Form 4: Ameren Corp CEO Lyons Reports Stock Transactions
SEC Form 4
Ameren Corp's CEO, Martin J. Lyons, reports stock sales and tax-related share withholding.
Summary
- Martin J. Lyons, CEO of Ameren Corp, filed a Form 4 detailing changes in beneficial ownership of company stock.
- On February 29, 2024, Lyons held 1,945 shares indirectly through a 401(k).
- On February 29, 2024, 11,496 shares were withheld by Ameren to cover tax obligations related to vesting of performance share units and restricted stock units at a price of $71.19.
- On March 4, 2024, Lyons sold 7,270 shares at $70.70 per share under a pre-arranged Rule 10b5-1 trading plan.
- Following these transactions, Lyons directly owns 246,434 shares of Ameren Corp.
- The filing indicates that some transactions were executed under a Rule 10b5-1 trading plan.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment about the company's performance.
Industry Context
Executive stock transactions are a common occurrence and are often scrutinized by investors for insights into a company's prospects. Sales can be driven by personal financial planning rather than a negative outlook on the company.
Key Dates
| Date | Description |
|---|---|
| 02/29/2024 | Estimated number of share equivalents held by the reporting person in the unitized stock fund included in the Ameren Corporation Savings Investment Plan as of February 29, 2024. |
| 02/29/2024 | Shares withheld by the issuer to satisfy tax withholding obligations arising in connection with the vesting of performance share units and restricted stock units. |
| 03/04/2024 | Shares sold pursuant to a Rule 10b5-1 trading plan adopted by the reporting person. |
| 03/04/2024 | Date of signature for the report. |
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