Tax withholding on American Electric (NYSE: AEP) RSUs for controller
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
American Electric Power’s Controller and Chief Accounting Officer Kate Dixon had a portion of her restricted stock units vest, triggering tax withholding in shares rather than cash. On May 1, 2026, 2,147 restricted stock units from a May 9, 2023 grant vested.
To cover the related tax liability, 636 shares were withheld at a value of $136.91 per share. This is a tax-withholding disposition, not an open-market sale. After these mechanics, Dixon directly holds 17,780 shares of American Electric Power common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Dixon Kate
Role
Controller, CAO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Resticted Stock Units | 636 | $136.91 | $87K |
Holdings After Transaction:
Resticted Stock Units — 17,780 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares withheld for taxes: 636 shares
Withholding price: $136.91 per share
RSUs vested: 2,147 units
+1 more
4 metrics
Shares withheld for taxes
636 shares
Withheld upon RSU vesting on May 1, 2026
Withholding price
$136.91 per share
Value applied to 636 withheld shares
RSUs vested
2,147 units
Portion of May 9, 2023 grant vesting on May 1, 2026
Shares held after transaction
17,780 shares
Direct AEP common stock holdings after tax withholding
Key Terms
restricted stock units, tax liability, tax-withholding disposition, Form 4, +1 more
5 terms
restricted stock units financial
"A portion of the Reporting Person's restricted stock units (2,147) granted on May 9, 2023, vested"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax liability financial
"636 restricted stock units were withheld to satisfy the Reporting Person's tax liability"
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Controller, CAO financial
""officer_title": "Controller, CAO""
FAQ
What did AEP’s Kate Dixon report in this Form 4 filing?
Kate Dixon reported a tax-withholding disposition related to restricted stock units. On vesting of 2,147 units, 636 shares were withheld at $136.91 per share to satisfy taxes, leaving her with 17,780 directly held shares of American Electric Power.
How many AEP restricted stock units vested for Kate Dixon on May 1, 2026?
A total of 2,147 restricted stock units vested for Kate Dixon on May 1, 2026. These units came from a grant dated May 9, 2023, and the vesting triggered an automatic share withholding to cover associated tax obligations on the award’s value.
What does transaction code “F” mean in Kate Dixon’s AEP Form 4?
Transaction code “F” indicates shares were disposed of to pay an exercise price or tax liability. In this case, it marks 636 shares withheld to cover taxes upon vesting of restricted stock units, rather than an active decision to sell shares on the open market.