AEP (AEP) CEO William Fehrman receives 26,105 restricted stock units grant
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Fehrman William
Role
CEO and President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Resticted Stock Units | 26,105 | $130.24 | $3.40M |
Holdings After Transaction:
Resticted Stock Units — 143,607 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did AEP CEO William Fehrman report on this Form 4?
William Fehrman reported an award of 26,105 restricted stock units tied to AEP common stock. This is an equity compensation grant, not an open-market trade, and increases his directly reported holdings to 143,607 shares or units in the filing.
How many AEP restricted stock units were granted to the CEO in this award?
The CEO received 26,105 restricted stock units linked to AEP common stock. These units represent future rights to shares, contingent on vesting, and form part of his long-term incentive compensation rather than an immediate stock purchase in the market.
When do William Fehrman’s newly granted AEP restricted stock units vest?
The restricted stock units vest in three equal installments on February 21, 2027, February 21, 2028, and February 21, 2029. Each vesting date delivers a portion of the award as AEP common stock, assuming continued satisfaction of vesting conditions.
What does each AEP restricted stock unit reported in this Form 4 represent?
Each restricted stock unit represents a right to receive one share of AEP common stock upon vesting. This structure aligns the CEO’s compensation with shareholder interests over time, as value depends on both vesting and the company’s future share price performance.
Was this AEP Form 4 transaction a stock purchase or sale by the CEO?
No, the Form 4 shows a grant coded as an acquisition of restricted stock units, not an open-market stock purchase or sale. It reflects equity compensation awarded to the CEO, which converts into common shares only as the units vest over future years.