AEP director receives phantom stock grant
Tucker Sara Martinez reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Tucker Sara Martinez reported acquisition or exercise transactions in this Form 4 filing.
American Electric Power director Sara Martinez Tucker reported routine compensation-related equity activity. She received a grant of phantom stock units under the AEP Stock Unit Accumulation Plan for Non-Employee Directors, tied in value to AEP common stock. These phantom units represent the right to receive the cash value of AEP shares after she leaves the Board, and may be shifted into alternative investments within the plan. Following these updates, her holdings include 1,815 shares of common stock and a deferred phantom stock account linked to AEP’s share price.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Units | 0 | $136.81 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Footnotes (3)
- F1. Amounts shown represent value in AEP Stock Plan under the AEP Stock Unit Accumulation Plan for Non-Employee Directors. Each share of phantom stock represents the right to receive the cash value of one share of AEP common stock.
- F2. Shares of phantom stock are payable in cash or shares following termination of the reporting person's service on the Board. The reporting person may transfer the phantom stock in the AEP Stock Plan account into an alternative investment account at any time.
- F3. Was AEP Stock Price at the time of the transaction.
Key Figures
Key Terms
Phantom Stock Units financial
AEP Stock Unit Accumulation Plan for Non-Employee Directors financial
alternative investment account financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did AEP director Sara Martinez Tucker report in this Form 4 for AEP?
What are phantom stock units in the AEP Stock Unit Accumulation Plan for Non-Employee Directors?
When are AEP phantom stock units payable to Sara Martinez Tucker?
Can AEP phantom stock in the director’s account be moved to other investments?
How many phantom stock units does Sara Martinez Tucker hold after this AEP Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.