Form 4: Ameren Corp Executive Shaw Reports Stock Transactions

Theresa A. Shaw, SVP of Finance and CAO at Ameren Corp, reports the acquisition and disposal of company stock, including shares withheld for tax obligations.

Summary

• Theresa A. Shaw, SVP, Finance and CAO of Ameren Corp, filed a Form 4 detailing changes in beneficial ownership of the company's stock.
• On February 28, 2025, Shaw disposed of 1,229 shares of common stock at a price of $101.56 per share to cover tax withholding obligations related to vesting of performance share units and restricted stock units.
• Shaw also indirectly holds 826 shares of common stock through a 401(k) plan.
• Following the reported transactions, Shaw directly owns 30,764 shares of Ameren Corp common stock.

Sentiment

Score: 5

Explanation: This is a routine filing related to stock transactions for tax purposes, indicating a neutral sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.

Comparison to Industry Standards

• Executive stock transactions are common and are typically compared to those of peers in the utility industry, such as Duke Energy (DUK) and Southern Company (SO).
• The size and frequency of these transactions are often benchmarked against industry averages to assess whether they are typical or indicative of a particular trend or sentiment.
• Tax-related stock disposals are a standard practice, especially upon the vesting of restricted stock units or performance share units, and are generally viewed as a neutral event.

Stakeholder Impact

• The stock disposal to cover tax obligations has a minimal impact on shareholders.
• The filing provides transparency to stakeholders regarding executive stock ownership.

Key Dates