Form 4: AES Executive's RSU Vesting Triggers Tax Withholding

AES Corp's SVP & Chief Accounting Officer, Sherry Kohan, reported the automatic tax withholding of 483 common shares following the vesting of Restricted Stock Units.

Summary

• Sherry Kohan, SVP & Chief Accounting Officer of AES Corp, reported a transaction on February 24, 2026.
• The transaction involved the disposition of 483 shares of AES Common Stock at a price of $16.27 per share.
• This disposition was due to automatic tax withholding related to the vesting and settlement of one-third of Restricted Stock Units (RSUs) granted on February 24, 2023.
• Following the transaction, Ms. Kohan directly beneficially owns 71,424 shares of Common Stock.
• Additionally, Ms. Kohan indirectly beneficially owns 36,096 shares through a 401(k) plan.
• No additional shares were acquired in the 401(k) plan since the last Form 4 filing on February 24, 2026, based on a plan statement dated February 25, 2026.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine, non-discretionary transaction related to executive compensation, which has a neutral impact on the company's operational or financial outlook.

Positives

• Vesting of Restricted Stock Units (RSUs) indicates the fulfillment of employment conditions and compensation for the executive.

Negatives

• The disposition of 483 shares for tax withholding reduces the executive's direct ownership, though this is a standard practice.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that Form 4 filings are standard disclosures for executive stock transactions, providing transparency into insider holdings and compensation events. This specific filing details a routine RSU vesting and associated tax withholding, which is a common occurrence across publicly traded companies as part of executive compensation structures.

Comparison to Industry Standards

• This is a routine RSU vesting and tax withholding event, common across publicly traded companies as part of executive compensation. No specific comparable companies, projects, or results are relevant for this type of filing as it reflects a standard compensation mechanism.

Stakeholder Impact

• Shareholders: This is a minor, routine disclosure of executive compensation and does not indicate any material change in company operations or strategy.
• Employees: No direct impact beyond the executive involved in the transaction.

Key Dates

Recommendation

This Form 4 reports a standard, non-discretionary tax withholding event related to executive compensation (RSU vesting) under a Rule 10b5-1 plan. Such routine transactions typically do not indicate a change in the company's fundamental performance or outlook, thus a 'hold' recommendation is appropriate as it provides no new information to alter an investment thesis.

Keywords

AES Corp, AES, Form 4, Insider Transaction, Restricted Stock Units, RSU Vesting, Tax Withholding, Executive Compensation, Sherry Kohan