Senior Program Supervisor - Demand Response

Ameren Corporation announced the pricing of a public offering of $900 million in junior subordinated notes due 2057 at 100% of their principal amount. The transaction is expected to close on 18 September 2026. The notes will bear interest at an annual rate of 6.45% from issuance until 15 March 2032. After that date, the rate will reset every five years based on the Five-Year Treasury Rate plus 1.868%, with a floor of 6.45%. Ameren intends to use the net proceeds for general corporate purposes, including repaying short-term debt. Barclays Capital, BofA Securities, J.P. Morgan Securities, Morgan Stanley, MUFG Securities Americas, Truist Securities, PNC Capital Markets, and Scotia Capital are joint book-running managers for the offering.

Ameren SVP Finance Ryan Martin sells 971 shares for $107,000. Martin retains 27,432 total shares, showing continued alignment with the success of the company. By Jack Delaney - Sep 5, 2026 at 11:30AM EST Key points. * The sale was valued at approximately $107,000 value. * The disposition reduced the total equity stake by 3%, including a 4% reduction in the insider's direct holdings. * The stock price has noticeably climbed 6.6% thus far in 2026. * 10 stocks The Motley Fool, LLC like better than Ameren" Ryan J. Martin, SVP Finance of Ameren (AEE +0.06%), sold 971 shares of common stock on Aug. 18, 2026, and Aug. 20, 2026, according to an SEC Form 4 filing. Transaction summary. | Metric | Value | | Shares sold | 971 | | Transaction value | $107,000 | | Post-transaction shares (directly held) | 25,595 | | Post-transaction shares (indirectly held) | 1,837 | | Post-transaction value | $2.9 million | Transaction value based on SEC Form 4 weighted average sale price ($109.88); post-transaction value based on Aug. 20, 2026, market close ($108.79). Key questions. * What is the scale of the insider's remaining investment in Ameren? Following the sale, the insider retains a total of 27,432 shares with a market value of $2.9 million based on the Aug. 20, 2026, market close. The reporting person also holds 87 accrued dividend equivalents acquired during the first half of 2026 and continues to participate in equity-based compensation through restricted stock units. * How does the transaction relate to the company's current financial profile? Ameren maintains a market capitalization of $29.4 billion and reported trailing-twelve-month revenue of $8.4 billion. The utility holding company, which operates regulated electric and natural gas businesses through four primary divisions, generated $1.6 billion in net income over the same period. * What are the specific details regarding the indirect equity holdings? The 1,837 shares held indirectly are maintained in a 401(k) account through the Ameren Savings Investment Plan. * What has been the recent market performance context for this disposition? The shares were priced at $109.28 as of the Aug. 19, 2026, market close, slightly above the weighted average execution price of $109.88. The stock has delivered a 7% total return over the 12-month period ending on the final day of the reported transaction. Company overview. | Metric | Value | | Share Price (as of market close 2026-08-19) | $109.28 | | Market Capitalization | $29.4 billion | | Revenue (TTM) | $8.4 billion | | Net Income (TTM) | $1.6 billion | Company snapshot. * Ameren operates as a rate-regulated utility holding company that provides electricity generation, transmission, and distribution services, as well as natural gas distribution and transmission, across multiple jurisdictions in the United States. * The company generates revenue through regulated utility operations organized into four primary divisions: Ameren Missouri, Ameren Illinois Electric Distribution, Ameren Illinois Natural Gas, and Ameren Transmission, with earnings derived from rate-regulated service delivery and returns on infrastructure investments. * Ameren serves residential, commercial, and industrial customers throughout its service territories, with a customer base that depends on reliable, regulated utility services for electricity and natural gas. Ameren is a substantial regulated utility operator with a market capitalization of $29.4 billion and $8.4 billion in TTM revenue, serving millions of customers across multiple states. The company's business model is characterized by rate-regulated operations that provide stable, predictable cash flows through cost-of-service regulatory frameworks. Ameren's competitive positioning is anchored in its established utility franchises, diversified geographic footprint, and essential infrastructure assets that support long-term earnings stability and dividend sustainability. Premium Feature Moneyball Superscore Today's Change ( 0.06 %) $ 0.06 Current Price Key data points. Market Cap Day's Range $ 105.79 - $ 106.97 52wk Range $ 96.57 - $ 118.32 Gross Margin Dividend Yield What this transaction means for investors. Based on this transaction and the stock price's performance, this appears to be just a routine sale. As of this writing, over the last five years, Ameren's stock price has climbed 20.8%, and it is up 6.6% thus far in 2026, which is notable. That means the executive could just be locking in some gains. In addition, Martin still directly holds nearly 26,000 shares and indirectly holds 1,837 shares. That shows continued alignment with the company's future success, even after the sale of 971 shares. For what could be ahead for the company, analysts have a slightly favorable outlook. According to CNN, out of the 19 who cover the company, 58% rate it a buy, while 42% rate it a hold. From that group, the price target for Ameren stock over the next 12 months is $120, implying a potential 12.7% return from Ameren's stock price of $106.47 as of this writing. From that group, the lowest stock price target is $113, which would still represent a 6.1% gain. The highest price target in the group is $136, representing a 27.7% gain. One thing to watch with Ameren moving forward is its revenue and net income. Revenue is slightly slowing, with total operating revenue of $4.2 billion for the first six months of the year, down from $4.3 billion in the prior-year period. That said, it is squeezing more profit from lower revenue, reporting net income attributable to common shareholders of $671 million for the first six months of 2026, up from $564 million. It'll be worth it for shareholders to keep watching if that dynamic holds for the rest of the year. Should you buy stock in Ameren right now? Before you buy stock in Ameren, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now... and Ameren wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of its recommendation, you'd have $421,997!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of its recommendation, you'd have $1,413,876!* Now, it's worth noting Stock Advisor's total average return is 978% - a market-crushing outperformance compared to 213% for the S&P 500. Don't miss the latest top 10 list, available with Stock Advisor, and join an investing community built by individual investors for individual investors. *Stock Advisor returns as of September 5, 2026.

The Millcreek Energy Center and Missouri's energy future. Editor's Note: The following column was submitted by Rob Dixon, a vice-president for Ameren, regarding the proposed Millcreek Energy Center and the proposed Battery Energy Storage Systems (BESS). The Public Service Commission is hosting a public meeting Wednesday at 6 p.m. in Moscow Mills on the project. By Rob Dixon I was having coffee with a friend recently and, like many people, he expressed some frustration that the larger a proposed development project is, the fewer details seem to be available to the public. He lamented the fact that companies used to be proud of and transparent about the investments they were making in a community. But too often now, it feels like a shell game. Sadly, I couldn't necessarily disagree. That conversation also shapes how Ameren goes about communicating our proposed upgrades to the electric grid, including a battery storage facility that we are seeking to build on 12 acres of Ameren Missouri-owned property west of Highway 61 and just south of Tickridge Road. We've created a website just for the project at Ameren.com/Millcreek and genuinely want your feedback about the energy center. This spring, Lincoln County residents saw firsthand how important a resilient electric system is when severe weather moved through the area and an EF1 tornado touched down near Troy. Since 2019, Ameren Missouri has completed about 175 reliability projects in the region designed to reduce outages and improve service. Those investments have helped prevent storm-related outages, improve restoration capabilities and strengthen the electric system for customers. In May, we asked state regulators at the Missouri Public Service Commission for approval to build this battery storage facility. The public filing, which is available on the Commission's website, details how the project will improve reliability by helping keep power available when customers need it most by safely storing electricity and delivering it almost instantaneously back to the grid when demand is high or to combat extreme weather. If approved, the project could begin serving customers in 2028. Lincoln County homes, schools, farms and businesses depend on electricity every hour of every day, including during periods of high demand and extreme weather. The battery storage facility at Millcreek will safely keep power at the ready and help ensure customers in Lincoln County and the surrounding areas have their power needs met, even during the most challenging demands on the grid. The battery facility would be built on 12 acres, with an additional 12 acres used for a substation and switching equipment. More than 200 acres would remain largely undeveloped to provide a buffer for neighbors. These battery systems do not generate waste, odor, emissions or other byproducts. Built-in safety features and emergency plans are designed to protect both the community and the environment. Just as important as what this proposed facility is, is what this development isn't. This project is not a data center. It is not being built to attract a data center. It is being built for Ameren Missouri customers so they can have access to safe and reliable electricity. Like my father, brother and wife's late grandfather, I am a proud employee of Ameren Missouri. Our company has served customers in Missouri for more than 100 years, and we will serve Lincoln County for generations to come. Many Ameren Missouri employees live and work in Lincoln County and nearby communities, too. My late mother- and father-in-law called Troy home. This is a community we care about. As energy use continues to grow, Ameren Missouri is planning the resources needed to maintain reliable electric service. But we also know that being transparent, open and honest about how we are meeting those needs is more critical today than ever before. That's why we encourage you to visit the project's website, send us an email at [email protected] or give us a call at (877) 456-1535. Lastly, thank you for the opportunity to provide power to you, your neighbors and your family for the past 100 years. Rob Dixon serves as Ameren Missouri's vice president of regulatory and legislative affairs. Before joining Ameren Missouri, he was the director of the Missouri Department of Economic Development and a veteran of the U.S. Marine Corps.