STOCK TITAN

American Electric Power insider filing shows routine tax share withholding

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

American Electric Power (AEP) – Form 4 filed 4 Aug 2025

CEO & President William Fehrman disclosed a routine equity-compensation event. On 1 Aug 2025, 13,655 restricted stock units granted on 1 Aug 2024 vested. To satisfy statutory tax obligations, 6,193 units were automatically withheld and disposed of at an implied price of $113.58 (transaction code “F”). Following the withholding, Fehrman directly owns 73,174 AEP common shares.

The filing represents an internal share settlement rather than an open-market purchase or sale and therefore carries minimal implication for public float or insider sentiment.

Positive

  • None.

Negative

  • None.

Insights

TL;DR: Routine tax withholding; no directional insider signal.

The F-code indicates the shares were withheld solely to cover withholding taxes upon RSU vesting, a common administrative action for executives. Ownership remains substantial at 73,174 shares, demonstrating continued alignment with shareholders. No open-market activity occurred, so there is little to conclude about Fehrman’s view on valuation. From a liquidity standpoint, 6,193 shares (<5 bp of AEP’s float) are immaterial. Overall impact on valuation or sentiment: neutral.

TL;DR: Compliance event, governance status unchanged, impact neutral.

Form 4 confirms timely Section 16 reporting and proper handling of tax liabilities via share withholding—standard best practice. The executive retains board and officer roles, indicating no governance shift. The transaction does not trigger dilution concerns, nor does it raise red flags about insider disposition. Investors should treat it as housekeeping rather than a strategic trade.

Insider Fehrman William
Role CEO and President
Type Security Shares Price Value
Tax Withholding Resticted Stock Units 6,193 $113.58 $703K
Holdings After Transaction: Resticted Stock Units — 73,174 shares (Direct)
Footnotes (1)
  1. [object Object]
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*
Fehrman William

(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
X Officer (give title below) Other (specify below)
CEO and President
3. Date of Earliest Transaction (Month/Day/Year)
08/01/2025
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 08/01/2025 F 6,193(1) D $113.58 73,174 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. A portion of the Reporting Person's restricted stock units (13,655) granted on August 1, 2024, vested on August 1, 2025. Upon vesting, 6,193 restricted stock units were withheld to satisfy the Reporting Person's tax liability.
Remarks:
/s/ David C. House, Attorney-in-Fact for William Fehrman 08/04/2025
** 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 transaction did AEP CEO William Fehrman report on 1 Aug 2025?

He reported an automatic tax-withholding disposition of 6,193 restricted stock units that vested on the same date.

How many AEP shares were withheld to cover taxes?

6,193 shares were withheld from the vested RSUs.

At what price were the withheld AEP shares valued?

The shares were valued at $113.58 per share for withholding purposes.

How many AEP shares does Fehrman still own after the transaction?

He holds 73,174 AEP common shares directly.

Does the Form 4 indicate any open-market buying or selling by the CEO?

No. The transaction code “F” shows shares were withheld for taxes; no open-market trade occurred.