A Form 4 is filed within two business days of a company insider — an officer, a director, or a holder of more than ten percent of the stock — changing their position in the shares. All 10 filings in this group are Form 4s for Ameren Corporation.
The difficulty with reading these filings as a group is that a single form type covers transactions that mean entirely different things. An executive spending their own money to buy stock and an executive having shares withheld to pay tax on a vesting grant both appear as a Form 4. Every filing below is therefore tagged with the nature of the underlying transaction, taken from the transaction code reported on the form itself.
Across the 10 insider filings shown, the breakdown is 5 compensation award and 5 open-market sale. 5 of them involved a discretionary open-market trade; the rest are compensation and administrative mechanics.
Form 4
Open-market sale
Insider Selling
2026-09-14
AEE insider Flores Rafael (Director) sold 248 shares (~$26.2K)
Flores Rafael, listed as Director at AMEREN CORP, reported an open-market sale of 248 AEE shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
S |
Open-market sale
|
248 |
$105.53 |
$26.2K |
Filing: Form 4 (Insider Transaction)
Insider: Flores Rafael (Director)
Shares: 248
Est. Value: $26.2K
Form 4
Open-market sale
Insider Selling
2026-08-20
AEE insider Martin Ryan J (SVP Finance) sold 971 shares (~$106.7K)
Martin Ryan J, listed as SVP Finance at AMEREN CORP, reported an open-market sale of 971 AEE shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
S |
Open-market sale
|
471 |
$109.87 |
$51.7K |
S |
Open-market sale
|
500 |
$109.88 |
$54.9K |
Filing: Form 4 (Insider Transaction)
Insider: Martin Ryan J (SVP Finance)
Shares: 971
Est. Value: $106.7K
Form 4
Open-market sale
Insider Selling
2026-08-17
AEE insider Shaw Theresa A (SVP and CATO) sold 325 shares (~$35.4K)
Shaw Theresa A, listed as SVP and CATO at AMEREN CORP, reported an open-market sale of 325 AEE shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
S |
Open-market sale
|
325 |
$108.93 |
$35.4K |
Filing: Form 4 (Insider Transaction)
Insider: Shaw Theresa A (SVP and CATO)
Shares: 325
Est. Value: $35.4K
Form 4
Open-market sale
Insider Selling
2026-08-05
AEE insider MOEHN MICHAEL L (Group President, Utilities) sold 6,500 shares (~$708.2K)
MOEHN MICHAEL L, listed as Group President, Utilities at AMEREN CORP, reported an open-market sale of 6,500 AEE shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
S |
Open-market sale
|
6,500 |
$108.96 |
$708.2K |
Filing: Form 4 (Insider Transaction)
Insider: MOEHN MICHAEL L (Group President, Utilities)
Shares: 6,500
Est. Value: $708.2K
Form 4
Compensation award
Tax / Compensation Filing
2026-07-06
AEE insider Form 4 filed for equity award, exercise, or tax withholding
Smith Patrick E (Chairman & President of Sub) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
A |
Compensation award
|
280 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Smith Patrick E (Chairman & President of Sub)
Shares: 280
Form 4
Compensation award
Tax / Compensation Filing
2026-07-06
AEE insider Form 4 filed for equity award, exercise, or tax withholding
Melda Aaron P (Chairman & President of Sub) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
A |
Compensation award
|
2,520 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Melda Aaron P (Chairman & President of Sub)
Shares: 2,520
Form 4
Compensation award
Tax / Compensation Filing
2026-07-06
AEE insider Form 4 filed for equity award, exercise, or tax withholding
Arora Ajay K (EVP of Subsidiary) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
A |
Compensation award
|
716 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Arora Ajay K (EVP of Subsidiary)
Shares: 716
Form 4
Compensation award
Tax / Compensation Filing
2026-06-03
AEE insider Form 4 filed for equity award, exercise, or tax withholding
Arora Ajay K (EVP of Subsidiary) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
A |
Compensation award
|
6,797 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Arora Ajay K (EVP of Subsidiary)
Shares: 6,797
Form 4
Compensation award
Tax / Compensation Filing
2026-06-03
AEE insider Form 4 filed for equity award, exercise, or tax withholding
Melda Aaron P (Chairman and President) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
A |
Compensation award
|
3,705 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Melda Aaron P (Chairman and President)
Shares: 3,705
Form 4
Open-market sale
Insider Selling
2026-05-14
AEE insider Shaw Theresa A (SVP and CATO) sold 1,825 shares (~$199.5K)
Shaw Theresa A, listed as SVP and CATO at AMEREN CORP, reported an open-market sale of 1,825 AEE shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
S |
Open-market sale
|
1,500 |
$109.35 |
$164.0K |
S |
Open-market sale
|
325 |
$109.08 |
$35.5K |
Filing: Form 4 (Insider Transaction)
Insider: Shaw Theresa A (SVP and CATO)
Shares: 1,825
Est. Value: $199.5K