Form 4: AEP Executive Peggy Simmons Reports Stock Transaction
SEC Form 4
Executive Vice President Peggy Simmons reports a transaction involving American Electric Power (AEP) common stock due to vesting of restricted stock units.
Summary
- Peggy Simmons, an Executive Vice President at American Electric Power (AEP), reported a transaction on May 1, 2024, related to the vesting of restricted stock units.
- 102 common stock units were disposed of at a price of $88.15 to cover tax liabilities upon the vesting of 335 restricted stock units granted on February 21, 2021.
- Following the transaction, Simmons directly owns 13,996 shares of AEP common stock.
Sentiment
Score: 5
Explanation: This is a neutral report of a routine stock transaction related to executive compensation. It doesn't indicate positive or negative sentiment.
Industry Context
This is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| 2021-02-21 | Date of grant for the restricted stock units that vested. |
| 2024-05-01 | Date of the stock transaction due to vesting of restricted stock units. |
| 2024-05-02 | Date of the report filing. |
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