BARBAS PAUL M 4

What Happened

• Paul M. Barbas, a director of Vistra Corp. (VST), sold a total of 488 shares in two open-market transactions. He disposed of 244 shares on 2026-06-12 at $147.93 ($36,095) and another 244 shares on 2026-06-15 at $153.00 ($37,332), for combined proceeds of $73,427. These are sales (not purchases), which are often routine transactions.

Key Details

• Transaction dates and prices:
  • 2026-06-12: 244 shares sold at $147.93 — $36,095.
  • 2026-06-15: 244 shares sold at $153.00 — $37,332.
• Total sold: 488 shares for $73,427.
• Filing date: Form 4 filed on 2026-06-16 (Period of Report listed as 2026-06-12).
• Shares owned after the transaction: not specified in the filing.
• Footnote: The filing indicates the sale(s) were effected pursuant to a Rule 10b5‑1 trading plan adopted by the reporting person on March 13, 2026.

Context

• Sales executed under a Rule 10b5‑1 plan are pre-arranged trades and are commonly used by insiders to avoid concerns about trading on nonpublic information; such sales are often considered routine and do not by themselves signal a change in insider sentiment.
• For retail investors tracking insider activity, purchases generally carry more interpretive weight than routine sales; treat this filing as a disclosed, pre-planned disposition rather than a clear bullish or bearish signal.