Form 4: AEP Executive Kate Sturgess Reports Stock Unit Acquisition and Disposal
SEC Form 4 Filing
Kate Sturgess, Controller and CAO of American Electric Power, reports the acquisition and disposal of restricted stock units.
Summary
- On February 18, 2025, Kate Sturgess, Controller and CAO of American Electric Power (AEP), filed a Form 4.
- The form reports the acquisition of 1,161 restricted stock units (RSUs).
- The form also reports the disposal of 0 restricted stock units.
- Following the reported transactions, Sturgess beneficially owns 12,610 RSUs.
- These RSUs vest in three equal installments on February 21, 2026, February 21, 2027, and February 21, 2028.
- Each RSU represents a contingent right to receive AEP common stock upon vesting.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing; sentiment is neither positive nor negative.
Industry Context
This filing is a routine disclosure related to executive compensation and is typical for publicly traded companies like American Electric Power.
Stakeholder Impact
- The filing provides transparency to shareholders regarding executive compensation.
Key Dates
| Date | Description |
|---|---|
| 02/18/2025 | Date of transaction: acquisition and disposal of restricted stock units |
| 02/20/2025 | Date of signature on the Form 4 filing |
| 02/21/2026 | First vesting date for the restricted stock units |
| 02/21/2027 | Second vesting date for the restricted stock units |
| 02/21/2028 | Third vesting date for the restricted stock units |
Keywords
Form 4, AEP, American Electric Power, Restricted Stock Units, RSU, Kate Sturgess, Controller, CAO, Beneficial Ownership, Securities
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