Form 4: Ameren Corp Executive Leonard P. Singh Reports Changes in Beneficial Ownership
SEC Form 4
Leonard P. Singh, Chmn & President of Subsidiary at Ameren Corp, reports acquisition and disposal of common stock and restricted stock units.
Summary
- Leonard P. Singh, an executive at Ameren Corp, filed a Form 4 detailing changes in beneficial ownership.
- On February 6, 2025, Singh acquired common stock through the Ameren Corporation Savings Investment Plan and vesting of performance share units.
- Singh also acquired restricted stock units under the 2022 Omnibus Incentive Compensation Plan, scheduled to vest in 2028.
- The report indicates holdings of common stock and restricted stock units, including accrued dividend equivalents.
- The filing was signed by Jonathan T. Shade, Deputy Corp. Secy. of Ameren Corporation, as attorney-in-fact for Leonard P. Singh on February 10, 2025.
Sentiment
Score: 5
Explanation: Neutral sentiment as the document is a standard regulatory filing detailing stock transactions.
Positives
- Acquisition of shares through the Savings Investment Plan indicates confidence in the company.
- Vesting of performance share units suggests achievement of performance goals.
Future Outlook
The restricted stock units are scheduled to vest upon the payment date in 2028, which shall be no later than March 15, 2028, subject to the terms of the Plan and the applicable award agreement issued thereunder.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- Shareholders are informed about changes in insider ownership, which can influence investor sentiment.
Key Dates
| Date | Description |
|---|---|
| January 31, 2025 | Date for estimated number of share equivalents held in the unitized stock fund. |
| February 06, 2025 | Date of earliest transaction involving common stock and restricted stock units. |
| February 10, 2025 | Date of signature by attorney-in-fact. |
| March 15, 2028 | Latest possible payment date for restricted stock units granted under the 2022 Omnibus Incentive Compensation Plan. |
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