AEP director receives 368 phantom stock units

American Electric Power director Hunter C. Gary reported an automatic award of phantom stock units.

Rhea-AI Filing Summary

American Electric Power director Hunter C. Gary reported an automatic award of phantom stock units. On 12/31/2025, he acquired 368 phantom stock units at an AEP stock price of $115.31, bringing his total derivative holdings of these units to 3,336, held directly.

These stock units are designed to mirror AEP’s common stock and are paid to the director in cash or shares when board service ends, unless he has elected to defer payment so that it begins within five years after that termination date.

Insider Trade Summary

Grant/Award: 368 shares

Grant/Award 1 txn

Insider GARY HUNTER CLARK

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Phantom Stock Units	368	$115.31	$42K

Holdings After Transaction: Phantom Stock Units — 3,336 contracts (Direct)

Footnotes (2)

1. F1. 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. F2. Was AEP Stock Price at the time of the transaction.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did AEP (AEP) director Hunter C. Gary report?

Hunter C. Gary reported acquiring 368 phantom stock units tied to American Electric Power. The transaction occurred on 12/31/2025 and increased his total phantom stock unit holdings to 3,336, according to the Form 4 filed for his director-level compensation.

What are the terms of Hunter C. Gary’s phantom stock units at AEP (AEP)?

The phantom stock units are paid to the director in cash or AEP shares when board service ends. He may elect to defer this payment, but it must begin no later than five years after the termination of his service as a director.

At what price were the AEP (AEP) phantom stock units valued in this Form 4?

The 368 phantom stock units were valued using an AEP stock price of $115.31 at the time of the 12/31/2025 transaction. This price is referenced in the filing as the AEP stock price when the units were credited.

How many AEP (AEP) phantom stock units does Hunter C. Gary hold after this transaction?

After the 12/31/2025 award, Hunter C. Gary beneficially owns 3,336 phantom stock units. These holdings are reported as directly owned derivative securities that track the value of AEP’s common stock for director compensation purposes.

Is Hunter C. Gary’s AEP (AEP) phantom stock unit award paid immediately?

The phantom stock unit award is not necessarily paid immediately. It is generally paid in cash or AEP shares upon termination of his board service, unless he elects to defer payment, which must commence within five years after that termination date.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 01/05/2026 - 01:59 PM EST Learn about SEC filing dates

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

GARY HUNTER CLARK

(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)
12/31/2025

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	12/31/2025		A		368		(1)	(1)	Common Stock	368	$115.31(2)	3,336	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 Hunter C. Gary	01/05/2026
	** 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.