Form 4: AEP Executive Phillip R. Ulrich Reports Stock Unit Acquisition and Disposal
SEC Form 4 Filing
Phillip R. Ulrich, Executive Vice President at American Electric Power Co Inc, reports acquisition and disposal of restricted stock units.
Summary
- Phillip R. Ulrich, an Executive Vice President at American Electric Power Co Inc (AEP), filed a Form 4 detailing changes in beneficial ownership.
- On February 18, 2025, Ulrich acquired 2,935 restricted stock units (RSUs).
- Ulrich also disposed of 16,810 restricted stock units.
- Following these transactions, Ulrich's beneficial ownership of AEP securities is not explicitly stated, but the form indicates the changes in holdings.
- The restricted stock units vest in three equal installments on February 21, 2026, February 21, 2027 and February 21, 2028.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, and the transactions themselves don't inherently indicate positive or negative sentiment. It's a neutral reporting of facts.
Future Outlook
The document does not contain any specific forward-looking statements regarding the company's future performance.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency to investors regarding the holdings of company insiders.
Stakeholder Impact
- The filing provides transparency to shareholders regarding executive compensation and ownership.
- The transactions may have a minor impact on the market price of AEP stock.
Key Dates
| Date | Description |
|---|---|
| 02/18/2025 | Date of transaction: acquisition of 2,935 restricted stock units and disposal of 16,810 restricted stock units. |
| 02/21/2026 | First vesting date for restricted stock units. |
| 02/21/2027 | Second vesting date for restricted stock units. |
| 02/21/2028 | Third vesting date for restricted stock units. |
| 02/20/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, AEP, American Electric Power, Phillip R. Ulrich, Restricted Stock Units, Beneficial Ownership, Executive Vice President, Securities
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.