AEP director awarded phantom stock units

Q: What insider transaction did AEP director Art A. Garcia report on this Form 4 for AEP?

Art A. Garcia reported a grant of phantom stock units linked to AEP common stock. The award represents an underlying 324 shares, increasing his holdings under the director stock unit plan to 2,523 phantom units as a form of non-cash compensation.

Q: How many AEP phantom stock units does Art A. Garcia hold after this transaction?

After the reported grant, Art A. Garcia holds 2,523 phantom stock units tied to AEP common stock. These units are part of the AEP Stock Unit Accumulation Plan for Non-Employee Directors and track the value of AEP shares over time until payout.

Q: What is the value reference used for Art A. Garcia’s AEP phantom stock grant?

The phantom stock grant uses an AEP stock price of $131.08 as the transaction value reference. Each phantom share represents the right to receive the cash value of one AEP common share based on this plan valuation at the time of grant.

Q: When will Art A. Garcia receive payment for his AEP phantom stock units?

The phantom stock units are payable in cash or shares after Garcia’s service on AEP’s Board ends. Until then, the units remain in the AEP Stock Plan account, and he can transfer them into an alternative investment account if he chooses.

GARCIA ART A reported acquisition or exercise transactions in this Form 4 filing.

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Filing Sentiment

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Form Type

Rhea-AI Filing Summary

GARCIA ART A reported acquisition or exercise transactions in this Form 4 filing.

American Electric Power director Art A. Garcia reported a compensation-related grant of phantom stock units tied to AEP common stock. The award represents an underlying 324 shares of common stock at a reference price of $131.08 per share. Following this grant, Garcia holds 2,523 phantom stock units under the AEP Stock Unit Accumulation Plan for Non-Employee Directors. Each phantom share entitles him to receive the cash value of one AEP common share, payable in cash or shares after his Board service ends.

Insider Trade Summary

Grant/Award: 0 shares

Grant/Award 1 txn

Insider GARCIA ART A

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Phantom Stock Units	0	$131.08	$0.00

Holdings After Transaction: Phantom Stock Units — 2,523 contracts (Direct)

Footnotes (3)

F1. Amounts shown represent value in AEP Stock Plan under the AEP Stock Unit Accumulation Plan for Non-Employee Directors. Each share of phantom stock represents the right to receive the cash value of one share of AEP common stock.
F2. Shares of phantom stock are payable in cash or shares following termination of the reporting person's service on the Board. The reporting person may transfer the phantom stock in the AEP Stock Plan account into an alternative investment account at any time.
F3. Was AEP Stock Price at the time of the transaction.

Key Figures

Underlying shares in grant: 324 shares Reference stock price: $131.08 per share Total phantom units after grant: 2,523 units +1 more

4 metrics

Underlying shares in grant 324 shares Underlying AEP common stock for new phantom stock award

Reference stock price $131.08 per share AEP stock price at time of phantom stock transaction

Total phantom units after grant 2,523 units AEP Stock Unit Accumulation Plan balance for Art A. Garcia

Transaction type Grant (Code A) Compensation-related acquisition of phantom stock units, not open-market trade

Key Terms

Phantom Stock Units, AEP Stock Unit Accumulation Plan for Non-Employee Directors, alternative investment account

3 terms

Phantom Stock Units financial

"Amounts shown represent value in AEP Stock Plan under the AEP Stock Unit Accumulation Plan for Non-Employee Directors. Each share of phantom stock represents the right to receive the cash value of one share of AEP common stock."

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.

AEP Stock Unit Accumulation Plan for Non-Employee Directors financial

"Amounts shown represent value in AEP Stock Plan under the AEP Stock Unit Accumulation Plan for Non-Employee Directors."

alternative investment account financial

"The reporting person may transfer the phantom stock in the AEP Stock Plan account into an alternative investment account at any time."

FAQ

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

What insider transaction did AEP director Art A. Garcia report on this Form 4 for AEP?

Art A. Garcia reported a grant of phantom stock units linked to AEP common stock. The award represents an underlying 324 shares, increasing his holdings under the director stock unit plan to 2,523 phantom units as a form of non-cash compensation.

How many AEP phantom stock units does Art A. Garcia hold after this transaction?

After the reported grant, Art A. Garcia holds 2,523 phantom stock units tied to AEP common stock. These units are part of the AEP Stock Unit Accumulation Plan for Non-Employee Directors and track the value of AEP shares over time until payout.

What is the value reference used for Art A. Garcia’s AEP phantom stock grant?

The phantom stock grant uses an AEP stock price of $131.08 as the transaction value reference. Each phantom share represents the right to receive the cash value of one AEP common share based on this plan valuation at the time of grant.

Does Art A. Garcia’s Form 4 show an open-market buy or sell of AEP stock?

The Form 4 does not show an open-market buy or sell. It reports an award of phantom stock units, classified as a grant under code A, which is a compensation-related acquisition rather than a market purchase or sale of AEP common shares.

When will Art A. Garcia receive payment for his AEP phantom stock units?

The phantom stock units are payable in cash or shares after Garcia’s service on AEP’s Board ends. Until then, the units remain in the AEP Stock Plan account, and he can transfer them into an alternative investment account if he chooses.

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

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Accepted by SEC EDGAR 04/02/2026 - 02:27 PM

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^*

GARCIA ART A

(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)
03/31/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Phantom Stock Units⁽¹⁾	$0	03/31/2026		A		0⁽¹⁾		⁽²⁾	⁽²⁾	Common Stock	324⁽¹⁾	$131.08⁽³⁾	2,523	D

Explanation of Responses:

1. Amounts shown represent value in AEP Stock Plan under the AEP Stock Unit Accumulation Plan for Non-Employee Directors. Each share of phantom stock represents the right to receive the cash value of one share of AEP common stock.

2. Shares of phantom stock are payable in cash or shares following termination of the reporting person's service on the Board. The reporting person may transfer the phantom stock in the AEP Stock Plan account into an alternative investment account at any time.

3. Was AEP Stock Price at the time of the transaction.

Remarks:

	/s/ David C. House, Attorney-in-Fact for Art A. Garcia	04/02/2026
	** 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)

Source: View Original Filing on SEC EDGAR

AEP director awarded phantom stock units

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