Constellation Energy Grants Large-Scale RSUs to Executives, Strengthening Long-Term Incentives in SEC Filing
Constellation Energy Corp. (NASDAQ: CEG) disclosed in a Form 8-K filed with the SEC on January 9 that it has granted long-term, performance-linked restricted stock units (RSUs) to key finance officers. According to the filing, Matthew N. Bower, Senior Vice President & Controller, received 8,759 RSUs, which vest in full on January 9, 2030. Dividend-equivalent RSUs will accrue and vest on the same schedule, bringing Bower’s total direct beneficial ownership to 8,759 shares following the grant. Daniel L. Eggers, Senior Executive Vice President of Finance & Data Economy, was awarded 5,840 RSUs, vesting in full on January 9, 2029, and converting into the same number of common shares; dividend-equivalent RSUs likewise follow the same vesting timetable. The company emphasized that these awards constitute equity-based compensation rather than cash payments.
Headquartered in Baltimore, Maryland, Constellation Energy is a Fortune 200 power and energy company and the largest private and zero-carbon power producer in the United States, listed on Nasdaq. With approximately 55 gigawatts of generation capacity across nuclear, natural gas, geothermal, hydroelectric, wind and solar, the company supplies roughly 10% of U.S. clean energy and serves 2.5 million residential, commercial and public-sector customers, as well as about three-quarters of Fortune 100 firms. To meet rising demand from AI data centers, electric vehicles and industrial loads, Constellation is positioning itself as a core platform for the energy transition by extending existing nuclear plant lifespans, expanding generating capacity and investing in new clean-energy projects.
Constellation is also pursuing a major expansion through its planned acquisition of Calpine in a deal valued at $26.6 billion (approximately KRW 38,570 trillion). The transaction cleared the Federal Energy Regulatory Commission (FERC) in 2025 and secured subsequent approvals from the judiciary and the U.S. Department of Justice. At year-end 2025, Constellation announced an extension of the maturity date for its privately negotiated exchange and consent solicitation, aimed at swapping Calpine’s outstanding bonds for Constellation debt as part of the closing process. Eggers was elevated in November 2025 to oversee the company’s finance and data-driven economic strategy, making him a central figure in generating new revenue streams and guiding capital allocation. Observers interpret the long-term RSU grants as a clear reinforcement of executive accountability for post-merger performance and shareholder-value creation.