Three Executives from Major U.S. Nuclear Power Company Dispose of Shares Worth Hundreds of Millions After Stock Vesting
On February 9, three senior operations executives at Constellation Energy Corp. (NASDAQ: CEG) acquired a large block of common shares upon the vesting of long-term incentives, RSUs and performance shares, then sold a substantial portion to cover tax liabilities and through company withholding. Bryan Craig Hanson, who heads the power generation division, disclosed disposals totaling about $13.3 million; he still holds approximately $17.8 million in directly owned common stock (roughly ₩23 billion). General Counsel David O. Dardis and head of the commercial division James McHugh reported similar vesting, withholding and partial sales; following McHugh’s transaction, his directly held equity is valued at about $15.7 million (around ₩20 billion).
In the same month, Constellation reaffirmed the completion of its Calpine acquisition when it reported its fourth-quarter and full-year 2025 results. The company also announced expanded power-supply contracts for data centers, a 10 percent increase in its annual dividend, and guidance for another boost in 2026. With the Calpine deal, Constellation now controls roughly 55 GW of generation capacity, making it the largest power producer in the U.S. It has secured a series of long-term supply agreements for major data centers in Texas and other markets, further broadening its growth drivers. (Source: constellationenergy.com)
Headquartered in Baltimore, Maryland, Constellation Energy is a NASDAQ-listed utility that, on the strength of large nuclear, gas and renewables assets, supplies about 10 percent of all carbon-free power in the United States, making it the country’s largest private generator. Since spinning off from Exelon, and following the 2026 acquisition of Calpine, the company has integrated gas and geothermal assets into its nuclear-focused clean-power portfolio, targeting high-demand customers such as AI data centers and large manufacturing facilities. (Source: constellationenergy.com)
Source: SEC 4 Filing