Form 4: Ameren Corp Executive Reports Stock Transactions
SEC Form 4 Filing
Bhavani Amirthalingam, EVP & CCTO of an Ameren subsidiary, reports stock transactions including tax withholding and holdings in a 401(k).
Summary
- Bhavani Amirthalingam, an EVP & CCTO of a subsidiary of Ameren Corp, filed a Form 4 detailing changes in beneficial ownership of Ameren stock.
- On February 29, 2024, 1,475 shares of common stock were disposed of at a price of $71.19 per share to cover tax withholding obligations related to vesting performance share units and restricted stock units.
- As of February 29, 2024, Amirthalingam directly owns 39,622 shares of Ameren common stock.
- Amirthalingam also indirectly owns 245 share equivalents through the Ameren Corporation Savings Investment Plan (401(k)).
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is standard practice for publicly traded companies. It provides transparency into the executive's holdings and transactions in the company's stock.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine disposal of shares for tax purposes by an executive.
Key Dates
| Date | Description |
|---|---|
| 02/29/2024 | Date of stock transaction (disposal of shares for tax withholding) and the date for share equivalents held in the unitized stock fund. |
| 03/04/2024 | Date of signature on the Form 4 filing. |
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