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

Rhea-AI Filing Summary

Form 4 filing overview: On 06/30/2025 American Electric Power Co. (AEP) director Lewis Von Thaer acquired 409.59 phantom stock units credited at a reference price of $103.76 per unit. Following the transaction, the director holds 6,709.07 phantom stock units in total.

Phantom stock units are a derivative form of compensation that track the value of AEP common shares and settle in cash or shares when board service ends, unless the director elects a deferral of up to five years. No open-market purchase or sale of common shares occurred; the filing reflects routine board compensation and does not change the public float or share count.

Insights

Equity Compensation Analyst

TL;DR: Routine phantom stock credit; minimal investment impact.

The reported acquisition is part of AEP’s standard non-employee director compensation plan. With a market value of roughly $42,500, the award is immaterial relative to AEP’s multibillion-dollar market cap and does not signal insider sentiment through open-market buying. It nonetheless modestly increases director equity alignment via deferred, share-settled units. I view the filing as neutral for valuation or trading decisions.

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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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^*

Von Thaer Lewis

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
06/30/2025

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

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
Phantom Stock Units	$0	06/30/2025		A		409.59		(1)	(1)	Common Stock	409.59	$103.76(2)	6,709.07	D

Explanation of Responses:

1. Stock Units are paid to the director in cash or shares upon termination of service unless the director has elected to defer payment for a period that results in payment commencing not later than five years thereafter.

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

Remarks:

	/s/ David C. House, Attorney-in Fact for Lewis Von Thaer	07/02/2025
	** 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

What did AEP director Lewis Von Thaer report in the Form 4 dated 07/02/2025?

He acquired 409.59 phantom stock units on 06/30/2025 at a reference price of $103.76.

How many phantom stock units does the director now hold after the transaction?

Lewis Von Thaer now beneficially owns 6,709.07 phantom stock units.

Are phantom stock units actual AEP shares?

No. They are derivative units that mirror AEP’s share price and settle in cash or shares when board service ends.

Does this Form 4 indicate insider buying of common stock on the open market?

No. The filing reflects a routine board compensation grant; no open-market purchase or sale of AEP common shares is reported.

Is the transaction material to AEP shareholders?

Given its value of roughly $42,500, it is considered immaterial to AEP’s overall financial position.