Form 4: Ameren Corp Executive Birk Reports Stock Transactions
SEC Form 4 Filing
Mark C. Birk, Chmn & President of Subsidiary at Ameren Corp, reports acquisition and disposal of company stock due to tax obligations and holdings in a 401(k).
Summary
- Mark C. Birk, Chairman and President of a subsidiary of Ameren Corp, filed a Form 4 detailing changes in beneficial ownership of Ameren Corp stock.
- On February 29, 2024, shares were withheld by the issuer to satisfy tax withholding obligations arising from the vesting of performance share units and restricted stock units.
- A total of 1,646 shares were disposed of at a price of $71.19.
- Birk also reported owning 1,481 shares indirectly through a 401(k) plan.
- Following the reported transactions, Birk directly owns 97,913 shares of Ameren Corp.
- The filing was signed on March 4, 2024, by Jonathan T. Shade, Deputy Corp. Secy. for Ameren Corporation, as attorney-in-fact for Mark C. Birk.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions related to executive compensation and tax obligations. It doesn't contain information that would significantly impact investor sentiment positively or negatively.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders. This filing indicates transactions related to executive compensation and tax obligations, which are common occurrences.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it involves the disposal of shares by an executive to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/29/2024 | Date of stock transaction (disposal of shares for tax withholding). |
| 02/29/2024 | Date of estimated share equivalents held in the unitized stock fund. |
| 03/04/2024 | Date of signature on the Form 4 filing. |
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