Form 4: AEP Director Benjamin G.S. Fowke III Reports Stock Transactions

Director Benjamin G.S. Fowke III reports acquiring and disposing of American Electric Power (AEP) common stock and phantom stock units.

Summary

• On December 31, 2024, Director Benjamin G.S. Fowke III acquired 328.61 shares of AEP common stock at $92.23 per share through the AEP Stock Unit Accumulation Plan for Non-Employee Directors.
• On the same date, the director disposed of 2,265.69 shares of common stock.
• The director also acquired 351.79 phantom stock units.
• Following these transactions, the director directly owns 50,898 shares of common stock and 4,613.44 phantom stock units.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting stock transactions, indicating a neutral sentiment.

Future Outlook

The reporting director may transfer amounts in the AEP Stock Fund into an alternative investment at any time. 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.

Industry Context

This Form 4 filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency into the trading activities of company directors and officers.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in the director's holdings.

Key Dates