American Electric Power director disposes of 379 stock units
Stock Units are paid in cash or shares upon termination unless the director elects a deferral for a period resulting in payment commencing not later than five years thereafter.
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Rhea-AI Filing Summary
David S. Marriott reported disposition transactions in this Form 4 filing. David S. Marriott, a director of American Electric Power Co. Inc. (AEP), reported a grant of 379 Phantom Stock Units on September 30, 2026. The reported post-transaction position was 379 Phantom Stock Units, each based on a share of common stock. The $118.64 figure was AEP’s stock price at the time of the transaction.
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
underlying security financial
defer payment financial
FAQ
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How many AEP phantom stock units did David S. Marriott receive?
When are AEP Phantom Stock Units paid?
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