|4Feb 26, 4:14 PM ET

Da Santos Bernerd 4

Research Summary

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AES EVP Da Santos Bernerd Withholds 1,532 Shares for Taxes

What Happened
Da Santos Bernerd, EVP and President, U.S. & RENs of AES Corporation (AES), had 1,532 shares withheld to satisfy tax withholding in connection with the vesting and settlement of restricted stock units (RSUs). The shares were recorded as disposed at $16.27 per share, for a total value of approximately $24,926. This was a tax-withholding disposition (code F), not an open-market sale.

Key Details

  • Transaction date: 2026-02-24; filing date (Form 4): 2026-02-26 (timely).
  • Disposition: 1,532 shares withheld at $16.27/share; total ≈ $24,926.
  • Transaction code: F — tax withholding/cashless share withholding related to RSU vesting.
  • Footnote: Withholding reflects shares surrendered to cover taxes on one-third of RSUs granted Feb 24, 2023.
  • Additional footnote: No new shares acquired under the AES Retirement Savings Plan since the last Form 4 (plan statement dated Feb 25, 2026).
  • Shares owned after the transaction: not specified in the provided excerpt.

Context
This was a routine tax-withholding event tied to RSU vesting (cashless share withholding). Such dispositions are administrative and do not necessarily indicate insider sentiment; purchases typically carry more informational weight for investors.