Coughlin Stephen 4

What Happened Stephen Coughlin, EVP and Chief Financial Officer of AES Corporation (AES), received a grant of 50,345 Restricted Stock Units (RSUs) on April 23, 2026. The Form 4 reports the award at $0.00 per share (no cash paid by the insider). Each RSU entitles the holder to one share of AES common stock upon vesting.

Key Details

• Transaction date: April 23, 2026; filing date: April 24, 2026 (timely filed).
• Transaction type/code: Award/Grant (A).
• Shares granted: 50,345 RSUs; reported price: $0.00 (standard for RSU grants).
• Shares owned after transaction: not disclosed in this filing.
• Footnote: RSUs granted under The AES Corporation 2025 Equity and Incentive Compensation Plan and generally vest in three annual installments on April 23, 2027; April 23, 2028; and April 23, 2029, subject to continued employment and plan terms. Each RSU converts to one share at vesting.
• No 10b5-1 plan, tax-withholding detail, or cashless sale noted in this filing.

Context RSU grants are a form of compensation and do not reflect a market purchase or sale; they convert into shares only as they vest. Vesting schedules and continued employment conditions determine when these units become actual shares that the executive can sell or transfer.