Summary
This section of Exelon Corporation's 2009 10-K filing details security ownership by significant shareholders, directors, and executive officers as of December 31, 2008. Notably, two divisions of Capital Research and Management Company, Capital World Investors and Capital Research Global Investors, are the largest disclosed beneficial owners, collectively holding approximately 11% of Exelon's outstanding common stock. The filing also outlines stock ownership requirements for directors and officers, emphasizing the company's commitment to aligning management's interests with those of shareholders. Executive compensation structures are further detailed through equity compensation plans, with a substantial number of securities available for future issuance, indicating a continued reliance on stock-based incentives. The ownership data for both Exelon and its subsidiary, ComEd, reveals significant holdings by key executives, with many exceeding their mandated ownership guidelines, suggesting strong alignment with shareholder value.
Financial Highlights
50 data points| Revenue | $18.86B |
| Operating Expenses | $13.56B |
| Operating Income | $5.30B |
| Interest Expense | $699.00M |
| Net Income | $2.74B |
| EPS (Basic) | $4.16 |
| EPS (Diluted) | $4.13 |
| Shares Outstanding (Basic) | 658.00M |
| Shares Outstanding (Diluted) | 662.00M |
Key Highlights
- 1Capital World Investors and Capital Research Global Investors are the largest external shareholders, collectively owning approximately 11% of Exelon's common stock.
- 2Top executives, including John W. Rowe (CEO) and Ian P. McLean, hold substantial beneficial ownership, significantly exceeding their mandated stock ownership guidelines.
- 3Exelon has a robust equity compensation plan with over 23 million shares available for future issuance, underscoring a commitment to long-term incentive alignment.
- 4Directors are required to own at least 5,000 shares of Exelon common stock within five years of election.
- 5Executive officers have stock ownership requirements based on their salary multiples (1x to 5x base salary) and a five-year timeframe to achieve targets.
- 6Exelon indirectly owns over 99% of ComEd, with ComEd's directors and officers holding Exelon common stock, not ComEd stock.
- 7The filing details ownership for both Exelon and ComEd, providing transparency into the holdings of key personnel across the organization.