AEP (NASDAQ: AEP) nuclear development president granted 4,798 RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Knapp Alicia R reported acquisition or exercise transactions in this Form 4 filing.
AMERICAN ELECTRIC POWER CO INC reported that executive Alicia R. Knapp, President Nuclear Development, received a grant of 4,798 restricted stock units. Each unit represents a right to receive AEP common stock and vests in three equal installments on February 21, 2027, February 21, 2028, and February 21, 2029. After this award, her directly owned restricted stock units total 14,892.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Knapp Alicia R
Role
President Nuclear Development
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Resticted Stock Units | 4,798 | $130.24 | $625K |
Holdings After Transaction:
Resticted Stock Units — 14,892 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did AEP executive Alicia R. Knapp report?
Alicia R. Knapp reported receiving 4,798 restricted stock units in AMERICAN ELECTRIC POWER CO INC. These units are a form of equity compensation that convert into AEP common shares upon vesting over several future dates, aligning her interests with long-term company performance.
How many AEP restricted stock units does Alicia R. Knapp hold after this grant?
After the latest grant, Alicia R. Knapp holds 14,892 restricted stock units in AEP. This total reflects her direct equity-based compensation, which will convert into AEP common stock as the awards vest according to the specified multi-year schedule.
When do Alicia R. Knapp’s new AEP restricted stock units vest?
The 4,798 new restricted stock units vest in three equal parts on February 21, 2027, February 21, 2028, and February 21, 2029. This staggered vesting structure encourages long-term retention and ties compensation to AEP’s performance over several years.
What does each AEP restricted stock unit granted to Alicia R. Knapp represent?
Each restricted stock unit represents a right to receive one share of AEP common stock upon vesting. The units do not become actual shares until the vesting dates are reached, at which point they convert into common stock for the executive.
Is Alicia R. Knapp’s AEP equity award a purchase or a grant?
The 4,798 restricted stock units reported for Alicia R. Knapp are a grant, not an open-market purchase. They are categorized as a grant, award, or other acquisition of equity compensation provided by AMERICAN ELECTRIC POWER CO INC as part of her executive pay package.
What role does Alicia R. Knapp hold at AMERICAN ELECTRIC POWER CO INC?
Alicia R. Knapp serves as President Nuclear Development at AMERICAN ELECTRIC POWER CO INC. Her position involves leadership responsibilities related to nuclear development activities, and the reported restricted stock unit grant forms part of her overall executive compensation structure at AEP.