Form 4: AEP Executive Phillip R. Ulrich Reports Stock Transactions
SEC Form 4 Filing
Phillip R. Ulrich, Senior Vice President at American Electric Power Co Inc, reports acquisition and disposal of restricted stock units.
Summary
- Phillip R. Ulrich, a Senior Vice President at American Electric Power Co Inc (AEP), filed a Form 4 with the SEC.
- The report details changes in his beneficial ownership of AEP securities.
- On February 23, 2024, Ulrich acquired 3,032 restricted stock units (RSUs).
- He also disposed of 8,697 RSUs.
- Following these transactions, Ulrich beneficially owns 8,697 AEP securities.
- The RSUs vest in three equal installments on February 21, 2025, February 21, 2026 and February 21, 2027.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing, so the sentiment is neutral.
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.
Key Dates
| Date | Description |
|---|---|
| 02/23/2024 | Date of stock acquisition and disposal. |
| 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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