Form 4: Ameren CFO Boosts Stake with RSU Grant, PSU Vesting

Ameren's EVP & CFO, Leonard P. Singh, increased his beneficial ownership through a restricted stock unit grant and the vesting of performance share units.

Summary

• Leonard P. Singh, Executive Vice President and Chief Financial Officer of Ameren Corp (AEE), reported changes in his beneficial ownership of the company's common stock.
• On February 5, 2026, Singh was granted 5,508 restricted stock units (RSUs) under the issuer's 2022 Omnibus Incentive Compensation Plan. These RSUs are scheduled to vest upon the payment date in 2029, no later than March 15, 2029.
• Also on February 5, 2026, Singh acquired 9,515 shares of common stock due to the vesting of previously granted performance share units (PSUs).
• Following these transactions, Singh's direct beneficial ownership of Ameren common stock increased to 38,254 shares. This amount includes 418 accrued dividend equivalents acquired during the first through fourth quarters of 2025 pursuant to a dividend reinvestment feature of restricted stock units.
• Additionally, Singh holds an estimated 90 share equivalents indirectly in the Ameren Corporation Savings Investment Plan (401(k)) as of January 31, 2026.

Sentiment

Score: 7

Explanation: StockSavvy.ai views this as a moderately positive signal, as increased insider ownership through equity grants and vesting typically indicates management's confidence and alignment with shareholder interests, though it does not reflect operational performance.

Positives

• Increased direct beneficial ownership by a key executive (EVP & CFO) to 38,254 shares, signaling confidence in the company's future prospects.
• The grant of 5,508 restricted stock units aligns management's long-term interests with shareholders, as vesting is tied to future performance and continued employment.
• The vesting of 9,515 performance share units indicates the achievement of prior performance targets, reflecting positively on past company performance.

Future Outlook

The 5,508 restricted stock units granted to the EVP & CFO are scheduled to vest upon the payment date in 2029, which shall be no later than March 15, 2029, subject to the terms of the 2022 Omnibus Incentive Compensation Plan.

Industry Context

StockSavvy.ai notes that executive equity awards, such as restricted stock units and performance share units, are standard components of compensation packages in the utility sector. These awards are designed to align the interests of senior management with those of shareholders by tying a significant portion of their compensation to the company's long-term performance and stock value.

Stakeholder Impact

• Shareholders may view the increased equity ownership by a key executive as a positive indicator of management's commitment and belief in the company's future performance, potentially fostering greater investor confidence.

Next Steps

• Vesting of 5,508 restricted stock units by March 15, 2029.

Key Dates

Keywords

Ameren, AEE, Form 4, Insider Transaction, Executive Compensation, Restricted Stock Units, Performance Share Units, Beneficial Ownership