[Form 4] AMERICAN ELECTRIC POWER CO INC Insider Trading Activity
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.
- 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
- None.
Insights
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.
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.