Form 4: AEP Director Lewis Von Thaer Reports Acquisition of Phantom Stock Units

Director Lewis Von Thaer reports acquisition of phantom stock units and updates beneficial ownership of American Electric Power Co Inc.

Summary

• On March 31, 2025, Lewis Von Thaer, a director of American Electric Power Co Inc. (AEP), acquired phantom stock units.
• The transaction involved the acquisition of 388.94 phantom stock units.
• Following the transaction, Mr. Von Thaer directly owns 6,242.48 shares of common stock.
• The AEP stock price 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, indicating neutral sentiment.

Future Outlook

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

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, which can be an indicator of management's confidence in the company's future performance.

Stakeholder Impact

• Shareholders are informed about the director's holdings and transactions.

Key Dates

Keywords

Form 4, AEP, American Electric Power, Director, Lewis Von Thaer, Phantom Stock Units, Beneficial Ownership, Stock Acquisition