AMERICAN ELECTRIC POWER CO INC (AEP) EVP gets stock grant, shares withheld for tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
AMERICAN ELECTRIC POWER CO INC Executive Vice President Robert Berntsen received a grant of 9 shares of common stock at 132.3100 per share. On the same date, 4 shares were disposed of to cover tax obligations, leaving him with 21,397 directly owned shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Berntsen Robert
Role
Executive Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 9 | $132.31 | $1K |
| Tax Withholding | Common Stock | 4 | $132.31 | $529.24 |
Holdings After Transaction:
Common Stock — 21,401 shares (Direct)
Footnotes (1)
FAQ
What insider transactions did AEP Executive Vice President Robert Berntsen report?
Robert Berntsen reported receiving a grant of 9 shares of AMERICAN ELECTRIC POWER CO INC common stock, then disposing of 4 shares to cover tax obligations. After these transactions, he directly owned 21,397 shares according to the reported holdings in the Form 4 filing.
Was the AEP Form 4 transaction by Robert Berntsen a market purchase or sale?
The Form 4 shows a grant or award of 9 shares, not an open-market purchase, and a tax-withholding disposition of 4 shares, not an open-market sale. These entries reflect compensation-related and tax-related activity rather than discretionary buying or selling in the market.
What do the A and F transaction codes mean in the AEP Form 4 for Robert Berntsen?
Code A indicates a grant, award, or other acquisition of 9 common shares for Robert Berntsen. Code F indicates a disposition of 4 shares used to pay tax liability or exercise costs, meaning the shares were withheld for obligations rather than sold on the open market.
Does the AEP Form 4 for Robert Berntsen indicate any derivative security exercises?
The Form 4 data show no derivative transactions for Robert Berntsen in this filing. All reported activity involves non-derivative common stock, consisting of a 9-share grant and a 4-share tax-withholding disposition, with no option exercises or other derivative events listed.