AEP (AEP) EVP receives 4,941-share grant, 158 shares withheld for taxes
Rhea-AI Filing Summary
AMERICAN ELECTRIC POWER CO INC Executive Vice President Kelly J. Ferneau reported equity compensation activity. On February 26, 2026, Ferneau acquired 4,941 shares of common stock as a grant or award at no cash price. On the same date, 158 common shares were disposed of to satisfy tax obligations through share withholding. After these transactions, Ferneau directly owned 20,193 common shares. A related footnote states that 4,783 vested performance share units were deferred into Career Shares (phantom stock) under an AEP plan, which will be paid out upon termination of employment.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 4,783 shares
Net Buy
2 txns
Insider
Ferneau Kelly J
Role
Executive Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,941 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 158 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 20,193 shares (Direct)
Footnotes (1)
- F1. Performance Share units awarded pursuant to the AEP Long-Term Incentive Plan. The reporting person deferred the receipt of 4783 vested performance units (net of taxes) into Career Shares (phantom stock) in AEP's Stock Ownership Requirement Plan. The Career Shares become payable upon the reporting person's termination of employment with AEP.
FAQ
What did AEP Executive Vice President Kelly J. Ferneau report on this Form 4 for AEP?
Kelly J. Ferneau reported an equity award and related tax withholding. Ferneau received 4,941 AEP common shares as a grant and 158 shares were withheld to cover taxes, leaving direct ownership of 20,193 common shares after the reported transactions.
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