AEP director granted 310 phantom units tied to stock

American Electric Power Company director Lewis Von Thaer received a new grant of Phantom Stock Units tied to common stock.

Rhea-AI Filing Summary

American Electric Power Company director Lewis Von Thaer received a new grant of Phantom Stock Units tied to common stock. The award covers 310 underlying shares of common stock at a reference price of $136.81 per share and is classified as a grant or award acquisition.

Following this compensation grant, Von Thaer holds 8,320 Phantom Stock Units directly. According to the terms, these Stock Units are settled in cash or shares when the director’s board service ends, unless payment is deferred for up to five additional years.

Insider Trade Summary

Grant/Award: 0 shares

Grant/Award 1 txn

Insider Von Thaer Lewis

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Phantom Stock Units	0	$136.81	$0.00

Holdings After Transaction: Phantom Stock Units — 8,320 contracts (Direct)

Footnotes (2)

1. F1. Stock Units are paid to the director in cash or shares upon termination of service unless the director has elected to defer payment for a period that results in payment commencing not later than five years thereafter.
2. F2. Was AEP Stock Price at the time of the transaction.

Key Figures

Underlying common shares for new grant: 310 shares Reference stock price: $136.81 per share Phantom Stock Units after grant: 8,320 units

3 metrics

Underlying common shares for new grant 310 shares Phantom Stock Unit award underlying American Electric Power common stock

Reference stock price $136.81 per share AEP stock price at time of Phantom Stock Unit grant

Phantom Stock Units after grant 8,320 units Total Phantom Stock Units held directly by Lewis Von Thaer

Key Terms

Phantom Stock Units, Stock Units, grant, award, or other acquisition

3 terms

Phantom Stock Units financial

"security_title": "Phantom Stock Units""

Phantom stock units are company promises that pay a cash or stock-equivalent award tied to the firm’s share price or value growth, but they do not issue actual shares. Think of them as a bonus check that moves with the stock like a mirror rather than handing over an ownership slice. Investors care because these awards can affect a company’s future cash obligations, executive incentives and reported expenses without causing share dilution.

Stock Units financial

"Stock Units are paid to the director in cash or shares upon termination"

Stock units are individual pieces of ownership in a company, like slices of a pie that together make up the whole business. They matter to investors because each unit represents a claim on the company’s assets, profits and sometimes voting power, and changes in the number or value of these units affect ownership percentages, potential dividends and share dilution — all of which influence an investment’s worth.

grant, award, or other acquisition financial

"transaction_code_description": "Grant, award, or other acquisition""

FAQ

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

What insider transaction did American Electric Power (AEP) director Lewis Von Thaer report?

Lewis Von Thaer reported receiving a grant of Phantom Stock Units tied to AEP common stock. The award covers 310 underlying shares as director compensation, reflecting a non-cash equity-linked benefit rather than an open-market stock purchase or sale.

How many Phantom Stock Units does Lewis Von Thaer hold after this AEP Form 4 filing?

After the reported grant, Lewis Von Thaer holds 8,320 Phantom Stock Units. These units track the value of American Electric Power common stock and are settled in cash or shares when his board service ends, subject to any permitted deferral election.

What was the reference stock price used for Lewis Von Thaer’s Phantom Stock Unit grant at AEP?

The Phantom Stock Unit grant used a reference AEP stock price of $136.81 per share. This price is noted in the filing footnote as the American Electric Power stock price at the time of the transaction, helping define the value of the grant.

When are American Electric Power Phantom Stock Units for directors typically paid out?

Phantom Stock Units for AEP directors are generally paid in cash or shares when board service ends. Directors may elect to defer payment, but the filing states payout must start no later than five years after that termination date under the plan’s terms.

Does Lewis Von Thaer’s AEP Form 4 reflect an open-market stock purchase or sale?

No, the Form 4 reflects a grant of Phantom Stock Units as compensation, not an open-market trade. The transaction code is “A,” described as a grant, award, or other acquisition, and is categorized as a derivative security linked to AEP common stock.

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

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Accepted by SEC EDGAR 07/01/2026 - 02:00 PM EDT Learn about SEC filing dates

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).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Von Thaer Lewis

(Last) (First) (Middle)

1 RIVERSIDE PLAZA

(Street)

COLUMBUS OHIO 43215

(City) (State) (Zip)

UNITED STATES

(Country)

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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/30/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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

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
Phantom Stock Units	$0	06/30/2026		A		0		(1)	(1)	Common Stock	310	$136.81(2)	8,320	D

Explanation of Responses:

1. Stock Units are paid to the director in cash or shares upon termination of service unless the director has elected to defer payment for a period that results in payment commencing not later than five years thereafter.

2. Was AEP Stock Price at the time of the transaction.

Remarks:

	/s/ David C. House, Attorney-in Fact for Lewis Von Thaer	07/01/2026
	** 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.
* Form 4: SEC 1474 (03-26)