Form 4: AEP Director Donna James Reports Acquisition of Phantom Stock Units
SEC Form 4 Filing
Director Donna James reports acquiring phantom stock units and updates direct ownership of common stock in American Electric Power Co Inc.
Summary
- On March 31, 2025, Director Donna James acquired phantom stock units in American Electric Power Co Inc.
- The transaction involved the acquisition of 388.94 phantom stock units.
- Following the transaction, Donna James directly owns 5,623.71 shares of common stock.
- The price of AEP stock at the time of the transaction was $109.27.
- The reporting person is a director of American Electric Power Co Inc.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing, reflecting standard insider trading activity. It doesn't inherently convey positive or negative sentiment.
Future Outlook
The phantom stock units are paid in cash or shares upon termination of service, with potential deferral options.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency regarding the holdings and transactions of company directors.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding the director's stake in the company.
- The filing ensures compliance with SEC regulations, maintaining investor confidence.
Key Dates
| Date | Description |
|---|---|
| 03/31/2025 | Date of transaction: Acquisition of phantom stock units. |
| 04/02/2025 | Date of signature for the report. |
Keywords
Form 4, AEP, American Electric Power, Donna James, Director, Phantom Stock Units, Beneficial Ownership, Stock Acquisition
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