The company said that on December 24, 2024, its board increased the size of the board from 10 to 11 members and elected Robert C. Walters to the board, effective immediately.

1. 01

   The company said that on December 24, 2024, its board increased the size of the board from 10 to 11 members and elected Robert C. Walters to the board, effective immediately.

2. 02

   Vistra said it appointed Walters to the Sustainability and Risk Committee and the Nominating and Governance Committee, and that the board determined he meets the New York Stock Exchange listing standards for independence.

3. 03

   Vistra said Walters retired from Gibson Dunn & Crutcher LLP in 2023 and previously served as executive vice president and general counsel of Energy Future Holdings Corp. His director compensation consists of an annual cash retainer of $100,000, an additional $10,000 for each board committee he serves on, and an annual grant of restricted stock units with a grant-date fair value of $180,000.

4. 04

   The company said there are no related person transactions under Item 404(a) of Regulation S-K between Walters and the company. It also issued a press release on December 30, 2024 announcing the appointment, and Walters will enter into the company's standard indemnification agreement for directors.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.