additional shares through automatic dividend reinvestment, including approximately 122 shares that vested on February 10, 2025.
F4	Performance share award granted under the LTIP for the three-year performance period referenced in Column 1 based upon the Compensation Committee's determination of performance achieved for the period. Each performance share represents the right to receive one share of Common Stock upon vesting. These performance shares do not accrue quarterly dividends. Performance share award vests immediately on the grant date.
F5	RSUs cliff vest on February 10, 2029. Each RSU represents the right to receive one share of Common Stock upon vesting, and does not expire. These RSUs accrue quarterly dividend equivalents in the form of additional RSUs representing common stock dividends as approved by the Issuer's board of directors, which vest on the same schedule as the underlying RSU award.