AEP director granted phantom stock units
Linginfelter Henry P reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Linginfelter Henry P reported acquisition or exercise transactions in this Form 4 filing.
AMERICAN ELECTRIC POWER CO INC director Henry P. Linginfelter received a grant of phantom stock units tied to 324 shares of common stock. The award is recorded at an AEP stock price of $131.08 per share and increases his phantom stock unit balance to 3,684 units.
These stock units are paid in cash or shares when his board service ends, unless he has elected to defer payment so that it begins no later than five years after termination of service. This is a compensation-related grant, not an open-market stock purchase or sale.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Units | 0 | $131.08 | $0.00 |
Footnotes (2)
- 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.
- F2. Was AEP Stock Price at the time of the transaction.
Key Figures
Key Terms
Phantom Stock Units financial
Stock Units financial
defer payment financial
Common Stock financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Henry P. Linginfelter report in this AEP (AEP) Form 4 filing?
At what price were Henry P. Linginfelter’s AEP phantom stock units valued?
What is Henry P. Linginfelter’s total phantom stock unit balance at AEP after this grant?
When will Henry P. Linginfelter receive payment for his AEP phantom stock units?
Does this AEP Form 4 show Henry P. Linginfelter buying or selling AEP stock on the market?
AI-generated analysis. How Rhea-AI works. Not financial advice.