STOCK TITAN

Ameren (AEE) SVP Theresa Shaw sells 1,825 shares in Rule 10b5-1 trades

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Ameren Corp senior vice president Theresa A. Shaw reported open-market sales of 1,825 shares of common stock. She sold 1,500 shares at $109.35 per share and 325 shares at $109.08 per share under a Rule 10b5-1 trading plan, and now holds 32,618 shares directly plus 922 share equivalents through a 401(k) plan.

Positive

  • None.

Negative

  • None.
Insider Shaw Theresa A
Role SVP and CATO
Sold 1,825 shs ($199K)
Type Security Shares Price Value
Sale Common Stock, $.01 Par Value 325 $109.08 $35K
Sale Common Stock, $.01 Par Value 1,500 $109.35 $164K
holding Common Stock, $.01 Par Value -- -- --
Holdings After Transaction: Common Stock, $.01 Par Value — 32,618 shares (Direct, null); Common Stock, $.01 Par Value — 922 shares (Indirect, By 401(k))
Footnotes (1)
  1. Represents the estimated number of share equivalents held by the reporting person in the unitized stock fund included in the Ameren Corporation Savings Investment Plan as of April 30, 2026. Amount includes 46 accrued dividend equivalents acquired during the first quarter of 2026 pursuant to a dividend reinvestment feature of restricted stock units granted under the issuer's 2022 Omnibus Incentive Compensation Plan. Shares sold pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
Shares sold (May 14, 2026) 325 shares at $109.08 Open-market sale of Ameren common stock
Shares sold (May 12, 2026) 1,500 shares at $109.35 Open-market sale of Ameren common stock
Total shares sold 1,825 shares Net-sell total across reported transactions
Direct holdings after sales 32,618 shares Ameren common stock held directly by Theresa A. Shaw
Indirect 401(k) share equivalents 922 share equivalents Unitized stock fund in Ameren savings plan as of April 30, 2026
Accrued dividend equivalents 46 units Dividend equivalents from Q1 2026 on restricted stock units
Rule 10b5-1 trading plan regulatory
"Shares sold pursuant to a Rule 10b5-1 trading plan adopted by the reporting person."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
dividend equivalents financial
"Amount includes 46 accrued dividend equivalents acquired during the first quarter of 2026..."
Payments tied to employee or contractor equity awards that mirror the cash dividends paid on the company’s stock; they give the holder the same economic benefit as owning the shares without transferring actual shares—often paid in cash or additional award units when the award becomes payable. Investors care because these payments affect a company’s compensation costs, cash flow and potential share dilution, and they signal how management is being rewarded and aligned with shareholders.
restricted stock units financial
"dividend reinvestment feature of restricted stock units granted under the issuer's 2022 Omnibus Incentive Compensation Plan."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
unitized stock fund financial
"estimated number of share equivalents held by the reporting person in the unitized stock fund included in the Ameren Corporation Savings Investment Plan..."
Omnibus Incentive Compensation Plan financial
"restricted stock units granted under the issuer's 2022 Omnibus Incentive Compensation Plan."
An omnibus incentive compensation plan is a single, flexible program that lets a company grant different kinds of pay — such as cash bonuses, stock options, restricted stock, or performance awards — to employees, executives and directors. Investors care because the plan affects how much ownership can be given away (dilution), how much the company spends on pay, and whether executives’ goals are aligned with shareholders, much like a menu that decides what rewards staff can pick and how costly they are.
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SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
X
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Shaw Theresa A

(Last)(First)(Middle)
1901 CHOUTEAU AVENUE
P.O. BOX 66149

(Street)
ST. LOUIS MISSOURI 63103

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
AMEREN CORP [ AEE ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
SVP and CATO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/12/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock, $.01 Par Value922(1)IBy 401(k)
Common Stock, $.01 Par Value05/12/2026S1,500D$109.3532,943(2)D
Common Stock, $.01 Par Value05/14/2026S325D$109.0832,618(3)D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents the estimated number of share equivalents held by the reporting person in the unitized stock fund included in the Ameren Corporation Savings Investment Plan as of April 30, 2026.
2. Amount includes 46 accrued dividend equivalents acquired during the first quarter of 2026 pursuant to a dividend reinvestment feature of restricted stock units granted under the issuer's 2022 Omnibus Incentive Compensation Plan.
3. Shares sold pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
Remarks:
Jonathan T. Shade, Deputy Corp. Secy. of Ameren Corporation, attorney-in-fact for Theresa A. Shaw05/14/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did Ameren (AEE) executive Theresa Shaw report in this Form 4 filing?

Theresa A. Shaw reported selling 1,825 Ameren common shares in open-market transactions. The sales occurred at prices around $109 per share and were executed under a pre-established Rule 10b5-1 trading plan, indicating they were scheduled in advance rather than discretionary trades.

How many Ameren (AEE) shares did Theresa Shaw sell and at what prices?

Theresa A. Shaw sold 1,500 Ameren shares at $109.35 and 325 shares at $109.08 per share. These reported open-market transactions total 1,825 shares of common stock, reflecting activity disclosed for the specified May 2026 trading dates in the filing.

How many Ameren (AEE) shares does Theresa Shaw hold after these transactions?

After the reported sales, Theresa A. Shaw holds 32,618 Ameren common shares directly. She also has 922 share equivalents indirectly via a unitized stock fund in the Ameren Corporation Savings Investment Plan, as of April 30, 2026, according to the filing footnotes.

Were Theresa Shaw’s Ameren (AEE) stock sales made under a Rule 10b5-1 plan?

Yes. The filing states that the Ameren shares were sold pursuant to a Rule 10b5-1 trading plan adopted by Theresa A. Shaw. Such plans prearrange trades in advance, helping separate routine portfolio management from discretionary market-timing decisions by insiders.

What indirect Ameren (AEE) holdings does Theresa Shaw report in this Form 4?

Theresa A. Shaw reports 922 share equivalents held indirectly through a unitized stock fund in the Ameren Corporation Savings Investment Plan. This amount represents her estimated interest in Ameren stock within that 401(k)-type plan as of April 30, 2026, per the footnote disclosure.