[144] American Electric Power Company, Inc. SEC Filing
American Electric Power (AEP) submitted a Form 144 notice for a proposed sale of 3,428 shares of common stock, representing a small fraction of the company's outstanding equity. The shares are to be sold through Fidelity Brokerage Services on NASDAQ with an approximate aggregate market value of $387,466.84 and an approximate sale date of 08/15/2025. The securities listed were acquired via restricted stock vesting in February and March 2025 and were issued as compensation. The filer reports no other sales in the past three months and affirms no undisclosed material adverse information.
- None.
- None.
Insights
TL;DR: Proposed sale is immaterial relative to total shares outstanding and appears routine following restricted stock vesting.
The notice documents a small, single-owner sale of 3,428 common shares valued at roughly $387K executed through Fidelity on NASDAQ. Given the issuer's reported outstanding share count of 534,794,763, this disposal represents an immaterial percentage of equity and stems from compensation-related restricted stock vesting on specified dates in February and March 2025. There are no reported sales in the prior three months, which reduces concerns about concentrated divestiture. Impact on market supply and governance is likely negligible.
TL;DR: Filing signals routine executive/employee monetization of vested compensation with standard attestation.
The Form 144 provides required disclosures: broker, share count, aggregate market value, and acquisition details showing restricted stock vesting as the source. The filer’s attestation that no material nonpublic information exists and the absence of recent sales are consistent with compliance expectations. Because the sale is small versus the total outstanding shares, it does not raise immediate governance red flags or suggest insider liquidity events of material scale.