American Electric Power director disposes of 379 shares
The units are payable in cash or shares upon termination of service, with elected deferrals beginning payment no later than five years thereafter.
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Rhea-AI Filing Summary
American Electric Power Co. Inc. (AEP) director Joseph G. Sauvage reported a disposition of 379 shares of Common Stock underlying Phantom Stock Units on September 30, 2026. His reported position afterward was 2,213 Phantom Stock Units. The reported AEP stock price at the time was $118.64. Stock Units are payable in cash or shares upon termination of service unless the director elected to defer payment; any elected deferral must result in payment commencing no later than five years thereafter.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Units F2, F1 | 0 | $118.64 | $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
defer payment financial
termination of service financial
FAQ
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What was AEP's stock price at the time of Joseph G. Sauvage's transaction?
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