# EDGAR Filing Document

**Accession Number:** 0000728391
**File Stem:** 0000728391-26-000031
**Filing Date:** 2026-6
**Character Count:** 8609
**Document Hash:** 92ea40b079543c502dfbb16a4e7b7c78
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000728391-26-000031.hdr.sgml**: 20260617

**ACCESSION NUMBER**: 0000728391-26-000031

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 12

**CONFORMED PERIOD OF REPORT**: 20260617

**ITEM INFORMATION**: Other Events

**FILED AS OF DATE**: 20260617

**DATE AS OF CHANGE**: 20260617

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** IPALCO ENTERPRISES, INC.
- **CENTRAL INDEX KEY:** 0000728391
- **STANDARD INDUSTRIAL CLASSIFICATION:** ELECTRIC SERVICES [4911]
- **ORGANIZATION NAME:** 01 Energy & Transportation
- **EIN:** 351575582
- **STATE OF INCORPORATION:** IN
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-08644
- **FILM NUMBER:** 261099435

**BUSINESS ADDRESS:**
- **STREET 1:** ONE MONUMENT CIRCLE
- **STREET 2:** PO BOX 1595
- **CITY:** INDIANAPOLIS
- **STATE:** IN
- **ZIP:** 46204
- **BUSINESS PHONE:** 3172618261

**MAIL ADDRESS:**
- **STREET 1:** ONE MONUMENT CIRCLE
- **STREET 2:** P.O. BOX 1595
- **CITY:** INDIANAPOLIS
- **STATE:** IN
- **ZIP:** 46204

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** IPALCO ENTERPRISES INC
- **DATE OF NAME CHANGE:** 19920703

?xml version='1.0' encoding='ASCII'? cik0000728391-20260617

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**WASHINGTON, DC 20549**

**FORM 8-K** 

**CURRENT REPORT**

**Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934**

Date of Report (Date of earliest event reported): June 17, 2026

**IPALCO ENTERPRISES, INC.** 

(Exact name of registrant as specified in its charter)

---

| | |
|:---|:---|
| **Indiana** | **35-1575582** |
| **(State or other jurisdiction of incorporation or organization)** | **(I.R.S Employer Identification No.)** |
| **One Monument Circle** | |
| **Indianapolis, Indiana** | **46204** |
| **(Address of principal executive offices)** | **(Zip code)** |
| **Registrant's telephone number, including area code:** | **(317)-261-8261** |

---

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

---

| | | |
|:---|:---|:---|
| Securities registered pursuant to Section 12(b) of the Act: | Securities registered pursuant to Section 12(b) of the Act: | Securities registered pursuant to Section 12(b) of the Act: |
| <u>Title of Each Class</u> | <u>Trading Symbol(s)</u> | <u>Name of Each Exchange on Which Registered</u> |
| N/A | N/A | N/A |

---

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

---

| | |
|:---|:---|
| Emerging growth company | **☐** |

---

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

------

**Item 8.01 &nbsp;&nbsp;&nbsp;&nbsp;Other Events**

On June 17, 2026, the Indiana Utility Regulation Commission (the "IURC") issued an order (the "Rate Order") approving in part the Stipulation and Settlement Agreement that Indianapolis Power & Light Company, doing business as AES Indiana ("AES Indiana"), a subsidiary of IPALCO Enterprises, Inc., entered into on October 15, 2025 with the AES Indiana Industrial Group, Walmart Inc., Rolls-Royce Corporation, and the City of Indianapolis in AES Indiana's base rate case filing. Among other matters, the Rate Order:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Establishes a revenue requirement of $1,979.7 million for AES Indiana's 2027 electric service base rates.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Provides for a return on common equity of 9.5% using the capital structure of 49.47% common equity and 50.53% long-term debt and cost of long-term debt of 5.34%.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Establishes a rate base of $5.5 billion for AES Indiana's 2027 electric service base rates.

AES Indiana will implement rates authorized under the Rate Order in two phases. Phase I rates are anticipated to be effective starting July 2026. Phase II rates are anticipated to be effective in January 2027.

AES Indiana's rate review case docket, which includes of copy of the Rate Order, is available through the IURC's online portal at <u>https://iurc.portal.in.gov</u> by searching Docketed Cases for Cause No. 46258. The information available through the portal or on the website of the IURC is not incorporated herein.

**Item 9.01&nbsp;&nbsp;&nbsp;&nbsp;Financial Statements and Exhibits**

*(d) Exhibits*

Exhibit 104 The cover page from this Current Report on Form 8-K, formatted in Inline XBRL.

**Forward-Looking Statements**

This current report contains forward-looking statements within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934. These statements include, but are not limited to, statements regarding management's intents, beliefs, and current expectations and typically contain, but are not limited to, the terms "anticipate," "potential," "expect," "forecast," "target," "will," "would," "intend," "believe," "project," "estimate," "plan" and similar words. Such forward-looking statements include, without limitation, statements with respect to return on and recovery of costs and expenses, the timing and implementation of rates and revenue increases, strategic objectives, management's expectations, or other anticipated matters in connection with the Rate Order and its effects, including those on the financial performance and condition of AES Indiana and IPALCO. Forward-looking statements are not intended to be a guarantee of future results, but instead constitute our current expectations based on reasonable assumptions. These assumptions include, but are not limited to, our expectations regarding timing of events, accurate projections of market conditions and regulatory rates, future interest rates, commodity prices, continued operating performance and electricity volume, as well as achievements of planned productivity improvements and growth investments at expected rates of return.

Actual results could differ materially from those projected in our forward-looking statements due to risks, uncertainties, and other factors. Important factors that could affect actual results are discussed in IPALCO's filings with the Securities and Exchange Commission (the "SEC"), including, but not limited to, the risks discussed under Item 1A: "Risk Factors" and Item 7: "Management's Discussion & Analysis" in IPALCO's 2025 Annual Report on Form 10-K and in subsequent reports filed with the SEC. Readers are encouraged to read IPALCO's filings to learn more about the risk factors associated with IPALCO's businesses. IPALCO undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. Any security holder who desires a copy of IPALCO's 2025 Annual

------

Report on Form 10-K, or subsequent filings with the SEC, may obtain a copy (excluding the exhibits thereto) without charge by addressing a request to the Office of the Secretary, IPALCO Enterprises, Inc., One Monument Circle, Indianapolis, Indiana 46204. Exhibits also may be requested, but a charge equal to the reproduction cost thereof may be made. A copy of the Annual Report on Form 10-K may also be obtained by visiting AES Indiana's website at <u>www.aesindiana.com</u>.

------

**SIGNATURES**

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **IPALCO Enterprises, Inc.**

---

| | | |
|:---|:---|:---|
| Date: June 17, 2026 | By: | /s/ Brian Hylander |
|  | Name: | Brian Hylander |
|  | Title: | Vice President, General Counsel and Secretary |

---