Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-06-23

Vistra Corp. (VST)

Fiscal year 2025 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$15,989,188
James A. Burke total, FY2025
50th
CEO pay percentile vs peers
117:1
CEO-to-median pay ratio
96.91%
Say-on-pay support, latest vote
Companies that benchmark against VST
2 companies name VST as a compensation peer

Each company listed discloses VST in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named VST in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
James A. Burke$1,391,731$0$11,433,561$0$2,965,508$0$198,388$15,989,188
President and Chief Executive Officer
Stacey Dor654,72205,197,0480869,952035,7986,757,520
Chief Strategy and Sustainability Officer & Executive Vice President Public Affairs
Kristopher E. Moldovan665,14805,197,0480810,155036,9386,709,289
Executive Vice President and Chief Financial Officer
Scott A. Hudson649,99502,598,5240838,155042,3284,129,002
Executive Vice President and President Vistra Retail
Stephanie Zapata Moore604,77301,818,8600709,044038,2063,170,883
Executive Vice President, General Counsel, and Chief Compliance Officer

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY20242025
James A. Burke$15,989,188
Stacey Dor6,757,5204,833,7684,554,571+1,923,752
Kristopher E. Moldovan6,709,289
Scott A. Hudson4,129,002
Stephanie Zapata Moore3,170,883

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

02

Equity transactions since the proxy statement was filed

Every insider equity transaction reported on Form 4 after the 2025 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.

InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Scott B. HelmDirector2026-05-15A2,008$0$0CommonForm 4 ↗
Lisa CrutchfieldDirector2026-05-15A1,26800CommonForm 4 ↗
Gavin R. BaieraDirector2026-05-15A1,26800CommonForm 4 ↗
Paul M. BarbasDirector2026-05-15A1,26800CommonForm 4 ↗
Arcilia C. AcostaDirector2026-05-15A1,26800CommonForm 4 ↗
Hilary E. AckermannDirector2026-05-15A1,26800CommonForm 4 ↗
Robert C. WaltersDirector2026-05-15A1,26800CommonForm 4 ↗
Julie A. LagacyDirector2026-05-15A1,26800CommonForm 4 ↗
John R. (J. R.) SultDirector2026-05-15A1,26800CommonForm 4 ↗
John W. (Bill) PitesaDirector2026-05-15A1,26800CommonForm 4 ↗
Margaret MontemayorSVP, Chief Accounting Officer2026-05-27D5,000165824,800CommonForm 4 ↗
Margaret MontemayorSVP, Chief Accounting Officer2026-06-02D4,600160736,000CommonForm 4 ↗
Paul M. BarbasDirector2026-06-12D24414836,095CommonForm 4 ↗
Paul M. BarbasDirector2026-06-12D24415337,332CommonForm 4 ↗
Scott B. HelmDirector2026-06-16D25,0001604,000,000CommonForm 4 ↗
John R. (J. R.) SultDirector2026-06-18D6,5001701,105,000CommonForm 4 ↗
Arcilia C. AcostaDirector2026-06-18D7,5001651,237,800CommonForm 4 ↗
Arcilia C. AcostaDirector2026-06-18D7,5001701,275,000CommonForm 4 ↗

Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.

03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Kristopher E. MoldovanRSU2025-03-0513,786$1,749,995
Scott A. HudsonRSU2025-03-056,893874,997
Kristopher E. MoldovanPSU2025-03-0512,80125,60251,2043,447,053
Scott A. HudsonPSU2025-03-056,40112,80125,6021,723,527
Stephanie Zapata MooreRSU2025-03-054,825612,486
Stephanie Zapata MoorePSU2025-03-054,4808,96017,9201,206,374
Stacey DorPSU2025-03-0512,80125,60251,2043,447,053
James A. BurkePSU2025-03-0528,16356,325112,6507,583,598
Stacey DorRSU2025-03-0513,7861,749,995
James A. BurkeRSU2025-03-0530,3293,849,963
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Kristopher E. Moldovan$1,749,995$3,447,053$066.3%
Scott A. Hudson874,9971,723,527066.3%
Stephanie Zapata Moore612,4861,206,374066.3%
Stacey Dor1,749,9953,447,053066.3%
James A. Burke3,849,9637,583,598066.3%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
James A. BurkeRSU320,000$51,625,600
James A. BurkeRSU159,67625,760,529
Kristopher E. MoldovanRSU136,88822,084,141
James A. BurkeOption145,68722.98
James A. BurkePSU29,1884,708,900
James A. BurkeOption86,63318.9
Kristopher E. MoldovanOption013.26
James A. BurkeOption99,36426.56
James A. BurkePSU28,6604,623,718
Scott A. HudsonPSU9,8261,585,229
Scott A. HudsonRSU54,7468,832,172
Kristopher E. MoldovanRSU68,43211,040,135
James A. BurkePSU112,65018,173,825
Scott A. HudsonPSU16,0002,581,280
Scott A. HudsonPSU25,6024,130,371
Stephanie Zapata MoorePSU17,9202,891,034
Kristopher E. MoldovanRSU13,7862,224,095
Kristopher E. MoldovanPSU12,2831,981,616
James A. BurkeRSU1,141184,078
Scott A. HudsonRSU117,33218,929,172
James A. BurkePSU35,5565,736,249
Kristopher E. MoldovanPSU18,6673,011,547
Scott A. HudsonOption81,58522.98
Scott A. HudsonOption53,65626.56
James A. BurkeOption014.03
Kristopher E. MoldovanPSU51,2048,260,741
Scott A. HudsonRSU6,8931,112,048
Stephanie Zapata MooreRSU4,825778,417
05

Incentive-plan design — the Compensation Discussion & Analysis

Vistra has a strong pay-for-performance compensation philosophy, which places an emphasis on pay-at-risk, such that a significant portion of our executive officers compensation is comprised of variable compensation.

CEO STI target (% of salary)150%
CEO LTI target (% of salary)
Independent consultantMercer (US) LLC
Clawback policytrue
Anti-hedging
Anti-pledgingTrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-04-29261,024,7898,309,496286,96696.91%Passed
20252025-04-30262,998,2997,462,968321,79797.24%Passed
20242024-05-01304,395,9663,365,159890,49498.91%Passed
20232023-05-02274,370,74152,534,7441,066,08883.93%Passed
20222022-05-03349,500,9398,136,3871,139,57797.72%Passed
20212021-04-28377,730,81517,247,3721,023,26695.63%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20262026-04-2996.91%a
20252025-04-3097.24%b
20242024-05-0198.91%c

a. Approved under the standard stated in the filing — “Brokers have no discretion to vote Abstentions have no effect Advisory Vote on our 2025 Named Executive Officer Compensation Affirmative vote of at least a majority of the voting power represented in person or by proxy at the meeting and entitled to vote thereon No effect.”.

b. Approved under the standard stated in the filing — “Brokers have no discretion to vote Abstentions have no effect Advisory Vote on our 2024 Named Executive Officer Compensation Affirmative vote of at least a majority of the voting power represented in person or by proxy at the meeting and entitled to vote thereon No effect.”.

c. Approved under the standard stated in the filing — “Brokers have no discretion to vote Abstentions have no effect Advisory Vote on our 2023 Named Executive Officer Compensation Affirmative vote of at least a majority of the voting power represented in person or by proxy at the meeting and entitled to vote thereon No effect.”.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

07

CEO pay ratio

Ratio (CEO : median employee)117 : 1
CEO total compensation$15,989,188
Median employee compensation$137,164
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Scott B. HelmNot independent · Board Chair$205,000$284,994$0$0$3,497$493,491
John W. (Bill) PitesaIndependent · Generation and Safety Oversight (Chair) · Social Responsibility and Compensation Committee145,000179,93900750325,689
Julie A. LagacyIndependent · Nominating and Governance (Chair) · Sustainability and Risk Committee140,000179,93900750320,689
Hilary E. AckermannIndependent · Sustainability and Risk (Chair) · Generation and Safety Oversight Committee140,000179,939000319,939
John R. (J. R.) SultIndependent · Audit (Chair)135,000179,93900750315,689
Paul M. BarbasIndependent · Audit · Nominating and Governance · Generation and Safety Oversight Committee130,000179,93900750310,689
Lisa CrutchfieldIndependent · Social Responsibility and Compensation (Chair)130,000179,939000309,939
Arcilia C. AcostaIndependent · Audit Committee · Nominating and Governance120,000179,939002,485302,424
Gavin R. BaieraIndependent · Social Responsibility and Compensation Committee · Sustainability and Risk120,000179,939001,735301,674
Robert C. WaltersIndependent · Nominating and Governance · Sustainability and Risk92,609179,939000272,548
James A. BurkeEmployee director00000
09

Board fee structure and ownership guideline

Annual cash retainer$100,000
Annual equity retainer$180,000
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)100,000
Stock ownership guideline6x annual cash board retainer
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$1,357,609
Equity awards (grant-date value)$1,904,445
All other compensation$10,717
Total cost of the board$3,272,771

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10

Disclosed peer group — fiscal year 2025

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

10a

Peer reciprocity

Of the companies Vistra Corp. names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including Vistra Corp..

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1NRG Energy, Inc.2025Lawrence Coben$1,473,423$16,764,473$0$3,505,230$21,788,422
2Constellation Energy Corp.2025Joseph Dominguez1,481,25012,100,48702,649,92817,115,179
3Entergy Corporation2025Andrew Marsh1,286,3466,951,8931,647,4842,614,95016,752,589
4Vistra Corp.2025James A. Burke1,391,73111,433,56102,965,50815,989,188
5Public Service Enterprise Group Incorporated2025Ralph LaRossa1,386,0009,000,15302,563,40013,866,735
6The AES Corporation2025Andrés Gluski1,241,0005,019,11702,568,8709,153,896
7UGI Corporation2025Robert Flexon1,021,7225,426,95001,843,4748,991,090

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

10c

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
Vistra Corp.143%PSU 65 · RSU 35NoMercer (US) LLC
Constellation Energy Corp.112.69%PSU 67 · RSU 33Yes — Relative TSRMeridian Compensation Partners
Entergy Corporation149%PSU 60 · Options 20 · RSU 20Yes — Relative TSRPay Governance, LLC
NRG Energy, Inc.158%PSU 67 · RSU 33Yes — Relative TSR vs S&P 500 constituentsPay Governance
Public Service Enterprise Group Incorporatednot disclosedPSU 70 · RSU 30Yes — Relative TSR versus peer panelCompensation Advisory Partners (CAP)
The AES Corporationnot disclosednot disclosednot disclosedMeridian Compensation Partners
UGI Corporation139.9%PSU 60 · RSU 40Yes — Annualized TSRPay Governance LLC (through January 31, 2025) and Meridian Compensation Partners, LLC (beginning February 1, 2025)

Read from each company's Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company's filing does not state the item.

FAQ

Frequently asked questions

Who was the highest-paid executive at Vistra Corp. in fiscal 2025?
The highest-paid executive at Vistra Corp. in fiscal 2025 was James A. Burke, President and Chief Executive Officer, with total compensation of $15,989,188.
How does Vistra Corp.'s chief executive pay compare to its disclosed peer group?
The filing shows that the CEO's pay percentile among disclosed peers was the 50th percentile.
What is Vistra Corp.'s CEO-to-median employee pay ratio?
The company reported a CEO-to-median employee pay ratio of 117:1.
How did shareholders vote on Vistra Corp.'s executive compensation?
Shareholders approved the executive compensation plan with 96.91% support in the latest vote.
How much does Vistra Corp. spend in total on board compensation for fiscal 2025?
The total board compensation for fiscal 2025 was $3,272,771.

Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, James A. BurkeDEF 14A2026-03-180001628280-26-019029Section “SUMMARY COMPENSATION TABLE—2025”. As printed: 15,989,188. Filing ↗machine: r3 · c30 · span 1095432–1095442
2Section 01, Stacey DorDEF 14A2026-03-180001628280-26-019029Section “SUMMARY COMPENSATION TABLE—2025”. As printed: 6,757,520. Filing ↗machine: t214 · span 1112086–1112095
3Section 01, Kristopher E. MoldovanDEF 14A2026-03-180001628280-26-019029Section “SUMMARY COMPENSATION TABLE—2025”. As printed: 6,709,289. Filing ↗machine: r6 · c30 · span 1103720–1103729
4Section 01, Scott A. HudsonDEF 14A2026-03-180001628280-26-019029Section “SUMMARY COMPENSATION TABLE—2025”. As printed: 4,129,002. Filing ↗machine: r12 · c30 · span 1120420–1120429
5Section 01, Stephanie Zapata MooreDEF 14A2026-03-180001628280-26-019029Section “SUMMARY COMPENSATION TABLE—2025”. As printed: 3,170,883. Filing ↗machine: t214 · r16 · c15 · span 1129111–1129120
6Section 03, Kristopher E. Moldovan RSUDEF 14A2026-03-180001628280-26-019029Section “Grants of Plan-Based Awards – 202” · grants of plan-based awards table. Filing ↗machine: t199 · r4 · c6 · span 1017310–1017316
7Section 03, Scott A. Hudson RSUDEF 14A2026-03-180001628280-26-019029Section “Grants of Plan-Based Awards – 202” · grants of plan-based awards table. Filing ↗machine: t199 · r6 · c6 · span 1020240–1020245
8Section 03, Kristopher E. Moldovan PSUDEF 14A2026-03-180001628280-26-019029Section “GRANTS OF PLAN-BASED AWARDS—2025” · grants of plan-based awards table. Filing ↗machine: t220 · r10 · c15 · span 1188656–1188665
9Section 03, Scott A. Hudson PSUDEF 14A2026-03-180001628280-26-019029Section “GRANTS OF PLAN-BASED AWARDS—2025” · grants of plan-based awards table. Filing ↗machine: t220 · r16 · c15 · span 1207882–1207891
10Section 03, Stephanie Zapata Moore RSUDEF 14A2026-03-180001628280-26-019029Section “Grants of Plan-Based Awards – 202” · grants of plan-based awards table. Filing ↗machine: t199 · r7 · c6 · span 1021934–1021939
11Section 03, Stephanie Zapata Moore PSUDEF 14A2026-03-180001628280-26-019029Section “GRANTS OF PLAN-BASED AWARDS—2025” · grants of plan-based awards table. Filing ↗machine: t220 · r19 · c15 · span 1217495–1217504
12Section 03, Stacey Dor PSUDEF 14A2026-03-180001628280-26-019029Section “Grants of Plan-Based Awards – 202” · grants of plan-based awards table. Filing ↗machine: t220 · span 1198270–1198279
13Section 03, James A. Burke PSUDEF 14A2026-03-180001628280-26-019029Section “GRANTS OF PLAN-BASED AWARDS—2025” · grants of plan-based awards table. Filing ↗machine: t220 · r7 · c15 · span 1179036–1179045
14Section 03, Stacey Dor RSUDEF 14A2026-03-180001628280-26-019029Section “Grants of Plan-Based Awards – 202” · grants of plan-based awards table. Filing ↗machine: t220 · span 1201369–1201378
15Section 03, James A. Burke RSUDEF 14A2026-03-180001628280-26-019029Section “Grants of Plan-Based Awards – 202” · grants of plan-based awards table. Filing ↗machine: t199 · r3 · c6 · span 1015926–1015932
16Section 07, pay ratioDEF 14A2026-03-180001628280-26-019029Section “CEO Pay Ratio”. As printed: 117 : 1. Filing ↗machine: span 1611770–1611775
17Section 08, Scott B. HelmDEF 14A2026-03-180001628280-26-019029Section “Director Compensation”. As printed: 493,491. Filing ↗machine: t241 · r8 · c11 · span 1547583–1547590
18Section 08, John W. (Bill) PitesaDEF 14A2026-03-180001628280-26-019029Section “Director Compensation”. As printed: 325,689. Filing ↗machine: t241 · r10 · c11 · span 1551677–1551684
19Section 08, Julie A. LagacyDEF 14A2026-03-180001628280-26-019029Section “Director Compensation”. As printed: 320,689. Filing ↗machine: t241 · r9 · c11 · span 1549627–1549634
20Section 08, Hilary E. AckermannDEF 14A2026-03-180001628280-26-019029Section “Director Compensation”. As printed: 319,939. Filing ↗machine: t241 · r3 · c11 · span 1537411–1537418
21Section 08, John R. (J. R.) SultDEF 14A2026-03-180001628280-26-019029Section “Director Compensation”. As printed: 315,689. Filing ↗machine: t241 · r11 · c11 · span 1553726–1553733
22Section 08, Paul M. BarbasDEF 14A2026-03-180001628280-26-019029Section “Director Compensation”. As printed: 310,689. Filing ↗machine: t241 · r6 · c11 · span 1543490–1543497
23Section 08, Lisa CrutchfieldDEF 14A2026-03-180001628280-26-019029Section “Director Compensation”. As printed: 309,939. Filing ↗machine: t241 · r7 · c11 · span 1545539–1545546
24Section 08, Arcilia C. AcostaDEF 14A2026-03-180001628280-26-019029Section “Director Compensation”. As printed: 302,424. Filing ↗machine: t241 · r4 · c11 · span 1539401–1539408
25Section 08, Gavin R. BaieraDEF 14A2026-03-180001628280-26-019029Section “Director Compensation”. As printed: 301,674. Filing ↗machine: t241 · r5 · c11 · span 1541447–1541454
26Section 08, Robert C. WaltersDEF 14A2026-03-180001628280-26-019029Section “Director Compensation”. As printed: 272,548. Filing ↗machine: t241 · r12 · c11 · span 1556159–1556166
27Section 08, James A. BurkeDEF 14A2026-03-180001628280-26-019029Section “Director Compensation”. As printed: 0. Filing ↗
28Section 02, Scott B. Helm 2026-05-15Form 42026-05-190001711936-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
29Section 02, Lisa Crutchfield 2026-05-15Form 42026-05-190001564675-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
30Section 02, Gavin R. Baiera 2026-05-15Form 42026-05-190001605616-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
31Section 02, Paul M. Barbas 2026-05-15Form 42026-05-190001176453-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
32Section 02, Arcilia C. Acosta 2026-05-15Form 42026-05-190001629039-26-000010Insider equity transaction reported since the proxy statement. Filing ↗
33Section 02, Hilary E. Ackermann 2026-05-15Form 42026-05-190001558582-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
34Section 02, Robert C. Walters 2026-05-15Form 42026-05-190002051447-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
35Section 02, Julie A. Lagacy 2026-05-15Form 42026-05-190001712567-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
36Section 02, John R. (J. R.) Sult 2026-05-15Form 42026-05-190001342932-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
37Section 02, John W. (Bill) Pitesa 2026-05-15Form 42026-05-190002015795-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
38Section 02, Margaret Montemayor 2026-05-27Form 42026-05-290001602114-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
39Section 02, Margaret Montemayor 2026-06-02Form 42026-06-040001602114-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
40Section 02, Paul M. Barbas 2026-06-12Form 42026-06-160001176453-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
41Section 02, Paul M. Barbas 2026-06-12Form 42026-06-160001176453-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
42Section 02, Scott B. Helm 2026-06-16Form 42026-06-180001711936-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
43Section 02, John R. (J. R.) Sult 2026-06-18Form 42026-06-230001342932-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
44Section 02, Arcilia C. Acosta 2026-06-18Form 42026-06-230001629039-26-000016Insider equity transaction reported since the proxy statement. Filing ↗
45Section 02, Arcilia C. Acosta 2026-06-18Form 42026-06-230001629039-26-000016Insider equity transaction reported since the proxy statement. Filing ↗
46Section 06, 2026 voteForm 8-K2026-05-040001140361-26-018872Item 5.07 · say-on-pay result. As reported: 96.91% (votes for as printed: 261,024,789). Filing ↗
47Section 06, 2025 voteForm 8-K2025-05-050001193125-25-112869Item 5.07 · say-on-pay result. As reported: 97.24% (votes for as printed: 262,998,299). Filing ↗
48Section 06, 2024 voteForm 8-K2024-05-060001193125-24-131947Item 5.07 · say-on-pay result. As reported: 98.91% (votes for as printed: 304,395,966). Filing ↗
49Section 01 trend, Δ column (computed)ComputedcomputedΔ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
50Section 03b vehicle mix (computed)ComputedcomputedRSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
51Section 09b board cost (computed)ComputedcomputedCash 1,357,609 + equity 1,904,445 + all other 10,717 = 3,272,771, summed across the director compensation table rows.machine: formula: Σ = 3,272,771
52NRG Energy, Inc., Section 10b CEO totalDEF 14A2026-03-180001104659-26-030844CEO total compensation as printed in NRG Energy, Inc.'s own proxy. As printed: 21,788,422. Filing ↗machine: t178 · r1 · c48 · span 1523683–1523693
53Constellation Energy Corp., Section 10b CEO totalDEF 14A2026-03-190001552781-26-000140CEO total compensation as printed in Constellation Energy Corp.'s own proxy. As printed: 17,115,179. Filing ↗machine: t410 · r7 · c8 · span 1175299–1175309
54Entergy Corporation, Section 10b CEO totalDEF 14A2026-03-270000065984-26-000211CEO total compensation as printed in Entergy Corporation's own proxy. As printed: 16,752,589. Filing ↗machine: r3 · c27 · span 1089446–1089457
55Vistra Corp. (subject), Section 10b CEO totalDEF 14A2026-03-180001628280-26-019029CEO total compensation as printed in Vistra Corp.'s own proxy. As printed: 15,989,188. Filing ↗machine: r3 · c30 · span 1095432–1095442
56Public Service Enterprise Group Incorporated, Section 10b CEO totalDEF 14A2026-03-120001193125-26-104270CEO total compensation as printed in Public Service Enterprise Group Incorporated's own proxy. As printed: 13,866,735. Filing ↗machine: t131 · r4 · c19 · span 2441876–2441886
57The AES Corporation, Section 10b CEO totalDEF 14A2026-03-200000874761-26-000070CEO total compensation as printed in The AES Corporation's own proxy. As printed: 9,153,896. Filing ↗machine: t103 · span 799934–799943
58UGI Corporation, Section 10b CEO totalDEF 14A2025-12-170001104659-25-122095CEO total compensation as printed in UGI Corporation's own proxy. As printed: 8,991,090. Filing ↗machine: r9 · c9 · span 830980–830989
59Section 10a, Entergy Corporation reciprocityDEF 14A0000065984-26-000211Entergy Corporation's most recent proxy was read; its disclosed peer group does not include Vistra Corp.. Filing ↗
60Section 10a, The AES Corporation reciprocityDEF 14A0000874761-26-000070The AES Corporation's most recent proxy was read; its disclosed peer group does not include Vistra Corp.. Filing ↗
61Section 10a, NRG Energy, Inc. reciprocityDEF 14A0001104659-26-030844NRG Energy, Inc.'s most recent proxy was read; its disclosed peer group does not include Vistra Corp.. Filing ↗
62Section 10a, Constellation Energy Corp. reciprocityDEF 14A0001552781-26-000140Constellation Energy Corp. names Vistra Corp. in its own disclosed peer group (read from its most recent proxy). Filing ↗
63Section 10a, UGI Corporation reciprocityDEF 14A0001104659-25-122095UGI Corporation's most recent proxy was read; its disclosed peer group does not include Vistra Corp.. Filing ↗