Form 4: Vistra Corp. Executive Margaret Montemayor Reports Stock Transaction

Margaret Montemayor, SVP and Chief Accountant at Vistra Corp., reported a transaction involving the withholding of 1,177 common stock shares to cover taxes related to vesting restricted stock units.

Summary

• Margaret Montemayor, a Senior Vice President and Chief Accountant at Vistra Corp., filed a Form 4 with the SEC.
• The filing reports a transaction on November 13, 2024, where 1,177 shares of Vistra Corp. common stock were disposed of.
• These shares were withheld by the company to cover tax obligations associated with the vesting of restricted stock units.
• The price per share for this transaction was $142.12.
• Following the transaction, Montemayor directly owns 17,658 shares of Vistra Corp. common stock.

Sentiment

Score: 5

Explanation: The document is a routine SEC filing related to executive stock transactions, which is neither positive nor negative for the company's overall outlook.

Industry Context

This is a routine filing related to executive compensation and is common for publicly traded companies. It does not indicate any significant change in the company's operations or outlook.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, and this transaction is typical for executives receiving stock-based compensation.
• Similar transactions are regularly reported by executives at comparable companies in the energy sector, such as NRG Energy and Constellation Energy.

Stakeholder Impact

• The transaction has a minor impact on shareholders as it involves a small number of shares being withheld for tax purposes.

Key Dates

Keywords

Form 4, Vistra Corp, Stock Transaction, Restricted Stock Units, Beneficial Ownership, Margaret Montemayor, SEC Filing