AEP CEO awarded 26,105 restricted stock units
Fehrman William reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Fehrman William reported acquisition or exercise transactions in this Form 4 filing.
The filing shows that American Electric Power CEO and President William Fehrman received an award of 26,105 restricted stock units on AEP common stock. These units were granted as a form of equity compensation, not as an open-market share purchase or sale.
Each restricted stock unit represents a right to receive AEP common stock when it vests. The award vests in three equal installments on February 21, 2027, February 21, 2028, and February 21, 2029. After this grant, Fehrman directly holds 143,607 shares or units reported in this filing.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Resticted Stock Units | 26,105 | $130.24 | $3.40M |
Footnotes (1)
- F1. Each restricted stock unit represents a right to receive AEP common stock upon vesting. The restricted stock units vest in three equal installments on February 21, 2027, February 21, 2028, and February 21, 2029.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did AEP CEO William Fehrman report on this Form 4?
How many AEP restricted stock units were granted to the CEO in this award?
When do William Fehrman’s newly granted AEP restricted stock units vest?
What does each AEP restricted stock unit reported in this Form 4 represent?
Was this AEP Form 4 transaction a stock purchase or sale by the CEO?
AI-generated analysis. How Rhea-AI works. Not financial advice.