American Electric Power (NASDAQ: AEP) CEO withholds 5,402 shares for taxes
Rhea-AI Filing Summary
American Electric Power reports that CEO and President William Fehrman had company stock withheld to cover taxes on restricted stock unit vesting. On February 23, 2026, 1,241 and 4,161 common shares were withheld at about $132 per share, tied to RSUs that vested on February 21, 2026. After these transactions, Fehrman directly holds 138,205 AEP shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 5,402 shares
Net Sell
2 txns
Insider
Fehrman William
Role
CEO and President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 1,241 | $132.03 | $164K |
| Exercise Price or Tax Liability | Common Stock | 4,161 | $132.06 | $550K |
Holdings After Transaction:
Common Stock — 138,205 shares (Direct)
Footnotes (2)
- F1. A portion of the reporting person's restricted stock units (4,165) granted on August 1, 2024, vested on February 21, 2026. Upon vesting, 1,241 restricted stock units were withheld to satisfy the reporting person's tax liability.
- F2. A portion of the reporting person's restricted stock units (9,290) granted on February 18, 2025, vested on February 21, 2026. Upon vesting, 4,161 restricted stock units were withheld to satisfy the reporting person's tax liability.
Key Figures
Shares withheld for taxes (lot 1): 1,241 shares
Shares withheld for taxes (lot 2): 4,161 shares
Total shares withheld for taxes: 5,402 shares
+3 more
6 metrics
Shares withheld for taxes (lot 1)
1,241 shares
Common Stock tax-withholding disposition on 2026-02-23 at $132.03 per share
Shares withheld for taxes (lot 2)
4,161 shares
Common Stock tax-withholding disposition on 2026-02-23 at $132.06 per share
Total shares withheld for taxes
5,402 shares
TaxWithholdingCount 2 and TaxWithholdingShares 5402 for code F transactions
RSUs vested from 2024 grant
4,165 units
Portion of RSUs granted August 1, 2024 vested on February 21, 2026
RSUs vested from 2025 grant
9,290 units
Portion of RSUs granted February 18, 2025 vested on February 21, 2026
Post-transaction direct holdings
138,205 shares
Direct common stock holdings after reported tax-withholding dispositions
Key Terms
restricted stock units, tax-withholding disposition, tax liability
3 terms
restricted stock units financial
"A portion of the reporting person's restricted stock units (4,165) granted on August 1, 2024"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax-withholding disposition financial
"transaction_action: tax-withholding disposition"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
tax liability financial
"restricted stock units were withheld to satisfy the reporting person's tax liability"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What transactions did AEP CEO William Fehrman report in this Form 4?
CEO William Fehrman reported two tax-withholding dispositions of American Electric Power common stock. On February 23, 2026, a total of 5,402 shares were withheld by the company to satisfy tax liabilities triggered by restricted stock unit vesting.
What restricted stock units vested for AEP CEO William Fehrman?
Two RSU grants partially vested: 4,165 units from an August 1, 2024 grant and 9,290 units from a February 18, 2025 grant. These vestings on February 21, 2026 led to the share withholdings reported to cover related tax obligations.
Were William Fehrmans AEP transactions open-market sales?
No, the reported transactions were tax-withholding dispositions, not open-market sales. The company withheld 5,402 shares upon RSU vesting to cover Fehrmans tax liability, consistent with the Form 4 transaction code F and the accompanying footnotes.