# EDGAR Filing Document

**Accession Number:** 0001692819
**File Stem:** 0001268406-25-000015
**Filing Date:** 2025-9
**Character Count:** 9095
**Document Hash:** b2df71bea368212c16e99c7523d43390
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001268406-25-000015.hdr.sgml**: 20250926

**ACCESSION NUMBER**: 0001268406-25-000015

**CONFORMED SUBMISSION TYPE**: 4

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250924

**FILED AS OF DATE**: 20250926

**DATE AS OF CHANGE**: 20250926

**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** BURKE JAMES A
- **CENTRAL INDEX KEY:** 0001268406

**ORGANIZATION NAME:**

**FILING VALUES:**
- **FORM TYPE:** 4
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-38086
- **FILM NUMBER:** 251351760

**MAIL ADDRESS:**
- **STREET 1:** 24 GREENWAY PLAZA
- **STREET 2:** SUITE 1946
- **CITY:** HOUSTON
- **STATE:** TX
- **ZIP:** 77046
**ISSUER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Vistra Corp.
- **CENTRAL INDEX KEY:** 0001692819
- **STANDARD INDUSTRIAL CLASSIFICATION:** ELECTRIC SERVICES [4911]
- **ORGANIZATION NAME:** 01 Energy & Transportation
- **EIN:** 364833255
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**BUSINESS ADDRESS:**
- **STREET 1:** 6555 SIERRA DRIVE
- **CITY:** IRVING
- **STATE:** TX
- **ZIP:** 75039
- **BUSINESS PHONE:** 214-812-4600

**MAIL ADDRESS:**
- **STREET 1:** 6555 SIERRA DRIVE
- **CITY:** IRVING
- **STATE:** TX
- **ZIP:** 75039

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Vistra Energy Corp.
- **DATE OF NAME CHANGE:** 20180201

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Vistra Energy Corp
- **DATE OF NAME CHANGE:** 20161221

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM 4

### STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

[x] Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>BURKE JAMES A<br><sub>(Last) (First) (Middle)</sub><br>6555 SIERRA DRIVE<br><sub>(Street)</sub><br>IRVING, TX 75039<br><sub>(City) (State) (Zip)</sub> | **3. Date of Earliest Transaction (Month/Day/Year)**<br>2025-09-24 | **5. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[X] Director [ ] 10% Owner<br>[X] Officer (give title below) [ ] Other (specify below)<br>_President and CEO_ |
| **2. Issuer Name and Ticker or Trading Symbol**<br>Vistra Corp. [ VST ] | **4. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[X] Form filed by One Reporting Person<br>[ ] Form filed by More than One Reporting Person |

---

## Table I - Non-Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | 3. Transaction Code (V) | 3. Transaction Code (V) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | Code | V | Amount | (A) or (D) | Price | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| Common Stock | 2025-09-24 |  | M<sup>(1)</sup> |  | 19200 | A | $14.03 | 257720 | D |  |
| Common Stock | 2025-09-24 |  | M<sup>(1)</sup> |  | 4800 | A | $19.68 | 262520 | D |  |
| Common Stock | 2025-09-24 |  | S<sup>(1)</sup> |  | 21371<sup>(2)</sup> | D | 203.82<sup>(3)</sup> | 241149 | D |  |
| Common Stock | 2025-09-25 |  | M<sup>(1)</sup> |  | 11452 | A | $14.03 | 252601 | D |  |
| Common Stock | 2025-09-25 |  | M<sup>(1)</sup> |  | 12548 | A | $19.68 | 265149 | D |  |
| Common Stock | 2025-09-25 |  | S<sup>(1)</sup> |  | 19200<sup>(4)</sup> | D | $200 | 245949 | D |  |
| Common Stock | 2025-09-25 |  | S<sup>(1)</sup> |  | 2179<sup>(5)</sup> | D | 199<sup>(6)</sup> | 243770 | D |  |
| Common Stock |  |  |  |  |  |  |  | 701514 | I | By JAMEB, LP, a limited partnership jointly owned by Reporting Person and his spouse |
| Common Stock |  |  |  |  |  |  |  | 34000 | I | By the James A. Burke 2012 Irrevocable Trust, dated 12/03/2012 |
| Common Stock |  |  |  |  |  |  |  | 259 | I | By the Marti E. Burke 2012 Irrevocable Trust, dated 10/16/2012 |

---

## Table II - Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | 4. Transaction Code (V) | 4. Transaction Code (V) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 6. Date Exercisable and Expiration Date | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Underlying Securities | 7. Title and Amount of Underlying Securities | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| 2016 Employee Stock Option (right to buy) | $14.03 | 2025-09-24 |  | M<sup>(1)</sup> |  |  | 19200 | <sup>(7)</sup> | 2026-10-11 | Common Stock | 19200 | $0 | 161453 | D |  |
| 2018 Employee Stock Option (right to buy) | $19.68 | 2025-09-24 |  | M<sup>(1)</sup> |  |  | 4800 | <sup>(8)</sup> | 2027-04-09 | Common Stock | 4800 | $0 | 514600 | D |  |
| 2016 Employee Stock Option (right to buy) | $14.03 | 2025-09-25 |  | M<sup>(1)</sup> |  |  | 11452 | <sup>(7)</sup> | 2026-10-11 | Common Stock | 11452 | $0 | 150001 | D |  |
| 2018 Employee Stock Option (right to buy) | $19.68 | 2025-09-25 |  | M<sup>(1)</sup> |  |  | 12548 | <sup>(8)</sup> | 2027-04-09 | Common Stock | 12548 | $0 | 502052 | D |  |

---

### Footnotes:

(1) This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 12, 2025.

(2) Includes an aggregate of approximately (i) 1,792 shares sold for the cashless exercise of the stock options; and (ii) 8,743 shares sold to pay taxes in connection with the exercise of the stock options.

(3) Represents a weighted-average price. These shares were sold in multiple transactions at prices ranging from $203.80 to $204.03, inclusive. For all transactions reported in this Form 4 utilizing a weighted-average price, the reporting person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.

(4) Includes an aggregate of approximately (i) 1,572 shares sold for the cashless exercise of the stock options; and (ii) 6,940 shares sold to pay taxes in connection with the exercise of the stock options.

(5) Includes an aggregate of approximately (i) 476 shares sold for the cashless exercise of the stock options; and (ii) 1,703 shares sold to pay taxes in connection with the exercise of the stock options.

(6) Represents a weighted-average price. These shares were sold in multiple transactions at prices ranging from $198.96 to $199.45, inclusive. For all transactions reported in this Form 4 utilizing a weighted-average price, the reporting person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.

(7) Options vested in four equal annual installments beginning October 3, 2017.

(8) Options vested 50% 4 years from the grant date with the remaining 50% vesting 5 years from the grant date.

**Signature:** /s/ Daniela Gutierrez, as Attorney-in-Fact  
**Date:** 2025-09-26

### Remarks:

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

**Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.**