AEE.NYSEAmeren CORP

Form 4: Ameren Corp Executive Mark C. Lindgren Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Mark C. Lindgren, EVP & Chief HR Officer of Ameren Corp's subsidiary, reported the disposition of shares to cover tax obligations and sales under a pre-arranged trading plan.

Summary

  • On February 29, 2024, Mark C. Lindgren, EVP & Chief HR Officer of an Ameren Corp subsidiary, had 1,555 shares of Common Stock indirectly through a 401(K).
  • On February 29, 2024, Lindgren disposed of 1,342 shares at $71.19 to cover tax obligations related to vesting of performance share units and restricted stock units, holding 49,513 shares directly after the transaction.
  • On March 4, 2024, Lindgren sold 1,630 shares at $70.70 under a Rule 10b5-1 trading plan, resulting in direct ownership of 47,883 shares.
  • The transactions were reported on a Form 4 filing with the SEC.

Sentiment

Score: 5

Explanation: The document reflects routine transactions related to executive compensation and pre-planned stock sales, indicating a neutral sentiment.

Industry Context

Executive stock transactions are a normal part of corporate governance and are closely watched by investors for signals about a company's prospects. Rule 10b5-1 plans allow insiders to sell shares at predetermined times to avoid accusations of trading on inside information.

Stakeholder Impact

  • The transactions may have a minor impact on shareholders due to the small volume of shares involved.

Key Dates

DateDescription
02/29/2024Share equivalents held in unitized stock fund as of this date.
02/29/2024Disposition of 1,342 shares to cover tax obligations.
03/04/2024Sale of 1,630 shares under Rule 10b5-1 trading plan.
03/04/2024Date of the signature on the report.

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.