Director at American Electric Power (AEP) reports 1,166 phantom stock units

Rhea-AI Filing Summary

American Electric Power director Joseph G. Sauvage reported holdings of 1,166 phantom stock units tied to the company’s common stock as of December 31, 2025.

These phantom stock units track AEP’s share price, which was $115.31 at the time of the reported transaction. According to the disclosure, the units are paid to the director in cash or shares upon termination of service, unless he elects to defer payment, with payments starting no later than five years after that date.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Sauvage Joseph G

(Last) (First) (Middle)

1 RIVERSIDE PLAZA

(Street)

COLUMBUS OH 43215

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
AMERICAN ELECTRIC POWER CO INC [ AEP ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
12/31/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Phantom Stock Units	$0	12/31/2025		A			0	(1)	(1)	Common Stock	368	$115.31(2)	1,166	D

Explanation of Responses:

1. 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.

2. Was AEP Stock Price at the time of the transaction.

Remarks:

	David C. House, Attorney-in-Fact for Joseph G. Sauvage	01/05/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
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FAQ

What insider transaction did AEP director Joseph G. Sauvage report?

AEP director Joseph G. Sauvage reported derivative holdings in phantom stock units tied to AEP common stock. As of December 31, 2025, he beneficially owned 1,166 phantom stock units, reflecting deferred director compensation linked to the company’s share price performance.

How many phantom stock units does AEP director Sauvage hold after this Form 4?

After the reported transaction, Joseph G. Sauvage held 1,166 phantom stock units. These units mirror the value of American Electric Power common stock and represent deferred compensation rather than traditional shares with voting rights or immediate settlement features.

When will AEP phantom stock units reported by Sauvage be paid out?

The phantom stock units are generally paid in cash or shares upon the director’s termination of service. However, the director may elect to defer payment, but payments must begin no later than five years after that termination date, according to the disclosure.

What was the AEP stock price referenced in Sauvage’s phantom unit transaction?

The disclosure notes that $115.31 was the AEP stock price at the time of the transaction. This price is used as the reference for the phantom stock units’ value, tying the director’s deferred compensation directly to the company’s share performance.

Does Joseph G. Sauvage hold AEP phantom stock units directly or indirectly?

Joseph G. Sauvage’s 1,166 phantom stock units are reported as directly owned. The filing does not attribute these holdings to any trust, partnership, or other entity, indicating they are treated as directly associated with the director himself.