Sherry Kohan - 21 Feb 2025 Form 4 Insider Report for AES CORP (AES)

Signature
/s/ Jennifer Gillcrist, attorney-in-fact
Issuer symbol
AES
Transactions as of
21 Feb 2025
Net transactions value
-$42,762
Form type
4
Filing time
24 Feb 2025, 16:20:23 UTC
Previous filing
07 Jun 2024
Next filing
26 Feb 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AES Common Stock Award $0 +13,860 +32% $0.000000 57,194 21 Feb 2025 Direct F1
transaction AES Common Stock Award $0 +6,158 +11% $0.000000 63,352 21 Feb 2025 Direct F2
transaction AES Common Stock Tax liability $28,572 -2,698 -4.3% $10.59 60,654 21 Feb 2025 Direct F3
transaction AES Common Stock Tax liability $14,191 -1,340 -2.2% $10.59 59,314 21 Feb 2025 Direct F4
holding AES Common Stock 34,306 21 Feb 2025 by 401(k) 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 2003 Long Term Compensation Plan and will generally vest in three annual installments on February 21, 2026, February 21, 2027, and February 21, 2028, 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, 2022 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 21, 2025. 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, 2022.
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 Since the last Form 4 filing on June 7, 2024, the reporting person acquired 1,337 additional shares of AES Common Stock pursuant to The AES Corporation Retirement Savings Plan. This information is based on a plan statement dated February 18, 2025.