Form 4: Vistra Corp. CEO James A. Burke Reports Stock Transactions

Vistra Corp.'s CEO, James A. Burke, reports the withholding of shares by the issuer to cover taxes related to the vesting of restricted stock units.

Summary

• On August 1, 2024, James A. Burke, the President and CEO of Vistra Corp., reported a transaction involving common stock.
• The transaction involved the withholding of 3,806 shares by Vistra Corp. to cover taxes associated with the vesting of restricted stock units.
• The price per share for the transaction was $76.04.
• Following the transaction, Burke directly owns 286,162 shares of Vistra Corp. common stock.
• Burke 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: 5

Explanation: This is a neutral event, reflecting a standard tax obligation related to stock vesting. It doesn't inherently indicate positive or negative sentiment about the company's performance.

Industry Context

This is a routine Form 4 filing, which is standard practice when corporate insiders, like the CEO, conduct transactions in their company's stock. It provides transparency to the market.

Stakeholder Impact

• The transaction has a minor impact on shareholders as it involves the CEO's personal stock holdings and tax obligations.

Key Dates