[Form 4] AMERICAN ELECTRIC POWER CO INC Insider Trading Activity
Alicia R. Knapp, Executive Vice President of American Electric Power Co Inc (AEP), reported acquisitions of restricted stock units on 09/29/2025. She received 4,136 RSUs that vest in three equal installments on February 21 of 2026, 2027 and 2028 and 5,875 RSUs that vest in three equal installments on October 1 of 2026, 2027 and 2028, for a total of 10,011 RSUs. Each RSU is reported at a price of $109.78. The Form 4 was signed by an attorney-in-fact on 09/30/2025.
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Insights
TL;DR: Officer purchase of 10,011 RSUs aligns compensation with shareholder value and creates potential future dilution when vested.
The report documents non-derivative grants of 10,011 restricted stock units to an executive, split into two award grants with distinct vesting schedules in February and October across 2026-2028. The RSUs are reported at $109.78 per unit, reflecting the grant valuation for reporting purposes. These awards are compensation-based and will convert to common shares upon vesting, increasing outstanding shares only upon settlement. No options, dispositions, or cash purchases are disclosed. Impact on near-term EPS is likely limited until vesting and settlement occur.
TL;DR: Grants follow standard multi-year vesting schedules, indicating retention-focused compensation with customary reporting compliance.
The Form 4 shows time-based RSUs that vest in equal tranches over three years for each grant, a common approach to align executive incentives with long-term performance. The filing identifies the reporting person as an officer and discloses the total post-transaction beneficial ownership of 10,011 RSUs. The form is properly signed by an attorney-in-fact, consistent with procedural norms. No departures, accelerated vesting, or derivative transactions are reported.