AEP Insider Filing: 377 Phantom Units Settled to 377 Shares at $112.50

Rhea-AI Filing Summary

Daryl Roberts, a director of American Electric Power Company, reported a transaction on Form 4 showing acquisition of 377 phantom stock units on 09/30/2025 that were settled as 377 shares of Common Stock. After the reported transaction he beneficially owned 9,729 shares directly. The filing states the phantom units are paid in cash or shares upon termination of service unless deferred, and it notes the AEP stock price at the time was $112.50. The form was signed by an attorney-in-fact on 10/02/2025.

Positive

• Insider ownership disclosed: The filing reports director Daryl Roberts directly beneficially owns 9,729 shares, increasing transparency
• Compensation mechanics clarified: The form explicitly states phantom stock units can be paid in cash or shares, giving clarity on director pay settlement

Negative

• None.

Insights

Financial Analyst

TL;DR Director Daryl Roberts received 377 phantom units that converted to 377 shares, bringing his direct holdings to 9,729 shares.

The transaction is a routine director compensation settlement rather than an open-market purchase or sale. The reported price reference of $112.50 appears to reflect the company share price at settlement. For investors this is a disclosure of insider ownership levels but does not indicate a material change in control or a market-moving trade given the modest absolute share count reported.

Corporate Governance Expert

TL;DR This Form 4 documents standard director compensation settlement of phantom stock units into common shares.

The filing explains the phantom units' payout mechanics (cash or shares on termination unless deferred) and records direct beneficial ownership post-transaction as 9,729 shares. The signature by an attorney-in-fact is properly indicated. This disclosure meets Section 16 reporting requirements for insiders but contains no information about policy changes or governance events.

10/02/2025 - 12:09 PM

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^*

Roberts Daryl

(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)	9,729	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:

	/s/ David C. House, Attorney-in-Fact for Daryl Roberts	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).
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.

FAQ

What did AEP director Daryl Roberts report on Form 4?

He reported acquisition of 377 phantom stock units settled as 377 shares of Common Stock, bringing direct ownership to 9,729 shares.

When was the reported transaction and when was the Form 4 signed?

The transaction date is 09/30/2025 and the form was signed by attorney-in-fact on 10/02/2025.

What settlement price is referenced in the Form 4?

The filing notes the AEP stock price at the time of the transaction was $112.50.

How are the phantom stock units paid according to the filing?

The filing states phantom stock units are paid in cash or shares upon termination of service unless the director elected to defer payment.

Does the Form 4 indicate joint filing or multiple reporting persons?

No, the form indicates it was filed by one reporting person.