Form 4: AEP Director Gary Hunter Clark Reports Acquisition of Phantom Stock Units

Director Gary Hunter Clark reports acquisition of phantom stock units and updates beneficial ownership of American Electric Power Co Inc.

Summary

• On March 31, 2025, Director Gary Hunter Clark acquired phantom stock units of American Electric Power Co Inc.
• The transaction involved the acquisition of 388.94 phantom stock units.
• Following the transaction, Mr. Clark's direct ownership includes 2,114.6 phantom stock units.
• The price of AEP stock at the time of the transaction was $109.27.
• 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.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing a transaction 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 related to insider transactions, which are common in publicly traded companies. It provides transparency into the holdings and transactions of company directors.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the transactions of company insiders.

Key Dates

Keywords

Form 4, Beneficial Ownership, AEP, American Electric Power, Director, Gary Hunter Clark, Phantom Stock Units, Stock Units