[144] Vistra Corp. SEC Filing

Rhea-AI Filing Summary

Vistra Corp. Form 144 filing reports proposed and recent insider sales of Common stock. The notice lists a proposed sale of 21,360 shares through Fidelity Brokerage Services on the NYSE with an aggregate market value of $4,517,570.62 and an approximate sale date of 09/19/2025. The filing shows those shares were acquired on 09/19/2025 by exercise of options granted in 2016 and 2018 and paid for in cash. The document also discloses multiple recent sales by James A. Burke between 09/10/2025 and 09/18/2025 totaling several transactions with gross proceeds reported for each sale.

Positive

• Detailed disclosure of proposed sale including broker, share count, aggregate market value, and exchange
• Acquisition source disclosed (options granted in 2016 and 2018) and payment method (cash) for the shares to be sold
• Multiple recent sales itemized with gross proceeds, showing transparency about recent insider transactions

Negative

• Significant insider selling is reported (21,360 shares valued at $4,517,570.62 proposed; multiple prior sales with multi-million dollar proceeds)
• Filing contains limited context about reasons for sales or any plan adoption dates beyond the acquisition and sale dates

Insights

Financial Analyst

TL;DR: Insider exercised options and is selling shares in multiple transactions, including a planned 21,360-share sale worth about $4.52M.

The filing documents an option exercise and subsequent proposed sale through Fidelity on 09/19/2025. The 21,360-share block is explicitly tied to options granted in 2016 and 2018 and paid in cash on the acquisition date. Recent daily sales by James A. Burke from 09/10/2025 to 09/18/2025 are itemized with gross proceeds reported for each trade. From an analytical perspective this is a compliance disclosure of insider selling activity; the filing provides clear quantities, dates, broker, and proceeds but does not include any commentary on company fundamentals.

Corporate Governance Expert

TL;DR: The Form 144 properly discloses proposed sales and past insider transactions; it asserts no undisclosed material information.

The document contains the required issuer and transaction details for Rule 144 notice: class of security, broker name and address, number of shares, market value, outstanding shares, and sale date. It also lists acquisition details showing option grants as the source of the shares and confirms cash payment. The signer affirms absence of undisclosed material adverse information. This filing meets standard disclosure expectations for insider sales but does not address any corporate governance actions beyond the sales disclosure.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Fidelity Brokerage Services LLC 900 Salem Street Smithfield RI 02917	21360	4517570.62	338820324	09/19/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	09/19/2025	Option Granted - 10/11/2016	Issuer			19200	09/19/2025	Cash
Common	09/19/2025	Option Granted - 04/09/2018	Issuer			2160	09/19/2025	Cash

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
James A. Burke 6555 Sierra Drive Irving TX 75039	Common	09/10/2025	19592	3933635.75
James A. Burke 6555 Sierra Drive Irving, TX 75039	Common	09/11/2025	43074	8991625.77
James A. Burke 6555 Sierra Drive Irving TX 75039	Common	09/12/2025	21374	4335603.72
James A. Burke 6555 Sierra Drive Irving, TX 75039	Common	09/15/2025	21362	4481773.62
James A. Burke 6555 Sierra Drive Irving TX 75039	Common	09/16/2025	21358	4565882.26
James A. Burke 6555 Sierra Drive Irving TX 75039	Common	09/17/2025	21361	4540506.03
James A. Burke 6555 Sierra Drive Irving TX 75039	Common	09/18/2025	21366	4554708.26

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does Vistra Corp.'s Form 144 disclose about the proposed sale?

The filing reports a proposed sale of 21,360 Common shares through Fidelity Brokerage Services on the NYSE with an aggregate market value of $4,517,570.62 and an approximate sale date of 09/19/2025.

Who is listed as having sold shares recently for VST?

The filing lists James A. Burke as the seller for multiple Common stock sales between 09/10/2025 and 09/18/2025, with gross proceeds reported for each trade.

How were the shares to be sold acquired according to the filing?

The shares tied to the proposed sale were acquired by option exercises with grants dated 10/11/2016 and 04/09/2018, and payment was made in cash on 09/19/2025.

Which broker and exchange are involved in the proposed sale?

The proposed sale lists Fidelity Brokerage Services LLC, 900 Salem Street, Smithfield RI as the broker and the NYSE as the exchange.

Does the filing state whether the seller knows any undisclosed material information?

Yes. By signing the notice the person represents that they do not know any material adverse information