Form 4: AES Corp SVP Kohan Sells 15,000 Shares
SEC Form 4
Sherry Kohan, SVP & Chief Accounting Officer of AES Corp, sold 15,000 shares of common stock at an average price of $20.35 on June 6, 2024.
Summary
- On June 6, 2024, Sherry Kohan, the SVP & Chief Accounting Officer of AES Corp, sold 15,000 shares of AES common stock.
- The sale price was $20.35 per share.
- Following the transaction, Kohan directly owns 43,334 shares of AES common stock.
- Kohan also indirectly owns 32,969 shares through a 401(k) plan.
- Since the last Form 4 filing on February 26, 2024, Kohan acquired 267 additional shares of AES Common Stock pursuant to The AES Corporation Retirement Savings Plan.
Sentiment
Score: 5
Explanation: The document is a neutral report of an insider transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider trading activity, which is common for executives of publicly traded companies. It provides transparency to investors regarding the transactions of company insiders.
Stakeholder Impact
- The sale of shares by a company executive could be perceived negatively by some shareholders, but it is a common occurrence and doesn't necessarily indicate a negative outlook for the company.
Key Dates
| Date | Description |
|---|---|
| 02/26/2024 | Date of last Form 4 filing |
| 06/05/2024 | Date of plan statement for 401(k) shares |
| 06/06/2024 | Date of stock sale transaction |
| 06/07/2024 | Date of signature on the Form 4 |
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