Form 4: AEP Executive Greg B. Hall Reports Stock Transactions
SEC Form 4
Executive Vice President Greg B. Hall reports acquisition and disposal of American Electric Power Co. Inc. restricted stock units.
Summary
- Greg B. Hall, an Executive Vice President at American Electric Power Co. Inc. (AEP), filed a Form 4 detailing changes in beneficial ownership.
- On February 23, 2024, Hall acquired 3,335 Restricted Stock Units (RSUs).
- Hall also disposed of 9,610 RSUs on the same day.
- Following these transactions, Hall beneficially owns 9,610 RSUs.
- The RSUs vest in three equal installments on February 21, 2025, February 21, 2026, and February 21, 2027.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is a common practice in publicly traded companies to ensure transparency and compliance with securities regulations.
Stakeholder Impact
- The filing provides transparency to shareholders regarding executive compensation and stock ownership.
Key Dates
| Date | Description |
|---|---|
| 02/23/2024 | Date of transaction: acquisition and disposal of Restricted Stock Units |
| 02/21/2025 | First vesting date for restricted stock units |
| 02/21/2026 | Second vesting date for restricted stock units |
| 02/21/2027 | Third vesting date for restricted stock units |
| 02/27/2024 | Date of Form 4 signature |
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