Form 4: Vistra Corp. CEO James A. Burke Reports Changes in Beneficial Ownership
SEC Form 4 Filing
James A. Burke, President and CEO of Vistra Corp., reports acquisition and disposal of Vistra Corp. common stock related to equity awards and tax withholding.
Summary
- On March 5, 2025, James A. Burke, the President and CEO of Vistra Corp., reported changes in his beneficial ownership of the company's common stock.
- He acquired 30,329 shares of common stock at $0, related to the annual grant of restricted stock units approved on February 20, 2025.
- He disposed of 5,639 shares at $126.87 to cover taxes associated with the vesting of restricted stock units.
- Following these transactions, Burke directly owns 447,538 shares of Vistra Corp. common stock.
- He also indirectly owns 469,764 shares through JAMEB, LP, 34,000 shares through the James A. Burke 2012 Irrevocable Trust, and 259 shares through the Marti E. Burke 2012 Irrevocable Trust.
Sentiment
Score: 6
Explanation: The document reflects routine transactions related to executive compensation and tax obligations. It doesn't indicate any significant positive or negative developments for the company.
Positives
- The acquisition of 30,329 shares indicates continued alignment of the CEO's interests with those of the shareholders.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders. This filing indicates standard compensation practices involving equity awards and tax obligations.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they are related to standard executive compensation practices.
Key Dates
| Date | Description |
|---|---|
| 2012/10/16 | Date of the Marti E. Burke 2012 Irrevocable Trust |
| 2012/12/03 | Date of the James A. Burke 2012 Irrevocable Trust |
| 2025/02/20 | Date the equity awards were approved by Issuer's Social Responsibility and Compensation Committee and the Board of Directors |
| 2025/03/05 | Date of the reported transactions (acquisition and disposal of shares) |
| 2025/03/06 | Date of signature for the Form 4 filing |
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