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