American Electric Power (AEP) EVP Ferneau sells stock and withholds shares for RSU taxes
Rhea-AI Filing Summary
American Electric Power executive Kelly J. Ferneau reported multiple share dispositions. On February 24, 2026, Ferneau executed an open-market sale of 1,351 restricted stock units at $131.46 per share, leaving 15,410 shares directly owned after this sale. This sale was carried out under a pre-established Rule 10b5-1 trading plan adopted on May 15, 2025.
On February 23, 2026, three additional Form 4 transactions labeled with code F show dispositions of 136, 165, and 288 shares of common stock at $132.03 per share. Footnotes state these shares were withheld from vesting restricted stock unit awards to cover tax liabilities, indicating they were not discretionary open-market sales.
Positive
- None.
Negative
- None.
Insights
Modest, mostly routine insider share dispositions with one planned sale.
Executive Vice President Kelly J. Ferneau reported an open-market sale of 1,351 restricted stock units at
Additional transactions on
After the reported open-market sale, Ferneau directly owned 15,410 shares, according to the filing. Overall, this mix of a relatively small planned sale and tax-withholding transactions appears routine and does not, by itself, indicate a material change in governance or strategy.