American Electric Power: Garcia acquires 379 stock units
The phantom stock units are payable in cash or shares after Art A. Garcia's service on the Board ends.
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Rhea-AI Filing Summary
American Electric Power Co. Inc. (AEP) director Art A. Garcia acquired phantom stock units on September 30, 2026, tied to 379 shares of common stock. The reported AEP stock price was $118.64 per share, and his reported balance after the transaction was 3,256 phantom stock units. Under the plan, phantom stock is payable in cash or shares following termination of Board service.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Units F1, F3, F2 | 0 | $118.64 | $0.00 |
Footnotes (3)
- F1. 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.
- F2. 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.
- F3. Was AEP Stock Price at the time of the transaction.
Key Figures
Key Terms
Phantom Stock Units financial
AEP Stock Unit Accumulation Plan for Non-Employee Directors financial
alternative investment account financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How many AEP phantom stock units did director Art A. Garcia acquire?
How are AEP phantom stock units paid out?
AI-generated analysis. How Rhea-AI works. Not financial advice.