Smith Patrick E 4

What Happened

• Patrick E. Smith, Chairman and President of a subsidiary of Ameren Corporation, was reported on a Form 4 as acquiring awards on Feb 5, 2026. The filing shows two award entries: 3,663 share equivalents and 2,178 restricted stock units (total 5,841), each recorded at $0.00 (awarded, not bought).
• The awards are compensation-related grants rather than open-market purchases or sales; the RSUs are scheduled to vest on a payment date in 2029 (no later than March 15, 2029).

Key Details

• Transaction date: 2026-02-05; Form 4 filed: 2026-02-09 (timely filing).
• Awards: 3,663 (share equivalents) and 2,178 (restricted stock units) — total 5,841 shares/RSUs; reported acquisition price $0.00.
• Shares owned after transaction: not specified in the filing.
• Relevant footnotes from the filing:
  • F1: 3,663 represents estimated share equivalents held in the Ameren Savings Investment Plan as of Jan 31, 2026.
  • F2: 2,178 RSUs were granted under the 2022 Omnibus Incentive Compensation Plan and are scheduled to vest by March 15, 2029, subject to plan terms.
  • F3: (general) refers to shares acquired upon vesting of prior performance share units.
  • F4: (general) notes inclusion of 24 accrued dividend equivalents from Q4 2025 in restricted stock unit accounting.
• Transaction type code: A = Award/Grant/Other acquisition (compensation).

Context

• These awards are part of executive compensation (grants/RSUs) and are not purchases or sales; they typically vest later and are not an immediate cash investment by the insider.
• RSUs that vest in the future may convert to company stock at vesting; dividend equivalents and performance-vesting language can affect final payout amounts.