Vistra Corp. CFO Kristopher Moldovan Sells $3.3M in Common Stock Under 10b5-1 Plan

Executive Summary

On October 7, 2026, Kristopher E. Moldovan, Executive Vice President and Chief Financial Officer of Vistra Corp. (NYSE: VST), sold 20,000 shares of common stock held indirectly through the Moldovan Family Living Trust UAD 10/08/2025. The shares were disposed of at a flat execution price of $165.00 per share, generating gross proceeds of $3,300,000.

Transaction Details

• Security: Common Stock
• Transaction Type: Open Market Sale (Code: S)
• Shares Sold: 20,000 shares
• Price Per Share: $165.00
• Total Transaction Value: $3,300,000
• Post-Transaction Holdings:
  • Indirect (Moldovan Family Living Trust): 179,044 shares
  • Direct: 26,045 shares
  • Combined Post-Transaction Ownership: 205,089 shares
• Plan Trading Indicator: The Form 4 indicates this trade was executed under a Rule 10b5-1 trading plan (<aff10b5One>1</aff10b5One>).

Market & Strategic Context

• Significance: Medium. While a $3.3M disposition by a sitting CFO is a substantial dollar amount, the sale represents roughly 8.9% of his combined direct and indirect equity stake, leaving him with over 205,000 shares valued at nearly $34 million at the transaction price.
• Pre-scheduled Nature: Because the transaction was executed pursuant to a Rule 10b5-1 trading arrangement, the timing and pricing parameters were pre-established, mitigating concerns about opportunistic trading ahead of near-term corporate developments.