ANDERSON GERARD M 4

What Happened Gerard M. Anderson, a director of AES Corporation, received equity awards on April 29, 2026. The filing reports two awards: 6,920 stock units priced at $14.45 each (total value $99,994) and 12,111 stock units reported at $0.00 (total $0). These are awards/derivative units (transaction code A), not open-market purchases or sales.

Key Details

• Transaction date: 2026-04-29; Form 4 filed 2026-05-01 (filed within two business days).
• Awards: 6,920 units @ $14.45 = $99,994; 12,111 units @ $0.00 = $0.
• Total units awarded: 19,031 stock units.
• Shares owned after transaction: Not specified in the filing.
• Footnotes: F1 — each stock unit equals one share and will be settled for AES common stock after the director leaves the board per the director’s election under The AES Corporation 2025 Equity and Incentive Compensation Plan. F2 — the $0 units represent cash fees the director elected to defer into stock units.
• Remarks: Exhibit 24.1 (Power of Attorney) included.

Context These are compensation-related equity awards/stock units (derivatives) and typically reflect board compensation or deferral of fees rather than an active market buy or sell. The deferred units are economic equivalents of shares and are slated to convert to actual shares upon termination of board service per the plan and election rules.