[Form 4] AMERICAN ELECTRIC POWER CO INC Insider Trading Activity
Lewis Von Thaer, a director of American Electric Power (AEP), acquired 377 phantom stock units on 09/30/2025 that mirror common stock. The filing shows the units were reported as an acquisition and are tied to 377 underlying shares with an indicated AEP stock price of $112.50 at the time of the transaction. After the reported transaction, the reporting person beneficially owned 7,144 shares of AEP on a direct basis.
The filing notes that these stock units are paid in cash or shares upon termination of service unless the director elected deferred payment within permitted limits. The Form 4 was signed by an attorney-in-fact and filed regarding a single reporting person who is a director.
Lewis Von Thaer, direttore di American Electric Power (AEP), ha maturato 377 unità di azioni fantasma il 30/09/2025, che riflettono azioni ordinarie. Il deposito mostra che le unità sono state riportate come acquisizione e sono collegate a 377 azioni sottostanti con un prezzo indicato di $112,50 per azione al momento della transazione. Dopo l’operazione, la persona che riporta deteneva beneficiariamente 7.144 azioni di AEP in modo diretto.
Il deposito precisa che queste unità azionarie vengono pagate in contanti o azioni al termine del servizio, salvo diversa scelta di pagamento differito entro i limiti consentiti. Il Modulo 4 è stato firmato da un procuratore e presentato riguardo a una sola persona riportante che è un direttore.
Lewis Von Thaer, director de American Electric Power (AEP), adquirió 377 unidades fantasma el 30/09/2025 que reflejan acciones ordinarias. El documento indica que las unidades se reportaron como una adquisición y están vinculadas a 377 acciones subyacentes con un precio de acción de $112,50 indicado en el momento de la transacción. Después de la transacción reportada, el informante poseía beneficiosamente 7.144 acciones de AEP de forma directa.
El documento señala que estas unidades de acciones se pagan en efectivo o en acciones al terminar el servicio, a menos que el director haya elegido el pago diferido dentro de los límites permitidos. El Formulario 4 fue firmado por un apoderado y presentado respecto a una sola persona informante que es director.
루이스 폰 타에르(Lewis Von Thaer), American Electric Power(AEP) 이사의, 2025년 9월 30일에 일반주를 모방한 팬텀 주식 377주를 취득했다. 공시는 이 단위가 취득으로 보고되었고 기초 주식 377주와 연계되며 거래 시점의 AEP 주가가 112.50달러로 표시되어 있음을 보여준다. 보고된 거래 이후 보고자는 직접적으로 7,144주의 AEP 주식을 실질적으로 보유했다.
공시는 이 주식 단위가 서비스 종료 시 현금 또는 주식으로 지급되며, 이사가 허용된 한도 내에서 연기 지급을 선택하지 않는 한 지급된다. Form 4는 대리인에 의해 서명되었고 한 명의 보고 대상인 이사가 관련된 단일 보고인에 대해 제출되었다고 명시되어 있다.
Lewis Von Thaer, administrateur d’American Electric Power (AEP), a acquis 377 unités d’actions fantômes le 30/09/2025, qui reflètent des actions ordinaires. Le dossier indique que les unités ont été déclarées comme acquisition et sont liées à 377 actions sous-jacentes avec un cours AEP indiqué de 112,50 dollars au moment de la transaction. Après la transaction reportée, la personne déclarante détenait bénéfiquement 7 144 actions d’AEP de manière directe.
Le dossier précise que ces unités d’actions sont payées en espèces ou en actions lors de la cessation de service, à moins que le directeur n’ait choisi un paiement différé dans les limites permises. Le Formulaire 4 a été signé par un mandataire et déposé concernant une seule personne déclarante qui est directeur.
Lewis Von Thaer, Direktor von American Electric Power (AEP), erwarb am 30.09.2025 377 Phantomaktien-Einheiten, die echte Stammaktien nachbilden. Die Einreichung zeigt, dass die Einheiten als Erwerb gemeldet wurden und an 377 Basisaktien gekoppelt sind, mit einem angegebenen AEP-Aktienkurs von 112,50 USD zum Zeitpunkt der Transaktion. Nach der gemeldeten Transaktion besaß der meldepflichtige Person direkt wirtschaftlich 7.144 AEP-Aktien.
Die Einreichung vermerkt, dass diese Aktieneinheiten bei Beendigung des Dienstverhältnisses in Bargeld oder in Aktien ausgezahlt werden, es sei denn, der Direktor wählte eine zahlungsaufschiebende Auszahlung innerhalb der zulässigen Grenzen. Das Formular 4 wurde von einem Bevollmächtigten unterzeichnet und in Bezug auf eine einzelne meldende Person eingereicht, die Direktor ist.
ليس بليك فند ثائر، مدير في شركة American Electric Power (AEP)، اشترى 377 وحدة أسهم وهمية في 30/09/2025 تعكس أسهم عادية. يظهر الملف أن الوحدات أُثيرت كم adquisición وترتبط بـ377 سهمًا أساسيًا ب سعر سهم AEP المذكور $112.50 وقت المعاملة. بعد المعاملة المذكورة، امتلك المبلغ المصرّح صحته فعليًا 7,144 سهمًا من AEP بشكل مباشر.
يشير الملف إلى أن هذه الوحدات تُدفع نقدًا أو أسهم عند انتهاء الخدمة ما لم يختر المدير الدفع المؤجل ضمن الحدود المسموح بها. تم توقيع النموذج 4 بواسطة وكيل وتم تقديمه بخصوص شخص واحد مبلّغ عنه وهو مدير.
Lewis Von Thaer，美国电力公司(AEP)的董事，于2025-09-30 获得377单位 phantom stock，这些单位反映普通股。 报告显示该单位被作为取得进行报告，并与377股基础股票相关，交易时标示的 AEP 股价为 $112.50。在报告的交易之后，披露人直接受益持有 7,144 股 AEP。
文件指出这些股票单位在服务终止时以现金或股票形式支付，除非董事在允许的范围内选择延迟支付。Form 4 由一名代理签署，并就唯一的披露人（董事）提交。
- Director equity alignment: 377 phantom stock units granted, linking director compensation to AEP share performance
- Clear disclosure: Filing reports transaction date (09/30/2025), underlying shares (377) and resulting direct ownership (7,144)
- None.
Insights
TL;DR: Director received a standard deferred/phantom equity grant representing 377 underlying shares; ownership increased to 7,144 shares.
This Form 4 documents a routine director compensation event: acquisition of 377 phantom stock units dated 09/30/2025, recorded at an indicated per-share price of $112.50. Such units typically align director incentives with shareholder value without immediate share issuance. The reportable increase to 7,144 directly owned shares is material only to disclosure of insider holdings; the transaction itself does not indicate cash proceeds or sale activity. Impact on share count and dilution is negligible from a single director phantom-unit grant, and no derivative exercisability or expiration terms beyond the payment-upon-termination note are provided in the filing.
TL;DR: Compensation-related phantom units granted to a director, consistent with standard board pay practices; disclosure meets Section 16 requirements.
The filing identifies Lewis Von Thaer as a director and reports the acquisition of phantom stock units that convert to cash or shares upon termination unless deferred. This structure is commonly used to align director interests with long-term performance while managing immediate dilution. The Form 4 shows clear reporting of ownership post-transaction and includes the customary explanatory remark on payout mechanics. No departure from typical governance or compensation disclosure norms is evident in the document.
Lewis Von Thaer, direttore di American Electric Power (AEP), ha maturato 377 unità di azioni fantasma il 30/09/2025, che riflettono azioni ordinarie. Il deposito mostra che le unità sono state riportate come acquisizione e sono collegate a 377 azioni sottostanti con un prezzo indicato di $112,50 per azione al momento della transazione. Dopo l’operazione, la persona che riporta deteneva beneficiariamente 7.144 azioni di AEP in modo diretto.
Il deposito precisa che queste unità azionarie vengono pagate in contanti o azioni al termine del servizio, salvo diversa scelta di pagamento differito entro i limiti consentiti. Il Modulo 4 è stato firmato da un procuratore e presentato riguardo a una sola persona riportante che è un direttore.
Lewis Von Thaer, director de American Electric Power (AEP), adquirió 377 unidades fantasma el 30/09/2025 que reflejan acciones ordinarias. El documento indica que las unidades se reportaron como una adquisición y están vinculadas a 377 acciones subyacentes con un precio de acción de $112,50 indicado en el momento de la transacción. Después de la transacción reportada, el informante poseía beneficiosamente 7.144 acciones de AEP de forma directa.
El documento señala que estas unidades de acciones se pagan en efectivo o en acciones al terminar el servicio, a menos que el director haya elegido el pago diferido dentro de los límites permitidos. El Formulario 4 fue firmado por un apoderado y presentado respecto a una sola persona informante que es director.
루이스 폰 타에르(Lewis Von Thaer), American Electric Power(AEP) 이사의, 2025년 9월 30일에 일반주를 모방한 팬텀 주식 377주를 취득했다. 공시는 이 단위가 취득으로 보고되었고 기초 주식 377주와 연계되며 거래 시점의 AEP 주가가 112.50달러로 표시되어 있음을 보여준다. 보고된 거래 이후 보고자는 직접적으로 7,144주의 AEP 주식을 실질적으로 보유했다.
공시는 이 주식 단위가 서비스 종료 시 현금 또는 주식으로 지급되며, 이사가 허용된 한도 내에서 연기 지급을 선택하지 않는 한 지급된다. Form 4는 대리인에 의해 서명되었고 한 명의 보고 대상인 이사가 관련된 단일 보고인에 대해 제출되었다고 명시되어 있다.
Lewis Von Thaer, administrateur d’American Electric Power (AEP), a acquis 377 unités d’actions fantômes le 30/09/2025, qui reflètent des actions ordinaires. Le dossier indique que les unités ont été déclarées comme acquisition et sont liées à 377 actions sous-jacentes avec un cours AEP indiqué de 112,50 dollars au moment de la transaction. Après la transaction reportée, la personne déclarante détenait bénéfiquement 7 144 actions d’AEP de manière directe.
Le dossier précise que ces unités d’actions sont payées en espèces ou en actions lors de la cessation de service, à moins que le directeur n’ait choisi un paiement différé dans les limites permises. Le Formulaire 4 a été signé par un mandataire et déposé concernant une seule personne déclarante qui est directeur.
Lewis Von Thaer, Direktor von American Electric Power (AEP), erwarb am 30.09.2025 377 Phantomaktien-Einheiten, die echte Stammaktien nachbilden. Die Einreichung zeigt, dass die Einheiten als Erwerb gemeldet wurden und an 377 Basisaktien gekoppelt sind, mit einem angegebenen AEP-Aktienkurs von 112,50 USD zum Zeitpunkt der Transaktion. Nach der gemeldeten Transaktion besaß der meldepflichtige Person direkt wirtschaftlich 7.144 AEP-Aktien.
Die Einreichung vermerkt, dass diese Aktieneinheiten bei Beendigung des Dienstverhältnisses in Bargeld oder in Aktien ausgezahlt werden, es sei denn, der Direktor wählte eine zahlungsaufschiebende Auszahlung innerhalb der zulässigen Grenzen. Das Formular 4 wurde von einem Bevollmächtigten unterzeichnet und in Bezug auf eine einzelne meldende Person eingereicht, die Direktor ist.
FAQ
What did Lewis Von Thaer report on AEP Form 4 (AEP)?
How many AEP shares does Lewis Von Thaer own after this transaction?
At what price were the units reported for AEP on the Form 4?
When was the Form 4 for Lewis Von Thaer filed and signed?
What are the payout terms for the phantom stock units reported?
