AES.NYSEAes CORP

Form 4: Director Gerard M. Anderson Reports Acquisition of AES Corp Stock Units

Sentiment:

SEC Form 4


Gerard M. Anderson, a director of AES Corp, reported the acquisition of 10,216 stock units on April 25, 2024.

Summary

  • On April 25, 2024, Gerard M. Anderson, a director of AES Corp, acquired 10,216 stock units.
  • These stock units are the economic equivalent of one share of AES Common Stock each.
  • The units will be settled for shares of AES Common Stock after Anderson terminates service on the Board, according to the AES Corporation 2003 Long Term Compensation Plan.
  • Following the transaction, Anderson directly owns 18,276 derivative securities.

Sentiment

Score: 5

Explanation: The document is a neutral report of a transaction. It doesn't inherently indicate positive or negative sentiment.

Future Outlook

The stock units will be settled for shares of AES Common Stock after the reporting person terminates service on the Board in accordance with the Director's election form under The AES Corporation 2003 Long Term Compensation Plan.

Industry Context

This filing is a routine disclosure of a director's acquisition of stock units, which is a common form of compensation in publicly traded companies.

Stakeholder Impact

  • The acquisition of stock units by a director could be perceived positively by shareholders as it aligns the director's interests with those of the shareholders.

Key Dates

DateDescription
04/25/2024Date of transaction: Gerard M. Anderson acquired 10,216 stock units.
04/29/2024Date of report signature.

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