Form 4: AEP Director Linginfelter Reports Acquisition of Phantom Stock Units

Director Henry P. Linginfelter reports acquisition of phantom stock units and updates to beneficial ownership of American Electric Power Co Inc.

Summary

• On March 31, 2025, Henry P. Linginfelter, 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, Linginfelter's direct ownership includes 2,114.6 phantom stock units.
• These stock units will be paid in cash or shares upon termination of service, unless payment is deferred.
• The AEP stock price at the time of the transaction was $109.27.

Sentiment

Score: 7

Explanation: The sentiment is neutral as it reflects a standard transaction filing. The acquisition of phantom stock units is a part of executive compensation and doesn't inherently indicate positive or negative sentiment.

Future Outlook

The phantom stock units will be paid out in cash or shares upon termination of service, unless the director elects to defer payment.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding director compensation and ownership.

Key Dates

Keywords

Form 4, AEP, American Electric Power Co Inc, Linginfelter, Director, Phantom Stock Units, Beneficial Ownership, Securities