Constellation Energy Grants Long-Term RSU Compensation to Key Financial Executives

On January 9 (local time), Constellation Energy Corp (NASDAQ: CEG) granted substantial long-term restricted stock unit (RSU) awards to key executives in its finance organization. According to an SEC filing, Matthew N. Bauer, Senior Vice President and Controller, received 8,759 RSUs, which will cliff-vest and convert into common shares on January 9, 2030. Following the grant, Bauer’s direct holdings stand at 8,759 shares. Daniel L. Eggers, Senior Executive Vice President and Head of Finance & Data Economy, was awarded 5,840 RSUs, scheduled to cliff-vest on January 9, 2029. Both grants will accrue additional RSUs equivalent to dividends, vesting on the same schedule, and are classified as equity-based compensation rather than cash transactions. At an assumed share price of $1 and exchange rate of $1 = ₩1,450, the awards equate to approximately ₩12,705,550 for Bauer and ₩8,468,000 for Eggers.

Constellation Energy Corp, headquartered in Baltimore, Maryland, is an energy company spun off from Exelon in 2022 and now listed on Nasdaq and the S&P 500. The company is a private power producer with a diversified generation portfolio—including nuclear, natural gas, hydroelectric, wind and solar facilities—totaling roughly 55 GW of capacity, or about 10% of U.S. clean energy. Constellation serves over 2.5 million residential, commercial and public-sector customers nationwide, many of which are Fortune 100 companies. (https://en.wikipedia.org/wiki/Constellation_Energy)

Recently, Constellation has attracted market attention with its aggressive growth strategy and green-energy transition story. In 2024, it signed a 20-year power purchase agreement (PPA) with Microsoft. In 2025, it announced the acquisition of Calpine, closing the transaction on January 7, 2026, to become the largest private power producer in the U.S. The deal added 21 nuclear reactors and over 50 natural gas–fired plants to its portfolio. Management projects adjusted earnings per share (EPS) to rise by about 20% in 2026 and to deliver at least an additional $2 per share in improvements by 2029. () As of third-quarter 2025 results, the company has raised its full-year adjusted EPS guidance to a range of $9.05–$9.45 per share, continuing its strong performance momentum. ()