AES (AES) director Alain Monie receives 12,111 stock units as equity award

Rhea-AI Filing Summary

MONIE ALAIN reported acquisition or exercise transactions in this Form 4 filing.

AES CORP director Alain Monie received an equity award in the form of stock units. On this Form 4, Monie was granted 12,111 units at a stated price of $0.00 per unit. Each unit is the economic equivalent of one share of AES Common Stock.

Following this grant, Monie directly holds 131,814 units in total. According to the footnote, these units will be settled in shares of AES Common Stock after he terminates service on the Board, consistent with his election under The AES Corporation 2025 Equity and Incentive Compensation Plan.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider MONIE ALAIN

Role null

Type	Security	Shares	Price	Value
Grant/Award	Units	12,111	$0.00	--

Holdings After Transaction: Units — 131,814 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Units granted: 12,111 units Grant price per unit: $0.00 per unit Total units after grant: 131,814 units +1 more

4 metrics

Units granted 12,111 units Grant of stock units on transaction date

Grant price per unit $0.00 per unit Stated transaction price for awarded units

Total units after grant 131,814 units Direct holdings following reported transaction

Underlying common shares 12,111 shares Each unit equals one AES Common Stock share

Key Terms

stock unit, economic equivalent, Equity and Incentive Compensation Plan, Common Stock

4 terms

stock unit financial

"Each stock unit is the economic equivalent of one share of AES Common Stock."

economic equivalent financial

"Each stock unit is the economic equivalent of one share of AES Common Stock."

Equity and Incentive Compensation Plan financial

"under The AES Corporation 2025 Equity and Incentive Compensation Plan."

Common Stock financial

"each stock unit is the economic equivalent of one share of AES Common Stock."

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

Form 4 Insider Transactions: What Each Field Means →

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^*

MONIE ALAIN

(Last) (First) (Middle)

4300 WILSON BLVD

(Street)

ARLINGTON VIRGINIA 22203

(City) (State) (Zip)

UNITED STATES

(Country)

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
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/29/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price

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
Units	(1)	04/29/2026		A		12,111		(1)	(1)	Common Stock	12,111	$0	131,814	D

Explanation of Responses:

1. Each stock unit is the economic equivalent of one share of AES Common Stock. These units will be settled for shares of AES Common Stock after the date the reporting person terminates service on the Board in accordance with the Director's election form under The AES Corporation 2025 Equity and Incentive Compensation Plan.

Remarks:

Exhibit 24.1 Power of Attorney

	/s/ Jennifer Gillcrist, Attorney-in-fact	05/01/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did AES (AES) director Alain Monie report?

Alain Monie reported receiving 12,111 stock units as an equity award. These units were granted at a stated price of $0.00 per unit and are tied to AES Common Stock, increasing his total directly held units to 131,814 after the transaction.

What are the stock units granted to AES (AES) director Alain Monie?

The stock units are the economic equivalent of one share of AES Common Stock each. They represent deferred equity compensation that will ultimately be settled in actual AES shares, aligning the director’s interests with shareholders over his Board service period.

When will Alain Monie’s AES (AES) stock units be settled into shares?

The units will be settled for shares of AES Common Stock after Alain Monie terminates service on the Board. Settlement timing follows his election form under The AES Corporation 2025 Equity and Incentive Compensation Plan, providing deferred delivery tied to his Board tenure.

How many AES (AES) stock units does Alain Monie hold after this Form 4?

After the reported grant, Alain Monie directly holds 131,814 stock units. This total includes the 12,111 units granted in the latest transaction, which are each economically equivalent to one share of AES Common Stock under the company’s 2025 equity plan.

Is Alain Monie’s AES (AES) Form 4 transaction a market purchase or sale?

The filing shows an acquisition coded as a grant or award, not a market trade. Monie received 12,111 units at a stated price of $0.00 as compensation, so this is equity-based remuneration rather than an open-market buy or sell of AES shares.