Form 4: AEP Executive Antonio P. Smyth Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Executive Vice President Antonio P. Smyth reports acquisition and disposal of American Electric Power (AEP) common stock and performance share units.
Summary
- Antonio P. Smyth, an Executive Vice President at American Electric Power (AEP), filed a Form 4 detailing changes in his beneficial ownership of AEP securities.
- On February 26, 2025, Smyth acquired 3,666 shares of AEP common stock at $0, and disposed of 238 shares at $0.
- Following these transactions, Smyth directly owns 11,860 shares of AEP common stock.
- Smyth also received performance share units under the AEP Long-Term Incentive Plan and deferred 3,428 vested units (net of taxes) into Career Shares (phantom stock) in AEP's Stock Ownership Requirement Plan, payable upon termination of employment.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing with no inherent positive or negative sentiment.
Future Outlook
The Career Shares become payable upon the reporting person's termination of employment with AEP.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The filing provides transparency to shareholders regarding executive stock ownership.
Key Dates
| Date | Description |
|---|---|
| 02/26/2025 | Date of common stock acquisition and disposal. |
| 02/28/2025 | Date of signature by Attorney-in-Fact. |
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