Vistra Corp. — Director's Dealing 2025

Oct 1, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Vistra Corp. (VST)
CIK: 0001692819
Period of Report: 2025-09-26

Reporting Person: BURKE JAMES A (Director, President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-09-26	Common Stock	M	24000	$19.68	Acquired	267770	Direct
2025-09-26	Common Stock	S	21376	$201.18	Disposed	246394	Direct
2025-09-29	Common Stock	M	24000	$19.68	Acquired	270394	Direct
2025-09-29	Common Stock	S	19200	$202.19	Disposed	251194	Direct
2025-09-29	Common Stock	S	2178	$199.70	Disposed	249016	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-09-26	2018 Employee Stock Option (right to buy)	$19.68	M	24000	Disposed	2027-04-09	Common Stock (24000)	Direct
2025-09-29	2018 Employee Stock Option (right to buy)	$19.68	M	24000	Disposed	2027-04-09	Common Stock (24000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	701514	Indirect
Common Stock	34000	Indirect
Common Stock	259	Indirect

Footnotes

F1: This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 12, 2025.

F2: Includes an aggregate of approximately (i) 2,354 shares sold for the cashless exercise of the stock options; and (ii) 8,522 shares sold to pay taxes in connection with the exercise of the stock options.

F3: Represents a weighted-average price. These shares were sold in multiple transactions at prices ranging from $201.01 to $201.20, inclusive. For all transactions reported in this Form 4 utilizing a weighted-average price, the reporting person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.

F4: Includes an aggregate of approximately (i) 1,875 shares sold for the cashless exercise of the stock options; and (ii) 6,820 shares sold to pay taxes in connection with the exercise of the stock options.

F5: Includes an aggregate of approximately (i) 475 shares sold for the cashless exercise of the stock options; and (ii) 1703 shares sold to pay taxes in connection with the exercise of the stock options.

F6: Options vested 50% 4 years from the grant date with the remaining 50% vesting 5 years from the grant date.