American Electric Power director disposes of 379 stock units
The stock units are payable in cash or shares upon termination, unless deferred under the stated five-year payment limit.
Sentiment and the balance of points
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Rhea-AI Filing Summary
American Electric Power (AEP) director Charles J. Meyers reported 379 Phantom Stock Units on September 30, 2026. The transaction description identifies a grant or award acquisition, while the transaction is recorded as a disposition. His reported directly held position afterward was 379 units. The $118.64 figure was AEP's stock price at the time. Stock units are paid in cash or shares upon termination of service, unless deferred under an election that results in payment commencing no later than five years thereafter.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Units F2, F1 | 379 | $118.64 | $45K |
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
termination of service financial
defer payment financial
FAQ
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When are AEP director Charles J. Meyers's Phantom Stock Units paid?
AI-generated analysis. How Rhea-AI works. Not financial advice.