Kohan Sherry 4
4 · AES CORP · Filed Feb 24, 2026
Research Summary
AI-generated summary of this filing
AES SVP Sherry Kohan Receives RSU/PSU Awards; Shares Withheld
What Happened Sherry Kohan, Senior Vice President and Chief Accounting Officer of AES, had equity awards settle on February 20, 2026. She was credited with 11,256 shares from a Performance Stock Unit (PSU) award and 9,994 shares from Restricted Stock Unit (RSU) awards (total 21,250 shares, acquired at $0.00 per share). To cover tax withholding/tax obligations tied to the vesting, 7,753 shares were withheld/disposed (at $16.51 per share) for a total withholding value of $128,002.
Key Details
- Transaction date: Feb 20, 2026.
- Acquisitions: 11,256 PSUs and 9,994 RSUs acquired at $0.00 (awards/vesting).
- Withholding/disposals: 4,791 shares, 1,180 shares, and 1,782 shares withheld at $16.51 each (total 7,753 shares; $128,002).
- Shares owned after transaction: not stated on this Form 4.
- Notable footnotes:
- F2: PSU grant originally dated Feb 24, 2023; board approved the performance payout on Feb 20, 2026.
- F1/F4/F5: RSU awards governed by AES equity plans; portions withheld reflect one‑third RSU settlements from earlier grants.
- F3–F5: Withholdings were automatic tax withholdings (code F).
- F6: Since the last Form 4 (Feb 26, 2025), Kohan also acquired 1,790 shares via AES’s Retirement Savings Plan (statement dated Feb 17, 2026).
- Filing timeliness: Form filed Feb 24, 2026 for Feb 20, 2026 transactions — timely under Form 4 rules.
Context This was not an open‑market purchase or discretionary sale by the insider but the settlement of performance and restricted stock units, with shares automatically withheld to satisfy tax liabilities (a common, administrative action). PSUs represent performance‑based shares earned after a multi‑year performance period; RSUs typically vest based on continued employment. These types of award settlements reflect compensation realization rather than new buying/selling decisions by the insider.
Insider Transaction Report
- Award
Common Stock
[F1]2026-02-20+9,994→ 68,404 total - Award
Common Stock
[F2]2026-02-20+11,256→ 79,660 total - Tax Payment
Common Stock
[F3]2026-02-20$16.51/sh−4,791$79,099→ 74,869 total - Tax Payment
Common Stock
[F4]2026-02-20$16.51/sh−1,180$19,482→ 73,689 total - Tax Payment
Common Stock
[F5]2026-02-20$16.51/sh−1,782$29,421→ 71,907 total
- 36,096(indirect: By 401(k))
Common Stock
[F6]
Footnotes (6)
- [F1]This Restricted Stock Unit ("RSU") award was granted pursuant to The AES Corporation 2025 Equity and Incentive Compensation Plan and will generally vest in three annual installments on February 20, 2027, February 20, 2028, and February 20, 2029, 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, 2023 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 20, 2026. 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, 2023.
- [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]Reflects automatic tax withholding of shares in connection with the vesting and settlement of one-third of the RSUs granted on February 21, 2025.
- [F6]Since the last Form 4 filing on February 26, 2025, the reporting person acquired 1,790 additional shares of AES Common Stock pursuant to The AES Corporation Retirement Savings Plan. This information is based on a plan statement dated February 17, 2026.