AI assistant
AES CORP — Director's Dealing 2024
Feb 26, 2024
30641_dirs_2024-02-26_92146496-6b85-4e7a-b7a6-a88e22a8e0ac.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: AES CORP (AES)
CIK: 0000874761
Period of Report: 2024-02-22
Reporting Person: Mendoza Tish (EVP & Chief HR Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-02-22 | Common Stock | A | 26625 | — | Acquired | 193802 | Direct |
| 2024-02-22 | Common Stock | D | 116 | — | Disposed | 193686 | Direct |
| 2024-02-22 | Common Stock | F | 1141 | $16.00 | Disposed | 192545 | Direct |
| 2024-02-22 | Common Stock | A | 17845 | — | Acquired | 210390 | Direct |
| 2024-02-22 | Common Stock | F | 7563 | $16.00 | Disposed | 202827 | Direct |
| 2024-02-24 | Common Stock | F | 1865 | $16.00 | Disposed | 200962 | Direct |
| 2024-02-24 | Common Stock | F | 1481 | $16.00 | Disposed | 199481 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 27276 | Indirect |
Footnotes
F1: This Restricted Stock Unit ("RSU") award was granted pursuant to The AES Corporation 2003 Long Term Compensation Plan and will generally vest in three annual installments on February 22, 2025, February 22, 2026, and February 22, 2027, subject to the reporting person's continued employment with AES on each such date and the terms and conditions of the award. Each RSU entitles the holder to one share of AES Common Stock.
F2: Reflects shares of common stock underlying an RSU award granted on February 19, 2021, which shares were forfeited as a result of below-target performance with respect to AES' achievement of certain environmental and social goals related to such award, as approved by the AES Board of Directors.
F3: Reflects tax withholding in connection with the vesting and settlement of one-third of the RSUs granted February 19, 2021.
F4: This Performance Stock Unit ("PSU") award was granted on February 19, 2021 pursuant to The AES Corporation 2003 Long Term Compensation Plan. After the prescribed three year performance period, the AES Board of Directors approved the performance value for the grant on February 22, 2024. Each earned PSU entitles the holder to one share of AES Common Stock.
F5: Reflects tax withholding in connection with the vesting and settlement of PSUs granted on February 19, 2021.
F6: Reflects tax withholding in connection with the vesting and settlement of one-third of the RSUs granted February 24, 2022.
F7: Reflects tax withholding in connection with the vesting and settlement of one-third of the RSUs granted February 24, 2023.
F8: Since the last Form 4 filing on December 14, 2023, the reporting person acquired 278 additional shares of AES Common Stock pursuant to The AES Corporation Retirement Savings Plan. This information is based on a plan statement dated February 16, 2024.