[Form 4] AMERICAN ELECTRIC POWER CO INC Insider Trading Activity

Rhea-AI Filing Summary

Joseph G. Sauvage, a director of American Electric Power Co., reported on Form 4 that on 09/30/2025 he acquired 377 phantom stock units. The filing shows the phantom units were recorded with a $0 conversion price and represent 377 underlying shares of AEP common stock, with an indicated AEP stock price of $112.50 at the time of the transaction. Following the reported transaction, the reporting person beneficially owned 790 shares directly. The filing includes an explanation that phantom stock units are paid in cash or shares upon termination of service unless deferred for up to five years. The form was signed by an attorney-in-fact on 10/02/2025.

Insights

Financial Analyst

TL;DR: Routine director compensation conversion; increases direct beneficial ownership to 790 shares, no cash purchase disclosed.

The Form 4 documents a non-derivative change tied to director compensation: 377 phantom stock units were converted into 377 underlying common shares effective 09/30/2025. The filing lists the phantom units with a $0 conversion price and references an AEP market price of $112.50 at the transaction time. This increases the reporting person\u2019s direct beneficial ownership to 790 shares. There are no indications of open-market purchases or sales or any debt/timing concerns in the filing. The disclosure aligns with routine equity compensation settlements for directors rather than active insider trading.

Corporate Governance Expert

TL;DR: Standard director award settlement; disclosure meets Section 16 reporting requirements.

The submission appears to be a standard Section 16 disclosure for settlement of director phantom stock units. The explanatory note clarifies that such units are payable in cash or shares upon termination unless deferred. The filing was executed by an attorney-in-fact and reports the post-transaction direct ownership level as 790 shares. No departures from expected governance disclosure practices are evident from the text provided.

SEC Form 4

FORM 4

UNITED 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

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Sauvage Joseph G

(Last) (First) (Middle)

1 RIVERSIDE PLAZA

(Street)

COLUMBUS OH 43215

(City) (State) (Zip)

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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
09/30/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Phantom Stock Units	$0	09/30/2025		A			377	(1)	(1)	Common Stock	377	$112.5(2)	790	D

Explanation of Responses:

1. Stock Units are paid to the director in cash or shares upon termination of service unless the director has elected to defer payment for a period that results in payment commencing not later than five years thereafter.

2. Was AEP Stock Price at the time of the transaction.

Remarks:

	David C. House, Attorney-in-Fact for Joseph G. Sauvage	10/02/2025
	** Signature of Reporting Person	Date
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).
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