Benjamin G. Fowke - Feb 26, 2024 Form 4 Insider Report for AMERICAN ELECTRIC POWER CO INC (AEP)

Signature
/s/ David C. House, Attorney-in-Fact for Benjamin G.S. Fowke III
Stock symbol
AEP
Transactions as of
Feb 26, 2024
Transactions value $
$5,999,969
Form type
4
Date filed
2/27/2024, 01:51 PM
Previous filing
Jan 23, 2024
Next filing
Apr 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AEP Common Stock Award $6M +72.8K +3785.13% $82.45 74.7K Feb 26, 2024 Direct F1, F2, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding AEP Phantom Stock Units 3.77K Feb 26, 2024 Common Stock 3.77K $0.00 Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of AEP common stock. These restricted stock units will vest subject to Mr. Fowke's continuous employment through the first to occur of February 26, 2025 or upon his replacement with a permanent chief executive officer.
F2 Was AEP Stock Price at the time of the transaction.
F3 The reporting director deferred the receipt of his $40,000 quarterly cash retainer into the AEP Stock Fund under the AEP Stock Unit Accumulation Plan for Non-Employee Directors. The reporting director may transfer amounts in the AEP Stock Fund into an alternative investment at any time.
F4 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.
F5 Includes units of reinvested dividends acquired pursuant to the dividend reinvestment feature of the Plan.