AEP (AEP) EVP Berntsen has 404 shares withheld for taxes on RSU vest
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
AMERICAN ELECTRIC POWER CO INC Executive Vice President Robert Berntsen reported a tax-related share disposition linked to vesting equity awards. On the vesting of 1,280 restricted stock units granted on July 14, 2025, 404 units were withheld on February 21, 2026 to cover his tax liability, leaving 21,392 common shares held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Berntsen Robert
Role
Executive Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 404 | $132.03 | $53K |
Holdings After Transaction:
Common Stock — 21,392 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did AEP executive Robert Berntsen report on this Form 4?
Robert Berntsen reported a tax-related disposition of AEP shares. When his restricted stock units vested, 404 common shares were withheld to satisfy his tax liability, rather than being sold in the open market, and the transaction was coded as a tax-withholding disposition.
What was the price used for the tax-withholding disposition in AEP executive Berntsen’s Form 4?
The Form 4 reports a transaction price of $132.03 per AEP share for the 404 shares withheld. This price is used to value the shares applied against the executive’s tax liability arising from the vesting of restricted stock units.
What equity award triggered the tax withholding reported in AEP’s Form 4 for Robert Berntsen?
The tax withholding arose from restricted stock units granted on July 14, 2025. On February 21, 2026, 1,280 of those units vested, and 404 vested units were withheld to satisfy Berntsen’s tax liability, as disclosed in the Form 4 footnote.
Is Robert Berntsen’s AEP Form 4 transaction an open-market stock sale?
No. The Form 4 describes a tax-withholding disposition, coded as payment of tax liability by delivering securities. Shares were withheld upon vesting of restricted stock units, rather than sold in an open-market transaction initiated for portfolio or cash-raising purposes.