AEP (AEP) CFO Trevor Mihalik receives 7,678 restricted stock units grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MIHALIK TREVOR I reported acquisition or exercise transactions in this Form 4 filing.
AMERICAN ELECTRIC POWER CO INC Executive VP & CFO Trevor I. Mihalik received a grant of 7,678 restricted stock units of AEP common stock. These units were awarded at a reference price of $130.24 per share and increase his directly held stake to 82,576 units/shares equivalent.
Each restricted stock unit represents the right to receive AEP common stock upon vesting. The award vests in three equal installments on February 21, 2027, February 21, 2028, and February 21, 2029, aligning a portion of the CFO’s compensation with long-term company performance.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
MIHALIK TREVOR I
Role
Executive VP & CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Resticted Stock Units | 7,678 | $130.24 | $1000K |
Holdings After Transaction:
Resticted Stock Units — 82,576 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What did AEP CFO Trevor Mihalik report on this Form 4 for AEP?
Trevor I. Mihalik, Executive VP & CFO of AEP, reported receiving 7,678 restricted stock units. Each unit represents a right to receive AEP common stock, subject to vesting conditions, and increases his directly held stake to 82,576 units or equivalent shares.
How many AEP restricted stock units were granted to the CFO on February 17, 2026?
On February 17, 2026, AEP’s CFO Trevor Mihalik was granted 7,678 restricted stock units. The grant was recorded at a reference price of $130.24 per share, forming part of his equity-based compensation tied to the company’s future performance and share value.
When do Trevor Mihalik’s newly granted AEP restricted stock units vest?
The 7,678 restricted stock units granted to Trevor Mihalik vest in three equal installments. Vesting dates are February 21, 2027, February 21, 2028, and February 21, 2029, meaning the award becomes deliverable as AEP common stock over three years.
What does each restricted stock unit in this AEP Form 4 represent?
Each restricted stock unit reported in the AEP Form 4 represents a right to receive AEP common stock upon vesting. The units are not immediate shares but convert into common stock over time as vesting conditions on specified future dates are satisfied.
What is Trevor Mihalik’s AEP ownership after this restricted stock unit grant?
Following the 7,678-unit grant, Trevor Mihalik’s total directly held stake is 82,576 units or equivalent shares. This figure reflects his holdings after the reported award and shows the scale of his equity-based alignment with AEP’s long-term performance.
Is the AEP Form 4 transaction a market purchase or a compensation award?
The AEP Form 4 transaction is a compensation award, not a market purchase. It is coded as a grant or other acquisition of 7,678 restricted stock units, awarded as part of executive equity compensation rather than shares bought or sold on the open market.