Constellation Energy (CEG) faces a lock-up expiration for 25 million shares. This scheduled release occurs on June 30, 2026. The company originally issued these shares as part of its Calpine acquisition.
Shareholders may sell these units on the open market for the first time. This influx could increase selling volume and lower the stock price.
The event represents the first of a two-phase release. An additional 25 million shares will unlock on June 30, 2027.
The company has not confirmed whether shareholders intend to sell their positions.