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AES Corp (NYSE: AES) CEO logs RSU tax-related share disposition

Filing Impact
(High)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

AES CORP President and CEO Andres Gluski reported an automatic tax-related share disposition rather than an open-market sale. On February 24, 2026, 13,751 shares of Common Stock were withheld at $16.27 per share to cover taxes upon vesting of one-third of Restricted Stock Units granted on February 24, 2023, leaving 2,078,523 shares held directly. He also reported 35,047 shares held indirectly through The AES Corporation Retirement Savings Plan, with a plan statement dated February 25, 2026 indicating no additional shares were acquired in the plan since the prior Form 4.

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SEC Form 4
FORM 4 UNITED 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).
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*
Gluski Andres

(Last) (First) (Middle)
4300 WILSON BOULEVARD

(Street)
ARLINGTON VA 22203

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
AES CORP [ AES ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
President and CEO
3. Date of Earliest Transaction (Month/Day/Year)
02/24/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Common Stock 02/24/2026 F 13,751(1) D $16.27 2,078,523 D
Common Stock 35,047(2) I By 401(k) Plan
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Reflects automatic tax withholding of shares in connection with the vesting and settlement of one-third of the Restricted Stock Units granted on February 24, 2023.
2. Since the last Form 4 filing on February 24, 2026, the reporting person acquired no additional shares of AES Common Stock pursuant to The AES Corporation Retirement Savings Plan. This information is based on a plan statement dated February 25, 2026.
/s/ Jennifer V. Gillcrist, attorney-in-fact 02/26/2026
** Signature of Reporting Person Date
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.

FAQ

What insider transaction did AES (AES) CEO Andres Gluski report?

Andres Gluski reported an automatic tax-withholding disposition of shares, not an open-market sale. On February 24, 2026, 13,751 AES Common Stock shares were withheld to satisfy taxes tied to vesting Restricted Stock Units granted February 24, 2023.

How many AES (AES) shares were disposed of for tax withholding?

The filing shows 13,751 AES Common Stock shares disposed of for tax withholding. These shares were automatically withheld at $16.27 per share in connection with Restricted Stock Unit vesting, rather than being sold in the open market by the CEO.

How many AES (AES) shares does Andres Gluski hold after this Form 4?

After the tax-withholding disposition, Andres Gluski directly holds 2,078,523 AES Common Stock shares. The Form 4 also reports an additional 35,047 shares held indirectly through The AES Corporation Retirement Savings Plan as of the referenced plan statement.

Was the AES (AES) CEO’s Form 4 transaction an open-market sale?

No, the filing describes an automatic tax-withholding disposition, not an open-market sale. Shares were withheld to pay taxes triggered by vesting and settlement of Restricted Stock Units granted on February 24, 2023, as detailed in the footnote F1.

What does the AES (AES) Form 4 say about the CEO’s 401(k) holdings?

The Form 4 reports 35,047 AES shares held indirectly in The AES Corporation Retirement Savings Plan. A footnote states no additional shares were acquired in the plan since the last Form 4, based on a February 25, 2026 plan statement.

What award triggered the AES (AES) CEO’s tax-withholding share disposition?

The disposition relates to one-third of Restricted Stock Units granted on February 24, 2023. When these RSUs vested and settled on February 24, 2026, shares were automatically withheld to cover associated tax obligations, as explained in the Form 4 footnote.
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