AEP director granted phantom stock units in Form 4

Sauvage Joseph G reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

Sauvage Joseph G reported acquisition or exercise transactions in this Form 4 filing.

American Electric Power director Joseph G. Sauvage received a grant of phantom stock units as compensation. The award is linked to 310 shares of common stock at a reference price of $136.81 per share. Following this grant, his phantom stock unit balance stands at 1,820 units, which will be settled in cash or shares after his board service ends or as deferred under plan rules.

Insider Trade Summary

Grant/Award: 0 shares

Grant/Award 1 txn

Insider Sauvage Joseph G

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Phantom Stock Units	0	$136.81	$0.00

Holdings After Transaction: Phantom Stock Units — 1,820 contracts (Direct)

Footnotes (2)

1. 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.
2. F2. Was AEP Stock Price at the time of the transaction.

Key Figures

Reference stock price: $136.81 per share Underlying shares: 310 shares Phantom units after grant: 1,820 units +1 more

4 metrics

Reference stock price $136.81 per share AEP stock price at time of phantom unit grant

Underlying shares 310 shares Common stock underlying phantom stock unit grant

Phantom units after grant 1,820 units Total phantom stock units following this transaction

Transaction shares 0.0000 Reported transaction_shares for derivative grant

Key Terms

Phantom Stock Units, Stock Units, Common Stock

3 terms

Phantom Stock Units financial

"security_title: "Phantom Stock Units""

Phantom stock units are company promises that pay a cash or stock-equivalent award tied to the firm’s share price or value growth, but they do not issue actual shares. Think of them as a bonus check that moves with the stock like a mirror rather than handing over an ownership slice. Investors care because these awards can affect a company’s future cash obligations, executive incentives and reported expenses without causing share dilution.

Stock Units financial

"Stock Units are paid to the director in cash or shares upon termination of service"

Stock units are individual pieces of ownership in a company, like slices of a pie that together make up the whole business. They matter to investors because each unit represents a claim on the company’s assets, profits and sometimes voting power, and changes in the number or value of these units affect ownership percentages, potential dividends and share dilution — all of which influence an investment’s worth.

Common Stock financial

"underlying_security_title: "Common Stock""

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did AEP director Joseph G. Sauvage report on this Form 4?

Joseph G. Sauvage reported receiving a grant of phantom stock units tied to 310 shares of American Electric Power common stock at a reference price of $136.81 per share. This is a compensation-related award, not an open-market stock purchase or sale.

How many phantom stock units does Joseph G. Sauvage hold after this AEP grant?

After the reported grant, Joseph G. Sauvage holds a total of 1,820 phantom stock units. These units track the value of American Electric Power common stock and are payable in cash or shares upon or after the end of his board service, per plan elections.

Is the AEP Form 4 transaction a stock purchase or sale in the open market?

The AEP Form 4 does not show an open-market purchase or sale. It records a compensation-related acquisition coded as a grant of phantom stock units, with no shares bought or sold in the market and transaction_shares reported as 0.0000.

When will Joseph G. Sauvage receive payment for his AEP phantom stock units?

Payment of the phantom stock units occurs when his board service ends, unless he elected to defer payment. Any deferral must still result in payment starting no later than five years after termination of service, according to the disclosed plan terms.

How is the AEP stock price used in Joseph G. Sauvage’s phantom stock unit grant?

The phantom stock unit grant references an AEP stock price of $136.81 at the time of the transaction. This price is used to determine the value of the units, which track American Electric Power common stock performance for compensation purposes.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 07/01/2026 - 01:58 PM EDT Learn about SEC filing dates

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^*

Sauvage Joseph G

(Last) (First) (Middle)

1 RIVERSIDE PLAZA

(Street)

COLUMBUS OHIO 43215

(City) (State) (Zip)

UNITED STATES

(Country)

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)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/30/2026

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

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

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

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	06/30/2026		A			0	(1)	(1)	Common Stock	310	$136.81(2)	1,820	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	07/01/2026
	** 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.
* Form 4: SEC 1474 (03-26)