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AEP (AEP) EVP Kelly Ferneau receives new restricted stock unit awards

Filing Impact
(Very High)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

AMERICAN ELECTRIC POWER CO INC Executive Vice President Kelly J. Ferneau reported equity awards of restricted stock units. On February 16 and 17, 2026, Ferneau acquired 2,693 and 2,495 restricted stock units, respectively, as grants, rather than open-market purchases. Each unit represents a right to receive AEP common stock upon vesting.

The restricted stock units vest in three equal installments on February 21, 2027, February 21, 2028, and February 21, 2029. Following these awards, Ferneau directly holds 14,855 and 17,350 restricted stock units after the respective transactions, reflecting growing equity-based compensation tied to future service and performance.

Positive

  • None.

Negative

  • None.
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
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
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*
Ferneau Kelly J

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
Executive Vice President
3. Date of Earliest Transaction (Month/Day/Year)
02/16/2026
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
Resticted Stock Units(1) 02/16/2026 A 2,693 A $129.94 14,855 D
Resticted Stock Units(1) 02/17/2026 A 2,495 A $130.2 17,350 D
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
Explanation of Responses:
1. Each restricted stock unit represents a right to receive AEP common stock upon vesting. The restricted stock units vest in three equal installments on February 21, 2027, February 21, 2028, and February 21, 2029.
Remarks:
/s/ David C. House, Attorney-in-Fact for Kelly J. Ferneau 02/18/2026
** 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).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did AEP Executive Vice President Kelly J. Ferneau report on Form 4?

Kelly J. Ferneau reported receiving grants of restricted stock units in AMERICAN ELECTRIC POWER CO INC, not open-market share purchases. These awards increase Ferneau’s equity-based compensation and align interests with shareholders through future delivery of AEP common stock upon vesting over multiple years.

How many restricted stock units did AEP executive Kelly J. Ferneau acquire?

Kelly J. Ferneau acquired 2,693 restricted stock units on February 16, 2026 and 2,495 restricted stock units on February 17, 2026. These are equity awards, not cash purchases, and represent future rights to receive AEP common stock upon vesting according to the company’s vesting schedule.

At what prices were Kelly J. Ferneau’s AEP restricted stock unit grants valued?

The February 16, 2026 grant of 2,693 restricted stock units was valued at $129.94 per unit, and the February 17, 2026 grant of 2,495 units was valued at $130.20 per unit. These values typically reflect AEP’s share price used to calculate the size of the equity awards.

When do Kelly J. Ferneau’s AEP restricted stock units vest?

Kelly J. Ferneau’s restricted stock units vest in three equal installments on February 21, 2027, February 21, 2028, and February 21, 2029. Upon each vesting date, Ferneau becomes entitled to receive AEP common stock corresponding to the vested units, subject to applicable plan terms and conditions.

How many AEP restricted stock units does Kelly J. Ferneau hold after these grants?

After the February 16, 2026 grant, Kelly J. Ferneau held 14,855 restricted stock units directly. After the February 17, 2026 grant, total direct holdings increased to 17,350 restricted stock units. These balances reflect accumulated equity awards that convert into AEP common stock as vesting milestones are reached.

Do Kelly J. Ferneau’s restricted stock unit transactions in AEP represent insider buying or compensation awards?

The reported transactions represent compensation awards, not open-market insider buying. Both transactions are coded as “A” for grant, award, or other acquisition. Each restricted stock unit gives Kelly J. Ferneau a right to receive AEP common stock upon future vesting dates, per the company’s long-term incentive plan.
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