Summary
Exelon Corporation (EXC) has announced a temporary suspension of trading for participants in its Employee Savings Plan (ESP) due to a vendor change. This "blackout period" is scheduled to commence on December 3, 2025, and is expected to conclude around December 22, 2025. During this time, participants will be unable to make changes to contributions, investments, loans, or withdrawals within their ESP accounts. Furthermore, in compliance with Sarbanes-Oxley Act regulations, Exelon has also notified its directors and executive officers of a trading prohibition on Exelon common stock and related derivative securities. This prohibition applies to any shares or securities acquired in connection with their service or employment and will be in effect during the same Plan Blackout Period. Investors should be aware of these temporary restrictions on employee and insider trading activity.
Key Highlights
- 1Exelon is implementing a vendor change for its Employee Savings Plan (ESP).
- 2A "blackout period" will temporarily restrict ESP participants' ability to manage their accounts, including contributions and investments.
- 3The blackout period is expected to start on December 3, 2025, and end around December 22, 2025.
- 4Directors and executive officers are prohibited from trading Exelon common stock or derivative securities during the blackout period.
- 5This trading restriction for insiders is a regulatory requirement under Sarbanes-Oxley Act (SOX) and Regulation BTR.
- 6Information regarding the exact start and end dates of the blackout period can be obtained from Exelon's Corporate Secretary.