Welcome to our dedicated page for AES SEC filings (Ticker: AES), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The AES Corporation files SEC reports that document a NYSE-listed global power company with common stock registered under the symbol AES. Its filings cover operating and financial results, material-event updates, annual meeting voting results, proxy governance, and capital-structure disclosures tied to senior notes, credit agreements, and letter-of-credit arrangements.
Filings also record material agreements, change-of-control provisions in financing documents, impairment disclosures for power-generation assets, and contract matters related to power purchase agreements. Proxy and Form 8-K records provide formal disclosure on board elections, shareholder voting matters, and other governance actions.
AES CORP executive Tish Mendoza reported a new equity award and updated share holdings. She received 46,552 Restricted Stock Units (RSUs) under The AES Corporation 2025 Equity and Incentive Compensation Plan at no cash cost. These RSUs generally vest in three annual installments on April 23, 2027, April 23, 2028, and April 23, 2029, contingent on her continued employment, and each RSU converts into one share of AES common stock when vested.
After this award, she directly holds 334,972 shares of AES common stock and indirectly holds 30,107 shares through a 401(k) plan, with no additional 401(k) acquisitions since the last Form 4 based on an April 15, 2026 plan statement.
AES CORP executive Paul L. Freedman reported an equity award rather than an open‑market trade. He received 44,483 Restricted Stock Units (RSUs) of AES Common Stock under The AES Corporation 2025 Equity and Incentive Compensation Plan.
The RSUs generally vest in three annual installments on April 23, 2027, April 23, 2028, and April 23, 2029, if he remains employed with AES. Each RSU converts into one share of AES Common Stock upon vesting.
After this award, Freedman holds 223,154 AES Common Stock shares directly and 3,130 shares indirectly through a 401(k) plan. Footnote disclosure states he acquired no additional shares through The AES Corporation Retirement Savings Plan since the prior Form 4.
AES CORP EVP and CFO Stephen Coughlin received a grant of 50,345 Restricted Stock Units (RSUs). The award was made under The AES Corporation 2025 Equity and Incentive Compensation Plan and is a form of equity compensation rather than a cash purchase.
The RSUs will generally vest in three annual installments on April 23, 2027, April 23, 2028, and April 23, 2029, subject to his continued employment and the award’s terms. Each RSU converts into one share of AES common stock upon vesting, and his direct holdings after this grant total 265,494 shares.
AES CORP executive Juan Ignacio Rubiolo received an equity award of 48,276 Restricted Stock Units (RSUs). The RSUs were granted under The AES Corporation 2025 Equity and Incentive Compensation Plan and will generally vest in three equal annual installments on April 23, 2027, April 23, 2028, and April 23, 2029, contingent on his continued employment. Each RSU converts into one share of AES common stock upon vesting, and his direct holdings after this grant total 275,911 shares.
The AES Corporation is reshaping parts of its finance and leadership team. Effective May 7, 2026, Sherry Kohan will move from Senior Vice President and Chief Accounting Officer to become Chief Financial Officer of AES’ U.S. Utilities business. On the same date, the Board appointed Aubrey Jarred, age 40, as Vice President and Controller and designated her as the company’s principal accounting officer.
Jarred has led AES’ global technical accounting and internal control functions since 2022 and previously held senior reporting and accounting roles at LKQ Corporation after starting her career in audit at KPMG. Her package includes a $315,000 base salary, an annual bonus target equal to 50% of salary, and long-term incentive targets of $189,000, along with standard executive benefits and indemnification. Separately, effective April 16, 2026, Bernerd Da Santos will transition from Executive Vice President and President of US & Renewables to Chairman of the AES Clean Energy Board and Senior Strategic Advisor to the President.
The Vanguard Group filed Amendment No. 14 to Schedule 13G/A for AES Corp Common Stock stating it beneficially owns 0 shares (0%). The filing explains an internal realignment on January 12, 2026 that disaggregated certain Vanguard subsidiaries and business divisions, which will report beneficial ownership separately going forward. The filing is signed by Ashley Grim, Head of Global Fund Administration, on March 26, 2026.
The AES Corporation is asking stockholders to vote at its 2026 virtual annual meeting on April 29, 2026 on four items: electing directors, an advisory vote on executive pay, ratifying Ernst & Young LLP as auditor for 2026, and, if properly presented, a non-binding proposal on stockholders’ ability to call special meetings. The meeting will be held online for stockholders of record as of March 12, 2026, when 713,071,623 common shares were outstanding, each with one vote. AES also highlights that it has entered into a definitive agreement for Horizon Parent, L.P. to acquire AES for $15.00 per share in cash, implying an equity value of about $10.7 billion, subject to stockholder and regulatory approvals and other conditions, with closing expected in late 2026 or early 2027. The proxy details governance practices, board composition, and pay-for-performance executive compensation policies, emphasizing independent board leadership, majority voting for directors, and strong alignment between incentive pay and company performance.
The AES Corporation filed an 8-K describing amendments to several financing agreements tied to its previously announced merger with Horizon Parent, L.P. AES entered Amendment No. 2 to its Eighth Amended and Restated Credit Agreement with Citibank on March 13, 2026, and a first amendment to a separate credit agreement with Sumitomo Mitsui Banking Corporation and a first amendment to a letter of credit agreement with Barclays Bank PLC on March 16, 2026. These changes adjust change of control provisions so AES can be directly or indirectly owned by Global Infrastructure Management, LLC, EQT Fund Management S.à r.l., Qatar Investment Authority and related investment vehicles, aligning its lending arrangements with the planned ownership structure.
The AES Corporation outlines a fast-growing renewables and utility platform for 2025. The company reports a global generation portfolio of 34,740 MW, with 54% of capacity from renewables and a renewables project backlog of 12.0 GW, including 5.7 GW under construction.
AES Clean Energy in the U.S. has a 46 GW development pipeline, 10,961 MW operating, 3,031 MW under construction and a 7.6 GW contracted backlog. In 2025, AES monetized $1.5 billion of U.S. renewables tax attributes and completed a $450 million minority sale of AGIC, meeting its $400–$500 million asset sale target.
U.S. utilities AES Indiana and AES Ohio are positioned for double‑digit rate base growth through 2027. AES Indiana secured a $71 million base rate increase in 2024 and has a proposed $90.7 million revenue increase under settlement, while AES Ohio’s 2024 distribution settlement added $167.9 million of annual distribution revenue.