Form 4: AEP Executive Phillip R. Ulrich Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Phillip R. Ulrich, an Executive Vice President at American Electric Power (AEP), reported transactions involving common stock and performance share units.
Summary
- On February 26, 2025, Phillip R. Ulrich reported the acquisition of 9,589 shares of AEP common stock and the disposal of 4,041 shares.
- Following these transactions, Ulrich directly owns 13,083 shares of AEP common stock.
- Ulrich also deferred the receipt of 5,458 vested performance units (net of taxes) into Career Shares (phantom stock) in AEP's Stock Ownership Requirement Plan, which become payable upon termination of employment.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing, reflecting neutral sentiment as it reports transactions without expressing opinions or forecasts.
Industry Context
This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities and alignment with company performance.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the trading activities of a key executive.
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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