secwatch.observer — SEC 8-K summary
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Issuer:     AES CORP (AES)
CIK:        0000874761
Form:       8-K/A
Filed at:   2022-02-25T23:59:59+00:00
Accession:  0000874761-22-000020
Event type: leadership
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

AES discloses CFO Stephen Coughlin's compensation: $580k salary, 100% bonus target, 225% LTI target
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- Annual base salary of $580,000 approved effective Feb 24, 2022.
- Annual cash incentive target set at 100% of base salary, tied to performance goals.
- Long-term compensation target of 225% of base salary for 2022, including PSUs, cash units, and RSUs.
- Mr. Coughlin added to Executive Severance Plan with up to 2x salary plus benefits upon qualifying termination.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/874761/000087476122000020/0000874761-22-000020-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/874761/000087476122000020/aes-20210922.htm
  HTML page:      https://secwatch.observer/filing/0000874761-22-000020

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer