Executive stock grant at American Electric Power (AEP) EVP on Form 4 filing
Rhea-AI Filing Summary
American Electric Power’s Executive Vice President Phillip R. Ulrich reported a grant of restricted stock units. On January 9, 2026, he acquired 21,383 restricted stock units at a reference price of $116.91 per unit. Each unit represents a contingent right to receive AEP common stock after vesting. These restricted stock units are scheduled to vest on January 9, 2031, subject to his continuous employment with AEP. Following this grant, Ulrich beneficially owns 37,596 non-derivative AEP securities directly.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Resticted Stock Units | 21,383 | $116.91 | $2.50M |
Footnotes (1)
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FAQ
What insider transaction did AEP (AEP) report in this Form 4?
The filing reports that Executive Vice President Phillip R. Ulrich received a grant of 21,383 restricted stock units of American Electric Power on January 9, 2026.
How many restricted stock units were granted to AEP Executive Vice President Phillip R. Ulrich?
Phillip R. Ulrich was granted 21,383 restricted stock units, each tied to AEP common stock, at a reference price of $116.91 per unit.
When do the newly granted AEP restricted stock units vest?
The restricted stock units granted to Phillip R. Ulrich vest on January 9, 2031, and vesting is subject to his continuous employment with American Electric Power.
What does each AEP restricted stock unit represent for Phillip R. Ulrich?
Each restricted stock unit represents a contingent right to receive AEP common stock once the vesting conditions, including continued employment through January 9, 2031, are satisfied.
How many AEP securities does Phillip R. Ulrich beneficially own after this transaction?
After the reported grant, Phillip R. Ulrich beneficially owns 37,596 non-derivative AEP securities directly, according to the Form 4.
What is the role of Phillip R. Ulrich at American Electric Power?
Phillip R. Ulrich is reported as an Officer of American Electric Power, holding the title of Executive Vice President.