Paul L. Freedman - Feb 21, 2025 Form 4 Insider Report for AES CORP (AES)

Role
EVP, GC and Corp. Secretary
Signature
/s/ Paul L. Freedman
Stock symbol
AES
Transactions as of
Feb 21, 2025
Transactions value $
-$183,461
Form type
4
Date filed
2/24/2025, 04:18 PM
Previous filing
Feb 26, 2024
Next filing
Feb 26, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AES Common Stock Award $0 +36.8K +35.97% $0.00 139K Feb 21, 2025 Direct F1
transaction AES Common Stock Award $0 +29.7K +21.31% $0.00 169K Feb 21, 2025 Direct F2
transaction AES Common Stock Tax liability -$141K -13.3K -7.88% $10.59 156K Feb 21, 2025 Direct F3
transaction AES Common Stock Tax liability -$42.5K -4.02K -2.58% $10.59 152K Feb 21, 2025 Direct F4
holding AES Common Stock 2.97K Feb 21, 2025 By 401(k) Plan F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This Restricted Stock Unit ("RSU") award was granted pursuant to The AES Corporation 2003 Long Term Compensation Plan and will generally vest in three annual installments on February 21, 2026, February 21, 2027, and February 21, 2028, subject to the reporting person's continued employment with AES on each such date and the terms and conditions of the award. Each RSU entitles the holder to one share of AES Common Stock.
F2 This Performance Stock Unit ("PSU") award was granted on February 24, 2022 pursuant to The AES Corporation 2003 Long Term Compensation Plan. After the prescribed three year performance period, the AES Board of Directors approved the performance value for the grant on February 21, 2025. Each earned PSU entitles the holder to one share of AES Common Stock.
F3 Reflects automatic tax withholding of shares in connection with the vesting and settlement of PSUs granted on February 24, 2022.
F4 Reflects automatic tax withholding of shares in connection with the vesting and settlement of one-third of the RSUs granted on February 22, 2024.
F5 Since the last Form 4 filing on February 26, 2024, the reporting person acquired 139 additional shares of AES Common Stock pursuant to The AES Corporation Retirement Savings Plan. This information is based on a plan statement dated February 18, 2025.