[Form 4] American Electric Power Company, Inc. Insider Trading Activity

Rhea-AI Filing Summary

On 21 Jul 2025 Retractable Technologies (RVP) President, CEO, Director and 10% owner Thomas J. Shaw filed a Form 4 disclosing an open-market purchase of 5,000 common shares at $0.66. The transaction adds a marginal 0.03% to his already substantial direct stake, bringing it to 15,464,130 shares. Shaw also maintains indirect control over 831,600 shares—500,000 held as trustee for a family member and the remainder through a voting agreement.

The buy occurred under a Rule 10b5-1 plan adopted 22 Aug 2024. No derivative securities were reported. While the dollar value is small, insider purchases—especially by a CEO with significant ownership—can be interpreted as a vote of confidence at current price levels. However, the pre-arranged nature of the plan and the modest size limit its market impact.

Positive

• CEO/10% owner purchase suggests ongoing alignment with shareholders.
• Direct stake increased to 15.46 M shares, reinforcing insider confidence.

Negative

• Only 5,000 shares purchased, representing ~0.03% of existing direct holdings—economically insignificant.
• Trade executed under a pre-arranged Rule 10b5-1 plan, limiting discretionary signaling value.

Insights

Equity Analyst

TL;DR: Tiny 5k-share buy at $0.66; positive signal but economically immaterial.

The filing shows Shaw adding only 5,000 shares, worth roughly $3,300, to a 15.46 million-share position. Because the Rule 10b5-1 plan predetermines trades, the purchase is not necessarily discretionary, so it carries limited signaling value. Still, continued buying by a founder-CEO aligns incentives and can ease investor concerns about near-term downside. Given the miniscule size versus total float and no change in derivative exposure, I classify the event as neutral for valuation.

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
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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).

1. Name and Address of Reporting Person^*

Eckert Johannes G

(Last) (First) (Middle)

1 RIVERSIDE PLAZA

(Street)

COLUMBUS OH 43215

(City) (State) (Zip)

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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Executive Vice President

3. Date of Earliest Transaction (Month/Day/Year)
07/21/2025

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

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

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

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
Resticted Stock Units(1)	07/21/2025		A		2,040	A	$108.55	2,040	D

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

Explanation of Responses:

1. Each Restricted Stock Units represents a contingent right to receive AEP common stock upon vesting. The Restricted Stock Units vest in three equal installments on February 21, 2026, February 21, 2027, and February 21, 2028.

Remarks:

	/s/ David C. House, Attorney-in-Fact for Johannes G. Eckert	07/22/2025
	** 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.

FAQ

How many RVP shares did CEO Thomas J. Shaw purchase on 21 Jul 2025?

He bought 5,000 common shares.

What was the purchase price per share in the Form 4?

The shares were acquired at $0.66 each.

What is Shaw’s total direct ownership after the transaction?

His direct holdings stand at 15,464,130 shares.

Does Shaw have any indirect ownership in RVP?

Yes, he controls 831,600 shares indirectly via a trust and a voting agreement.

Was the trade executed under a Rule 10b5-1 plan?

Yes. The plan was adopted on 22 Aug 2024.

Is Thomas J. Shaw considered a 10% owner and officer of RVP?

Yes. He is President, CEO, Director, and a 10%+ beneficial owner.