[Form 4] American Electric Power Company, Inc. Insider Trading Activity
Kelly J. Ferneau, Executive Vice President of American Electric Power Company, Inc. (AEP), reported a sale of 3,428 shares of AEP common stock on 08/15/2025 at a reported price of $111.99 per share. After the transaction she beneficially owned 7,025 shares, held directly. The filing states the sale was executed under a Rule 10b5-1 trading plan adopted by the reporting person on May 15, 2025. The Form 4 was signed by an attorney-in-fact on 08/18/2025. The filing discloses a single non-derivative disposition and does not report any derivative transactions.
- Sale executed under a Rule 10b5-1 trading plan, indicating pre-planned disposition procedures
- Timely and complete disclosure of transaction date, price, and resulting beneficial ownership
- Reporting person reduced direct ownership to 7,025 shares following the disposition
Insights
TL;DR: Insider sale of 3,428 AEP shares under a 10b5-1 plan appears routine and is unlikely to be materially market-moving.
The transaction reduced direct beneficial ownership to 7,025 shares and generated cash proceeds at the reported price of $111.99 per share. Because the sale was executed under a pre-established Rule 10b5-1 plan, it likely reflects a pre-scheduled disposition rather than discretionary selling tied to nonpublic developments. The single-line Form 4 shows no options or derivative activity, limiting immediate implications for dilution or executive compensation structures.
TL;DR: Filing is compliant and timely; the use of a 10b5-1 plan mitigates insider-trading concerns but requires standard disclosure review.
The Form 4 explicitly notes the Rule 10b5-1 trading plan adoption date (May 15, 2025) and documents the disposition date and price for transparency. Signature by an attorney-in-fact is included on 08/18/2025, meeting execution disclosure requirements. There are no amendment flags or derivative entries to suggest complex compliance issues in this filing.