Stephen Coughlin - 20 Feb 2026 Form 4 Insider Report for AES CORP (AES)

Role
EVP and CFO
Signature
/s/ Jennifer V. Gillcrist, attorney-in-fact
Issuer symbol
AES
Transactions as of
20 Feb 2026
Net transactions value
-$448,742
Form type
4
Filing time
24 Feb 2026, 16:16:46 UTC
Previous filing
26 Feb 2025
Next filing
26 Feb 2026
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Coughlin Stephen EVP and CFO 4300 WILSON BLVD., ARLINGTON /s/ Jennifer V. Gillcrist, attorney-in-fact 24 Feb 2026 0001887269

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AES Common Stock Award $0 +40,461 +24% $0.000000 207,924 20 Feb 2026 Direct F1
transaction AES Common Stock Award $0 +36,074 +17% $0.000000 243,998 20 Feb 2026 Direct F2
transaction AES Common Stock Tax liability $254,667 -15,425 -6.3% $16.51 228,573 20 Feb 2026 Direct F3
transaction AES Common Stock Tax liability $77,300 -4,682 -2% $16.51 223,891 20 Feb 2026 Direct F4
transaction AES Common Stock Tax liability $116,775 -7,073 -3.2% $16.51 216,818 20 Feb 2026 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This Restricted Stock Unit ("RSU") award was granted pursuant to The AES Corporation 2025 Equity and Incentive Compensation Plan and will generally vest in three annual installments on February 20, 2027, February 20, 2028, and February 20, 2029, subject to the reporting person's continued employment with AES on each such date and the terms and conditions of the award. Each RSU entitles the holder to one share of AES Common Stock.
F2 This Performance Stock Unit ("PSU") award was granted on February 24, 2023 pursuant to The AES Corporation 2003 Long Term Compensation Plan. After the prescribed three year performance period, the AES Board of Directors approved the performance value for the grant on February 20, 2026. Each earned PSU entitles the holder to one share of AES Common Stock.
F3 Reflects automatic tax withholding of shares in connection with the vesting and settlement of PSUs granted on February 24, 2023.
F4 Reflects automatic tax withholding of shares in connection with the vesting and settlement of one-third of the RSUs granted on February 22, 2024.
F5 Reflects automatic tax withholding of shares in connection with the vesting and settlement of one-third of the RSUs granted on February 21, 2025.

Remarks:

Exhibit 24.1 Power of Attorney