What the executives and directors of Exelon actually did with their own shares, decoded from three years of SEC Form 4 filings.
The tape: three years of insider trades
Every marker sits at the exact price reported on the Form 4. The line is the monthly median of all prices insiders reported, so the chart needs no market feed; the gray strip is routine flow (vestings, tax withholding, gifts) that headlines love to miscount as selling.
Where the shares went, last 12 months
Every Form 4 movement decomposed: what flowed in (grants, vested equity, purchases) and what flowed out (tax withholding, plan sales, discretionary sales, gifts). Counted in shares, because grants carry no price.
Skin in the game
Directly held shares as reported after each trade, indexed to 100 five years back. Direct holdings only: trust and family-entity positions are per-entity in the filings and do not sum honestly, so this chart refuses to guess. The steps are the trades.
Who holds what
| Insider | Role | Shares held | Buys 12 m | Sales 12 m |
|---|---|---|---|---|
| BUTLER CALVIN JR President & CEO | CEO | 202.1K | — | — |
| Innocenzo Michael EVP & Chief Operating Officer | COO | 78.5K | — | — |
| YOUNG JOHN F Executive VP and CFO | CFO | 76.6K | — | — |
| Anderson Anthony | Director | 59.3K | — | — |
| Glockner David EVP Compliance, Audit & Risk | Officer | 56.7K | — | — |
| Jojo Linda P | Director | 56K | — | — |
| Jones Jeanne M EVP, CFO, Audit & Risk | CFO | 45.8K | — | — |
| Kleczynski Robert A SVP, Controller & Tax | Officer | 42.6K | — | — |
| Littleton Gayle EVP & Chief Legal Officer | Officer | 32.8K | — | — |
| Cheshire Marjorie Rodgers | Director | 25.7K | — | — |
| BOWERS WILLIAM P | Director | 24.5K | — | — |
| Khouzami Carim V CEO of BGE | CEO | 14.8K | — | — |
| Lillie Charisse R | Director | 12.6K | — | — |
| Rogers Matthew C | Director | 12.6K | — | — |
Open-market trade log
| Date | Insider | Type | Shares | Price | Value |
|---|---|---|---|---|---|
| 2025-02-03 | Glockner David (Officer) | Discretionary sale | 6,051 | $40.57 | $245K |
| 2025-02-03 | Honorable Colette D (Officer) | Discretionary sale | 1,463 | $40.57 | $59K |
| 2023-03-17 | Khouzami Carim V (CEO) | Discretionary sale | 6,000 | $41.65 | $250K |
| 2022-05-18 | Anthony John Tyler (CEO) | Discretionary sale | 571 | $47.49 | $27K |
| 2022-05-18 | Anthony John Tyler (CEO) | Discretionary sale | 3,880 | $47.49 | $184K |
| 2022-04-01 | Souza Fabian (Officer) | Discretionary sale | 21.4K | $47.61 | $1M |
| 2022-03-24 | Khouzami Carim V (CEO) | Discretionary sale | 3,962 | $44.35 | $176K |
| 2022-03-22 | BOWERS WILLIAM P (Director) | Open-market buy | 4,500 | $43.56 | $196K |
| 2022-01-31 | BUTLER CALVIN JR (Officer) | Discretionary sale | 11.5K | $57.82 | $662K |
| 2022-01-31 | BUTLER CALVIN JR (Officer) | Discretionary sale | 15.3K | $57.46 | $877K |
| 2021-11-24 | Dominguez Joseph (CEO) | Discretionary sale | 16K | $54.39 | $870K |
| 2021-11-19 | Crane Christopher M. (CEO) | Discretionary sale | 285K | $53.49 | $15.2M |
| 2021-11-19 | Nigro Joseph (Officer) | Discretionary sale | 13K | $53.49 | $695K |
| 2021-05-27 | Innocenzo Michael (CEO) | Discretionary sale | 16K | $44.99 | $720K |
| 2021-03-18 | Khouzami Carim V (CEO) | Discretionary sale | 12.2K | $42.88 | $525K |
| 2020-09-02 | Khouzami Carim V (CEO) | Discretionary sale | 6,800 | $38.00 | $258K |
| 2019-06-28 | BUTLER CALVIN JR (CEO) | Discretionary sale | 31K | $47.59 | $1.5M |
| 2019-06-18 | Cornew Kenneth W. (CEO) | Discretionary sale | 200 | $50.53 | $10K |
| 2019-06-18 | Cornew Kenneth W. (CEO) | Discretionary sale | 54.1K | $49.82 | $2.7M |
| 2019-03-13 | Nigro Joseph (Officer) | Discretionary sale | 53.8K | $49.59 | $2.7M |
| 2019-03-04 | Aliabadi Paymon (Officer) | Discretionary sale | 17.5K | $48.36 | $846K |
| 2019-02-12 | Aliabadi Paymon (Officer) | Discretionary sale | 17.5K | $47.88 | $838K |
| 2018-03-15 | BUTLER CALVIN JR (CEO) | Discretionary sale | 25K | $37.94 | $949K |
| 2017-12-08 | Aliabadi Paymon (Officer) | Discretionary sale | 13.3K | $40.62 | $542K |
| 2017-11-08 | SHATTUCK MAYO A III (Director) | Discretionary sale | 100K | $41.13 | $4.1M |
| 2017-11-02 | SHATTUCK MAYO A III (Director) | Discretionary sale | 519.3K | $40.50 | $21M |
| 2017-11-01 | SHATTUCK MAYO A III (Director) | Discretionary sale | 40.7K | $40.25 | $1.6M |
| 2017-10-31 | SHATTUCK MAYO A III (Director) | Discretionary sale | 118.2K | $40.27 | $4.8M |
| 2017-10-30 | SHATTUCK MAYO A III (Director) | Discretionary sale | 34.6K | $40.25 | $1.4M |
| 2017-10-27 | SHATTUCK MAYO A III (Director) | Discretionary sale | 96.7K | $40.26 | $3.9M |
| 2017-10-26 | SHATTUCK MAYO A III (Director) | Discretionary sale | 91K | $40.27 | $3.7M |
| 2017-10-25 | SHATTUCK MAYO A III (Director) | Discretionary sale | 379.3K | $40.05 | $15.2M |
| 2017-09-25 | Cornew Kenneth W. (CEO) | Discretionary sale | 25K | $37.44 | $936K |
| 2017-09-11 | Aliabadi Paymon (Officer) | Discretionary sale | 13.3K | $38.31 | $511K |
| 2017-07-31 | O'Brien Denis P. (Officer) | Discretionary sale | 10K | $38.50 | $385K |
| 2017-07-31 | O'Brien Denis P. (Officer) | Discretionary sale | 20K | $38.50 | $770K |
| 2017-07-28 | Thayer Jonathan W (CFO) | Discretionary sale | 758 | $38.01 | $29K |
| 2017-07-28 | Thayer Jonathan W (CFO) | Discretionary sale | 12K | $38.01 | $455K |
| 2017-07-27 | Thayer Jonathan W (CFO) | Discretionary sale | 47.2K | $38.00 | $1.8M |
| 2017-07-27 | Thayer Jonathan W (CFO) | Discretionary sale | 155.7K | $38.00 | $5.9M |
| 2017-06-19 | Aliabadi Paymon (Officer) | Discretionary sale | 13.3K | $37.05 | $494K |
| 2017-06-12 | SHATTUCK MAYO A III (Director) | Discretionary sale | 265.9K | $36.56 | $9.7M |
| 2017-06-09 | SHATTUCK MAYO A III (Director) | Discretionary sale | 200K | $36.47 | $7.3M |
| 2017-05-11 | ROGERS JOHN W JR (Director) | Open-market buy | 3,000 | $33.57 | $101K |
| 2017-02-21 | DesParte Duane M (Officer) | Discretionary sale | 5,000 | $35.82 | $179K |
| 2016-12-13 | SHATTUCK MAYO A III (Director) | Discretionary sale | 216.3K | $35.09 | $7.6M |
| 2016-12-12 | SHATTUCK MAYO A III (Director) | Discretionary sale | 226.6K | $34.63 | $7.8M |
| 2016-12-08 | SHATTUCK MAYO A III (Director) | Discretionary sale | 68.5K | $33.89 | $2.3M |
| 2016-09-22 | BUTLER CALVIN JR (CEO) | Discretionary sale | 6,403 | $35.00 | $224K |
| 2016-07-15 | Cornew Kenneth W. (CEO) | Discretionary sale | 30K | $36.47 | $1.1M |
| 2016-05-12 | SHATTUCK MAYO A III (Director) | Discretionary sale | 327K | $35.30 | $11.5M |
| 2016-02-08 | BUTLER CALVIN JR (CEO) | Discretionary sale | 5,000 | $32.42 | $162K |
| 2016-02-05 | DesParte Duane M (Officer) | Discretionary sale | 3,000 | $32.36 | $97K |
| 2015-02-27 | DesParte Duane M (Officer) | Discretionary sale | 3,000 | $33.89 | $102K |
| 2014-02-11 | DesParte Duane M (Officer) | Discretionary sale | 3,000 | $29.39 | $88K |
| 2013-05-08 | DesParte Duane M (Officer) | Discretionary sale | 3,250 | $35.65 | $116K |
| 2013-05-08 | DesParte Duane M (Officer) | Discretionary sale | 5,000 | $35.65 | $178K |
| 2013-05-01 | Thayer Jonathan W (CFO) | Discretionary sale | 5,542 | $37.00 | $205K |
| 2012-11-20 | O'Brien Denis P. (Officer) | Discretionary sale | 30K | $29.06 | $872K |
| 2012-11-14 | DEBENEDICTIS NICHOLAS (Director) | Open-market buy | 2,500 | $29.50 | $74K |
“Since trade” compares with the latest insider-implied price, not a market quote; this site carries no market data by design.
Filing hygiene
How to read this
A Form 4 transaction code decides everything. P is an open-market purchase and S an open-market sale; those two are the only codes where an insider chose to trade. A is a grant, M an option exercise or vesting, F shares withheld to cover tax, G a gift. Most “insiders dumped billions” headlines are code F and M mechanics.
Sales flagged 10b5-1 run on a plan the insider adopted in advance; since 2023 every Form 4 carries that flag. Buys have historically predicted returns, sales mostly have not, and this page states filings, not advice.