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American Electric Power’s Alicia Knapp leaves company

Alicia Knapp’s severance benefits and prorated equity vesting are conditional on her entering an agreement that includes a one-year noncompetition covenant.

(High)

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Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

Form Type
8-K

Rhea-AI Filing Summary

American Electric Power Company, Inc. (AEP) says Alicia Knapp, President Nuclear Development, left the company on September 29, 2026. Her involuntary separation triggers benefits under the Executive Severance Plan if she enters a severance, release of all claims and noncompetition agreement.

The plan provides one times her current salary and target annual incentive compensation, plus prorated vesting of performance shares and restricted stock units. The agreement would include a one-year noncompetition covenant and reaffirm non-solicitation, confidentiality, non-disparagement and cooperation covenants.

Insights

Analyzing...

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Severance compensation multiplier 1 times current salary and target annual incentive compensation Benefits under the Executive Severance Plan, conditional on entering the agreement
Noncompetition period 1 year Agreement term
Executive Severance Plan financial
"Under the Company’s Executive Severance Plan"
target annual incentive compensation financial
"one times her current salary and target annual incentive compensation"
prorated vesting financial
"prorated vesting of performance shares and restricted stock units"
restricted stock units financial
"performance shares and restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
noncompetition agreement regulatory
"release of all claims, and noncompetition agreement"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What severance benefits could Alicia Knapp receive from AEP?

Alicia Knapp could receive one times her current salary and target annual incentive compensation, plus prorated vesting of performance shares and restricted stock units. These benefits are tied to her involuntary separation and depend on her entering the specified agreement.

What restrictions would Alicia Knapp agree to under AEP’s severance agreement?

Alicia Knapp would agree not to compete with AEP for one year and reaffirm non-solicitation, confidentiality, non-disparagement and cooperation covenants. She would also release the company from claims she may lawfully release.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
0000004904false00000049042026-09-292026-09-290000004904exch:XNASus-gaap:CommonStockMember2026-09-292026-09-29

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 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)September 29, 2026
AMERICAN ELECTRIC POWER COMPANY, INC.
(Exact Name of Registrant as Specified in Its Charter)
New York1-352513-4922640
(State or Other Jurisdiction of (Commission File Number)(IRS Employer Identification
Incorporation)
No.)
1 Riverside Plaza,Columbus,OH43215
(Address of Principal Executive Offices)(Zip Code)
(Registrant's Telephone Number, Including Area Code)(614)716-1000
(Former Name or Former Address, if Changed Since Last Report)

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 (see General Instruction A.2. below):
☐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:
Title of each classTrading Symbol(s)Name of each exchange on which registered
Common Stock, $6.50 par valueAEPThe NASDAQ Stock Market LLC
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 5.02    Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
     
On September 29, 2026, Alicia Knapp, President Nuclear Development of American Electric Power (“AEP” or the “Company”), left the Company. Ms. Knapp’s involuntary separation triggers benefits to her under the Company’s Executive Severance Plan if she enters a severance, release of all claims, and noncompetition agreement (“Agreement”) with the Company. Under the Company’s Executive Severance Plan, the Company would provide Ms. Knapp one times her current salary and target annual incentive compensation, prorated vesting of performance shares and restricted stock units under the Company’s long-term incentive plan. By signing the Agreement, Ms. Knapp would release the Company from all claims that she may lawfully release, agree not to compete with the Company for one year, and re-affirm certain non-solicitation, confidentiality, non-disparagement and cooperation covenants with the Company.

104Cover Page Interactive Data File - The cover page iXBRL tags are embedded within the inline XBRL document.

SIGNATURE

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

AMERICAN ELECTRIC POWER COMPANY, INC.
By:/s/ David C. House
Name:David C. House
Title:Assistant Secretary

September 30, 2026

Filing Exhibits & Attachments

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