Christian T. Beam - Mar 20, 2023 Form 4 Insider Report for AMERICAN ELECTRIC POWER CO INC (AEP)

Signature
/s/ David C. House, Attorney-in-Fact for Christian I. Beam
Stock symbol
AEP
Transactions as of
Mar 20, 2023
Transactions value $
-$257,892
Form type
4
Date filed
3/22/2023, 02:23 PM
Previous filing
Feb 27, 2023
Next filing
May 2, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AEP Common Stock Sale -$258K -2.83K -35.2% $91.16 5.21K Mar 20, 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

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).

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 18, 2022.