STOCK TITAN

AEP (AEP) director Art A. Garcia receives phantom stock unit award

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

GARCIA ART A reported acquisition or exercise transactions in this Form 4 filing.

AMERICAN ELECTRIC POWER CO INC director Art A. Garcia received a grant of phantom stock units as board compensation. The award represents 310 underlying shares of common stock at a reference price of $136.81 per share, increasing his total phantom stock units in the plan to 2,852.

Each phantom stock unit tracks the value of one share of AEP common stock and is payable in cash or shares after Garcia’s board service ends. He may transfer these phantom units into an alternative investment account at any time, making this a non‑market, compensation-related transaction rather than an open‑market trade.

Positive

  • None.

Negative

  • None.
Insider GARCIA ART A
Role null
Type Security Shares Price Value
Grant/Award Phantom Stock Units 0 $136.81 --
Holdings After Transaction: Phantom Stock Units — 2,852 shares (Direct, null)
Footnotes (1)
  1. 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. 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. Was AEP Stock Price at the time of the transaction.
Underlying shares for grant 310 shares Phantom stock unit award underlying AEP common stock
Reference stock price $136.81 per share AEP stock price at time of phantom stock transaction
Phantom units after transaction 2,852 units Total phantom stock units in AEP Stock Plan following grant
Derivative transactions reported 1 transaction Single derivative-type grant/award acquisition on this Form 4
Phantom Stock Units financial
"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."
Phantom stock units are company promises that pay a cash or stock-equivalent award tied to the firm’s share price or value growth, but they do not issue actual shares. Think of them as a bonus check that moves with the stock like a mirror rather than handing over an ownership slice. Investors care because these awards can affect a company’s future cash obligations, executive incentives and reported expenses without causing share dilution.
AEP Stock Unit Accumulation Plan for Non-Employee Directors financial
"Amounts shown represent value in AEP Stock Plan under the AEP Stock Unit Accumulation Plan for Non-Employee Directors."
alternative investment account financial
"The reporting person may transfer the phantom stock in the AEP Stock Plan account into an alternative investment account at any time."
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SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
GARCIA ART A

(Last)(First)(Middle)
1 RIVERSIDE PLAZA

(Street)
COLUMBUS OHIO 43215

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
AMERICAN ELECTRIC POWER CO INC [ AEP ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/30/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Phantom Stock Units(1)$006/30/2026A0(1) (2) (2)Common Stock310(1)$136.81(3)2,852D
Explanation of Responses:
1. 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.
2. 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.
3. Was AEP Stock Price at the time of the transaction.
Remarks:
/s/ David C. House, Attorney-in-Fact for Art A. Garcia07/01/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did AEP director Art A. Garcia report in this Form 4 for AEP?

Art A. Garcia reported receiving a grant of phantom stock units tied to 310 underlying AEP common shares. These units are board compensation and increase his total phantom stock holdings in the plan to 2,852 units, without any open-market share purchase or sale.

Are the AEP phantom stock units in this Form 4 an open-market purchase or sale?

No, the phantom stock units reflect a grant or award, not an open-market trade. They are part of the AEP Stock Unit Accumulation Plan for Non-Employee Directors and are payable later in cash or shares, based on AEP’s common stock value.

What does the $136.81 figure mean in Art A. Garcia’s AEP Form 4 filing?

The $136.81 figure is the AEP stock price at the time of the phantom stock grant. It serves as a reference value for the 310 underlying common shares tied to the phantom units, but does not represent an actual cash payment or trade price.

When will Art A. Garcia receive value from these AEP phantom stock units?

The phantom stock units are payable in cash or AEP shares after Garcia’s service on the board ends. Until then, they track the value of AEP common stock and may be transferred into an alternative investment account within the AEP Stock Unit Accumulation Plan.