Coughlin Stephen 4
Research Summary
AI-generated summary
AES EVP & CFO Stephen Coughlin Sells 1,669 Shares
What Happened
Stephen Coughlin, EVP and CFO of AES, had 1,669 shares disposed on February 24, 2026 at $16.27 per share, for a total value of approximately $27,155. The disposition is recorded as code F (payment of exercise price or tax liability) and reflects shares withheld to cover tax obligations tied to vested restricted stock units (RSUs) rather than an open-market sale.
Key Details
- Transaction date: 2026-02-24; Filing date: 2026-02-26 (filed within the typical two-business-day window).
- Shares disposed: 1,669 at $16.27 each; total ≈ $27,155.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnote: F1 — automatic tax withholding of shares for one-third of the RSUs granted on Feb 24, 2023.
- Transaction code: F (tax withholding/cashless settlement), not a purchase (P) or open-market sale (S).
Context
This was a routine tax-withholding transaction tied to RSU vesting (one-third of a 2023 grant). Such withholdings are administrative and do not necessarily indicate insider sentiment about the company.