Form 4: AEP Director Daryl Roberts Reports Changes in Beneficial Ownership

Director Daryl Roberts reports changes in beneficial ownership of American Electric Power Co Inc. stock, including the acquisition of phantom stock units and the disposition of common stock.

Summary

• Daryl Roberts, a director of American Electric Power Co Inc. (AEP), filed a Form 4 with the SEC on January 3, 2025.
• The filing reports changes in Mr. Roberts' beneficial ownership of AEP securities.
• On December 31, 2024, Mr. Roberts acquired 460.8 phantom stock units.
• Also on December 31, 2024, Mr. Roberts disposed of 480.6 shares of common stock at a price of $92.23 per share.
• Following these transactions, Mr. Roberts beneficially owns 8,321.69 shares of AEP common stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting stock transactions by a company director. It doesn't inherently convey positive or negative sentiment.

Future Outlook

The 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 filing is a routine disclosure of stock transactions by a company insider, which is a common practice for publicly traded companies. It provides transparency to investors regarding the actions of company leadership.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the stock transactions of a company director.

Key Dates