AEP (AEP) EVP Johannes Eckert granted 2,879 restricted stock units vesting through 2029
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Eckert Johannes G reported acquisition or exercise transactions in this Form 4 filing.
AMERICAN ELECTRIC POWER CO INC Executive Vice President Johannes G. Eckert received a grant of 2,879 restricted stock units (RSUs) on February 17, 2026. Each RSU represents a right to receive AEP common stock upon vesting. The units vest in three equal installments on February 21, 2027, February 21, 2028, and February 21, 2029. After this award, Eckert directly holds 4,954 RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Eckert Johannes G
Role
Executive Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Resticted Stock Units | 2,879 | $130.24 | $375K |
Holdings After Transaction:
Resticted Stock Units — 4,954 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did AEP Executive Vice President Johannes G. Eckert report?
Johannes G. Eckert reported receiving 2,879 restricted stock units in AMERICAN ELECTRIC POWER CO INC. These RSUs are an equity award, not an open-market stock purchase, and will convert into AEP common shares only as they vest over the coming years.
How many AEP restricted stock units does Johannes G. Eckert hold after this Form 4?
After the reported award, Johannes G. Eckert directly holds 4,954 restricted stock units in AEP. This total includes the new grant of 2,879 RSUs, which will vest in three annual installments if the applicable vesting conditions are satisfied.
When do the 2,879 AEP restricted stock units granted to Johannes G. Eckert vest?
The 2,879 restricted stock units vest in three equal installments on February 21, 2027, February 21, 2028, and February 21, 2029. Each vesting date releases one-third of the award as AEP common stock, subject to the terms of the grant.
What does each restricted stock unit granted to Johannes G. Eckert represent?
Each restricted stock unit represents a right to receive one share of AMERICAN ELECTRIC POWER CO INC common stock upon vesting. No shares are issued immediately; instead, stock is delivered as the RSUs vest on the scheduled future dates specified in the award.
Was the AEP Form 4 transaction a stock purchase or an equity award?
The AEP Form 4 reported an equity award, not a market purchase. Johannes G. Eckert acquired 2,879 restricted stock units through a grant categorized as a “grant, award, or other acquisition,” with future vesting dates determining when shares will actually be delivered.