Martin Ryan J 4

What Happened

• Ryan J. Martin, Senior Vice President, Finance at Ameren Corp (AEE), received two awards on Feb 5, 2026 totaling 3,046 units: 1,294 share equivalents and 1,752 restricted stock units (RSUs). Both entries show acquisition at $0.00 (typical for compensation awards), so there was no cash outlay by the insider.

Key Details

• Transaction date: 2026-02-05; Filing date: 2026-02-09 (appears timely under the two-business-day Form 4 rule).
• Grants: 1,294 share equivalents (Savings Investment Plan unitized fund) and 1,752 RSUs; total = 3,046 units. Reported price: $0.00 for each grant.
• Vesting/timing: The 1,752 RSUs were granted under the 2022 Omnibus Incentive Compensation Plan and are scheduled to vest/pay by 2029 (no later than March 15, 2029), subject to plan terms and award agreement.
• Other notes: Footnotes indicate the 1,294 figure represents estimated share equivalents in the Ameren Savings Investment Plan as of Jan 31, 2026, and that 42 accrued dividend equivalents were included via a dividend reinvestment feature for RSUs. (No post-transaction total holdings were provided in the supplied data.)

Context

• These are compensation awards (not open-market purchases or sales). RSU and plan-based awards are common long-term incentive pay and will only convert to actual shares (and potential ability to sell) if/when they vest per the award terms.
• For retail investors, such awards signal routine executive compensation and retention incentives rather than a direct bullish or bearish trade by the insider.