What the executives and directors of AES Corporation actually did with their own shares, decoded from three years of SEC Form 4 filings.
The tape: three years of insider trades
Every marker sits at the exact price reported on the Form 4. The line is the monthly median of all prices insiders reported, so the chart needs no market feed; the gray strip is routine flow (vestings, tax withholding, gifts) that headlines love to miscount as selling.
Where the shares went, last 12 months
Every Form 4 movement decomposed: what flowed in (grants, vested equity, purchases) and what flowed out (tax withholding, plan sales, discretionary sales, gifts). Counted in shares, because grants carry no price.
Skin in the game
Directly held shares as reported after each trade, indexed to 100 five years back. Direct holdings only: trust and family-entity positions are per-entity in the filings and do not sum honestly, so this chart refuses to guess. The steps are the trades.
Who holds what
| Insider | Role | Shares held | Buys 12 m | Sales 12 m |
|---|---|---|---|---|
| Gluski Andres President and CEO | CEO | 2.1M | — | — |
| Da Santos Bernerd EVP and President, US & RENs. | Officer | 405.1K | — | — |
| Mendoza Tish EVP & Chief HR Officer | Officer | 335K | — | — |
| Rubiolo Juan Ignacio EVP, COO, Pres., Energy Infra. | COO | 275.9K | — | — |
| Coughlin Stephen EVP and CFO | CFO | 265.5K | — | — |
| Falu Ricardo Manuel EVP, COO, Pres. New Enrgy Tech | COO | 235.6K | — | — |
| Freedman Paul L EVP, GC and Corp. Secretary | Officer | 223.2K | — | — |
| Shaughnessy Maura | Director | 85.2K | — | — |
| Kohan Sherry SVP & Chief Accounting Officer | Officer | 71.4K | — | — |
| MONIE ALAIN | Director | 28.7K | — | — |
| Laulis Julia M. | Director | 1,500 | — | — |
Open-market trade log
| Date | Insider | Type | Shares | Price | Value |
|---|---|---|---|---|---|
| 2024-06-06 | Kohan Sherry (Officer) | Discretionary sale | 15K | $20.35 | $305K |
| 2024-05-20 | Da Santos Bernerd (Officer) | Discretionary sale | 66.3K | $21.15 | $1.4M |
| 2024-05-20 | Mendoza Tish (Officer) | Discretionary sale | 66.3K | $21.21 | $1.4M |
| 2024-03-12 | Falu Ricardo Manuel (COO) | Open-market buy | 6 | $16.01 | $96 |
| 2023-12-28 | Falu Ricardo Manuel (COO) | Open-market buy | 73 | $19.21 | $1K |
| 2023-12-13 | Mendoza Tish (Officer) | Discretionary sale | 21.6K | $18.95 | $409K |
| 2023-12-13 | Mendoza Tish (Officer) | Discretionary sale | 21.7K | $18.95 | $411K |
| 2023-11-21 | Falu Ricardo Manuel (COO) | Open-market buy | 302 | $16.89 | $5K |
| 2023-11-09 | Falu Ricardo Manuel (COO) | Open-market buy | 2,450 | $16.30 | $40K |
| 2023-11-08 | Rubiolo Juan Ignacio (Officer) | Open-market buy | 2,450 | $16.37 | $40K |
| 2023-11-07 | Gluski Andres (CEO) | Open-market buy | 50K | $16.38 | $819K |
| 2023-11-07 | Da Santos Bernerd (Officer) | Open-market buy | 3,000 | $16.36 | $49K |
| 2023-11-07 | Freedman Paul L (Officer) | Open-market buy | 1,530 | $16.40 | $25K |
| 2023-11-07 | Coughlin Stephen (CFO) | Open-market buy | 1,529 | $16.40 | $25K |
| 2023-08-16 | MONIE ALAIN (Director) | Open-market buy | 27.4K | $18.27 | $501K |
| 2023-08-10 | Laulis Julia M. (Director) | Open-market buy | 1,500 | $19.51 | $29K |
| 2023-08-08 | Shaughnessy Maura (Director) | Open-market buy | 12K | $19.44 | $233K |
| 2023-08-08 | Shaughnessy Maura (Director) | Open-market buy | 12K | $19.46 | $234K |
| 2023-08-08 | Shaughnessy Maura (Director) | Open-market buy | 12.5K | $19.49 | $244K |
| 2022-12-28 | Gluski Andres (CEO) | Discretionary sale | 748.6K | $28.43 | $21.3M |
| 2022-06-01 | MILLER JAMES H (Director) | Discretionary sale | 19.3K | $21.68 | $418K |
| 2022-03-04 | Coughlin Stephen (CFO) | Open-market buy | 47K | $21.30 | $1M |
| 2022-01-05 | Gluski Andres (CEO) | Discretionary sale | 150.1K | $23.39 | $3.5M |
| 2022-01-05 | Gluski Andres (CEO) | Discretionary sale | 374.4K | $23.94 | $9M |
| 2021-09-14 | Shaughnessy Maura (Director) | Open-market buy | 5,000 | $23.81 | $119K |
| 2021-09-14 | Shaughnessy Maura (Director) | Open-market buy | 12.5K | $23.79 | $297K |
| 2021-08-10 | Gluski Andres (CEO) | Discretionary sale | 245.7K | $24.43 | $6M |
| 2021-08-10 | Da Santos Bernerd (COO) | Discretionary sale | 51.9K | $24.33 | $1.3M |
| 2021-08-10 | Mendoza Tish (Officer) | Discretionary sale | 32K | $24.38 | $781K |
| 2020-06-11 | UBBEN JEFFREY W (Director) | Open-market buy | 500K | $12.22 | $6.1M |
| 2020-05-15 | UBBEN JEFFREY W (Director) | Open-market buy | 500K | $11.67 | $5.8M |
| 2020-03-20 | Khanna Tarun (Director) | Open-market buy | 4,300 | $11.27 | $48K |
| 2020-03-19 | Gluski Andres (CEO) | Open-market buy | 9,523 | $9.50 | $90K |
| 2020-03-19 | Da Santos Bernerd (COO) | Open-market buy | 576 | $9.86 | $6K |
| 2020-03-19 | Da Santos Bernerd (COO) | Open-market buy | 924 | $9.86 | $9K |
| 2020-03-19 | Da Santos Bernerd (COO) | Open-market buy | 2,500 | $9.50 | $24K |
| 2020-03-19 | Mendoza Tish (Officer) | Open-market buy | 3,240 | $9.28 | $30K |
| 2020-03-19 | Freedman Paul L (Officer) | Open-market buy | 2,650 | $9.50 | $25K |
| 2020-03-19 | Nebreda Julian (Officer) | Open-market buy | 3,000 | $9.50 | $29K |
| 2020-03-19 | Krueger Lisa (Officer) | Open-market buy | 3,000 | $9.50 | $29K |
| 2020-03-19 | Rubiolo Juan Ignacio (Officer) | Open-market buy | 5,300 | $9.12 | $48K |
| 2020-03-19 | Moreno Leonardo (Officer) | Open-market buy | 2,500 | $9.52 | $24K |
| 2020-03-19 | Pimenta Gustavo (CFO) | Open-market buy | 5,230 | $9.50 | $50K |
| 2020-03-13 | MORSE JOHN B JR (Director) | Open-market buy | 10K | $12.99 | $130K |
| 2019-08-30 | Nebreda Julian (Officer) | Discretionary sale | 6,000 | $15.25 | $92K |
| 2019-08-30 | Nebreda Julian (Officer) | Discretionary sale | 12.9K | $15.24 | $196K |
| 2019-08-12 | UBBEN JEFFREY W (Director) | Open-market buy | 200K | $15.25 | $3.1M |
| 2019-05-13 | UBBEN JEFFREY W (Director) | Open-market buy | 100K | $15.96 | $1.6M |
| 2019-05-09 | UBBEN JEFFREY W (Director) | Open-market buy | 2.5M | $16.11 | $40M |
| 2018-12-26 | UBBEN JEFFREY W (Director) | Open-market buy | 35K | $13.75 | $481K |
| 2017-11-13 | miller brian a (Officer) | Open-market buy | 1,000 | $10.37 | $10K |
| 2017-11-13 | miller brian a (Officer) | Open-market buy | 8,500 | $10.50 | $89K |
| 2017-11-13 | O'Flynn Thomas M. (CFO) | Open-market buy | 9,500 | $10.64 | $101K |
| 2017-11-13 | Da Santos Bernerd (COO) | Open-market buy | 4,700 | $10.60 | $50K |
| 2017-11-10 | Gluski Andres (CEO) | Open-market buy | 24.6K | $10.17 | $251K |
| 2016-03-07 | Souza Fabian (Officer) | Discretionary sale | 2,764 | $10.96 | $30K |
| 2015-11-12 | HACKENSON ELIZABETH (Officer) | Open-market buy | 5,000 | $9.81 | $49K |
| 2015-11-11 | Da Santos Bernerd (COO) | Open-market buy | 5,000 | $10.13 | $51K |
| 2015-11-10 | O'Flynn Thomas M. (CFO) | Open-market buy | 20K | $10.08 | $202K |
| 2015-11-09 | Gluski Andres (CEO) | Open-market buy | 20.3K | $9.88 | $200K |
“Since trade” compares with the latest insider-implied price, not a market quote; this site carries no market data by design.
Filing hygiene
How to read this
A Form 4 transaction code decides everything. P is an open-market purchase and S an open-market sale; those two are the only codes where an insider chose to trade. A is a grant, M an option exercise or vesting, F shares withheld to cover tax, G a gift. Most “insiders dumped billions” headlines are code F and M mechanics.
Sales flagged 10b5-1 run on a plan the insider adopted in advance; since 2023 every Form 4 carries that flag. Buys have historically predicted returns, sales mostly have not, and this page states filings, not advice.