STOCK TITAN

AEP Form 4/A Corrects RSU Vesting to Oct 31, 2027 for EVP Ulrich

(Neutral)
(Neutral)
Form Type
4/A

Rhea-AI Filing Summary

Phillip R. Ulrich, identified as an Executive Vice President of American Electric Power Company, acquired 5,141 restricted stock units (RSUs) with a transaction dated 11/01/2024. The filing shows Ulrich beneficially owns 13,786 AEP shares following the reported transaction. The RSUs are a contingent right to receive AEP common stock upon vesting.

The amended Form 4 corrects the vesting schedule: the RSUs now vest on October 31, 2027, replacing an earlier incorrect statement that they would vest in three equal installments on October 1 of 2025, 2026, and 2027.

Positive

  • Amendment clarifies vesting schedule by specifying that the RSUs vest on October 31, 2027.
  • Disclosure lists the specific award and holdings: acquisition of 5,141 RSUs and beneficial ownership of 13,786 shares.

Negative

  • Original filing contained an error—it incorrectly reported vesting in three equal installments on October 1, 2025, 2026, and 2027.
  • Correction required, indicating the initial public disclosure did not accurately describe award terms.

Insights

TL;DR: Amendment clarifies executive award timing; routine disclosure with limited investor impact.

The amendment provides a clear correction to the vesting schedule for 5,141 RSUs awarded to Executive Vice President Phillip R. Ulrich, consolidating vesting to a single date of October 31, 2027. Accurate disclosure of equity award terms is important for governance transparency and for calculating potential future dilution and executive alignment. The filing shows 13,786 shares beneficially owned after the transaction, which is useful context for ownership concentration but is not presented as a material change to outstanding shares.

TL;DR: Corrected vesting date matters for compensation accounting and timing of potential share issuance.

This Form 4/A amends the vesting schedule for RSUs tied to Phillip R. Ulrich, confirming a single vesting on October 31, 2027 rather than staggered annual vesting. For pay‑for‑performance assessments and fiscal reporting, the corrected vesting date affects when the recipient becomes eligible to receive company stock and when expense recognition would occur. The record shows acquisition of 5,141 RSUs and beneficial ownership of 13,786 shares post-transaction, which are the primary disclosed compensation figures in this filing.

Insider Ulrich Phillip R.
Role Executive Vice President
Type Security Shares Price Value
Grant/Award Restricted Stock Units 5,141 $97.25 $500K
Holdings After Transaction: Restricted Stock Units — 13,786 shares (Direct)
Footnotes (1)
  1. F1. The restricted stock units represent a contingent right to receive AEP common stock upon vesting. The restricted stock units vest on October 31, 2027.

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

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FAQ

What did Phillip R. Ulrich acquire according to the AEP Form 4/A?

The filing reports acquisition of 5,141 restricted stock units (RSUs) with a transaction date of 11/01/2024.

When do the RSUs vest for AEP EVP Phillip R. Ulrich?

The RSUs vest on October 31, 2027 as corrected in the amended filing.

How many AEP shares does Phillip R. Ulrich beneficially own after the transaction?

The Form shows 13,786 shares beneficially owned following the reported transaction.

What correction was made in this Form 4/A for AEP (AEP)?

The amendment corrects a footnote that previously stated vesting would occur in three equal installments on October 1, 2025, 2026, and 2027; the correct vesting date is October 31, 2027.

What is the reporting person's role at American Electric Power?

The reporting person is Phillip R. Ulrich, listed as an Executive Vice President.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
Ulrich Phillip R.

(Last) (First) (Middle)
1 RIVERSIDE PLAZA

(Street)
COLUMBUS OH 43215

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
AMERICAN ELECTRIC POWER CO INC [ AEP ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Executive Vice President
3. Date of Earliest Transaction (Month/Day/Year)
11/01/2024
4. If Amendment, Date of Original Filed (Month/Day/Year)
01/10/2025
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Restricted Stock Units 11/01/2024 A 5,141(1) A $97.25 13,786 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. The restricted stock units represent a contingent right to receive AEP common stock upon vesting. The restricted stock units vest on October 31, 2027.
Remarks:
In the original filing submitted on January 10, 2025, the restricted stock units vesting date in footnote 1 was incorrectly reported as vesting in three equal installments on October 1, 2025, October 1, 2026, and October 1, 2027.
/s/ David C. House, Attorney-in-fact for Phillip R. Ulrich 08/05/2025
** Signature of Reporting Person Date
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.