American Electric Power director acquires 379 stock units
The 379 phantom stock units are payable in cash or shares following termination of the director’s Board service.
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Rhea-AI Filing Summary
American Electric Power (AEP) director Margaret M. McCarthy acquired 379 phantom stock units on September 30, 2026, under the AEP Stock Unit Accumulation Plan for Non-Employee Directors. AEP’s stock price at the transaction was $118.64 per share, and each phantom stock unit represents the right to receive the cash value of one AEP common share. Her reported direct holding after the transaction was 4,071 phantom stock units. The units are payable in cash or shares following termination of her service on the Board.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Units F1, F3, F2 | 0 | $118.64 | $0.00 |
Footnotes (3)
- F1. Amounts shown represent value in AEP Stock Plan under the AEP Stock Unit Accumulation Plan for Non-Employee Directors. Each share of phantom stock represents the right to receive the cash value of one share of AEP common stock.
- F2. Shares of phantom stock are payable in cash or shares following termination of the reporting person's service on the Board. The reporting person may transfer the phantom stock in the AEP Stock Plan account into an alternative investment account at any time.
- F3. Was AEP Stock Price at the time of the transaction.
Key Figures
Key Terms
phantom stock financial
AEP Stock Unit Accumulation Plan for Non-Employee Directors financial
alternative investment account financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How many phantom stock units did AEP director Margaret M. McCarthy acquire?
Can AEP phantom stock units be transferred to another investment account?
AI-generated analysis. How Rhea-AI works. Not financial advice.