Form 4: American Electric Power Director Henry P. Linginfelter Reports Stock Unit Acquisition

Director Henry P. Linginfelter reports acquisition of phantom stock units and updates to beneficial ownership of American Electric Power Co Inc.

Summary

• On December 31, 2024, Henry P. Linginfelter, a director of American Electric Power Co Inc. (AEP), acquired 460.8 phantom stock units.
• These stock units are payable in cash or shares upon termination of service, with potential deferral options.
• The price of AEP stock at the time of the transaction was $92.23.
• Following the reported transaction, Linginfelter directly owns 1,710.83 shares.
• The report was signed by David C. House, Attorney-in-Fact for Henry P. Linginfelter on January 3, 2025.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing detailing stock unit transactions. It doesn't inherently convey positive or negative sentiment.

Future Outlook

The stock units are paid to the director in cash or shares upon termination of service unless the director has elected to defer payment for a period that results in payment commencing not later than five years thereafter.

Industry Context

This filing is a routine disclosure related to insider transactions, which are common in publicly traded companies. It provides transparency into the holdings and transactions of company directors.

Stakeholder Impact

• The transaction may have a minor impact on shareholders due to the change in beneficial ownership, but it is unlikely to be significant.

Key Dates