American Electric Power insider files Form 144 to sell 1,281 shares
Rhea-AI Filing Summary
Form 144 notice by an AEP insider to sell newly vested restricted common stock. The filer proposes to sell 1,281 shares of common stock through Fidelity Brokerage Services LLC on or about 10/02/2025, with an aggregate market value reported as $143,472.00 and total shares outstanding listed as 534,794,763. The securities were acquired by restricted stock vesting from the issuer on 10/01/2025, and payment is described as compensation. The filer reports no securities sold in the past three months for the account. The notice includes the required representation that the seller is not aware of undisclosed material adverse information.
Positive
- None.
Negative
- None.
Insights
TL;DR: Small, routine insider sale of newly vested shares; likely administrative transfer rather than market-moving.
The notice documents a proposed sale of 1,281 shares with an aggregate market value of $143,472.00, representing a de minimis portion of the issuer's 534,794,763 outstanding shares. The shares were acquired via restricted stock vesting the day before the proposed sale and are to be executed through Fidelity Brokerage Services. No prior sales in the past three months are reported, and payment is identified as compensation. From a market-impact perspective, the transaction appears immaterial in size relative to outstanding equity and is consistent with routine post-vesting disposition by insiders.
TL;DR: Disclosure aligns with Rule 144 requirements; includes standard representations and signature attestation.
The form includes required Rule 144 elements: identity of broker, number of shares, acquisition date and nature (restricted stock vesting), intended sale date, and the representation about material non-public information. The filer also indicates no aggregated sales in the prior three months. Procedurally, the filing appears complete for a Rule 144 notice tied to compensation vesting, meeting standard governance and disclosure expectations for an insider sale of this size.