Form 4: AES Corp CEO Disposes of Shares for Tax Withholding After RSU Vesting

Andres Gluski, President and CEO of AES Corp, disposed of shares to cover tax obligations following the vesting of Restricted Stock Units.

Summary

• On February 24, 2025, Andres Gluski, the President and CEO of AES Corp, disposed of 16,644 shares of common stock at a price of $10.72 to cover tax withholding related to the vesting of one-third of Restricted Stock Units (RSUs) granted on February 24, 2022.
• Additionally, Gluski disposed of 13,751 shares at the same price ($10.72) for tax withholding related to the vesting of one-third of RSUs granted on February 24, 2023.
• Following these transactions, Gluski directly owns 1,857,827 shares of AES Corp common stock.
• Gluski also indirectly owns 33,309 shares through a 401(k) plan, based on a plan statement dated February 26, 2025.

Sentiment

Score: 5

Explanation: The document is a routine disclosure of stock transactions related to tax obligations, with no inherent positive or negative sentiment.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

• The transactions have a minimal impact on shareholders as they are related to tax obligations and do not indicate a change in the executive's long-term confidence in the company.

Key Dates