AEP executive awarded 4,798 restricted stock units
Cannon Douglas A reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Cannon Douglas A reported acquisition or exercise transactions in this Form 4 filing.
American Electric Power executive Douglas A. Cannon, President of AEP Transmission, received a grant of 4,798 restricted stock units of AEP common stock. The award is valued at $130.24 per unit and increases his directly held equity awards to 27,760 units.
The restricted stock units vest in three equal installments on February 21, 2027, February 21, 2028, and February 21, 2029. Each unit represents the right to receive one share of AEP common stock upon vesting, tying a portion of his compensation to the company’s long-term performance.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Resticted Stock Units | 4,798 | $130.24 | $625K |
Footnotes (1)
- F1. Each restricted stock unit represents a right to receive AEP common stock upon vesting. The restricted stock units vest in three equal installments on February 21, 2027, February 21, 2028, and February 21, 2029.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did AEP executive Douglas A. Cannon report on this Form 4?
At what price were Douglas A. Cannon’s AEP restricted stock units granted?
How and when do Douglas A. Cannon’s new AEP restricted stock units vest?
How many AEP equity awards does Douglas A. Cannon hold after this Form 4 transaction?
Does this AEP Form 4 show a stock sale by Douglas A. Cannon?
AI-generated analysis. How Rhea-AI works. Not financial advice.