4/A: American Electric Power Director Sara Martinez Tucker Corrects Stock Ownership in Amended SEC Filing

Sentiment:

SEC Filing (Form 4/A)


Sara Martinez Tucker, a director at American Electric Power, files an amended Form 4 with the SEC to correct the number of securities beneficially owned following a transaction on September 30, 2024.

Summary

  • This is an amended SEC Form 4 filing by Sara Martinez Tucker, a director at American Electric Power (AEP).
  • The amendment corrects an error in the original filing regarding the number of securities beneficially owned after a transaction.
  • On September 30, 2024, Tucker acquired 414.23 phantom stock units under the AEP Stock Unit Accumulation Plan for Non-Employee Directors.
  • Each phantom stock unit represents the right to receive the cash value of one share of AEP common stock.
  • The price of AEP stock at the time of the transaction was $102.6.
  • The corrected filing shows Tucker's direct ownership of 28,237 shares of common stock.
  • The original filing incorrectly reported the number of securities beneficially owned following the transaction as 56,909.75.

Sentiment

Score: 6

Explanation: The document is a routine regulatory filing correcting a previous error. It doesn't contain any information that would significantly impact investor sentiment positively or negatively.

Negatives

  • The original filing contained an error in the reported number of securities beneficially owned.

Industry Context

This filing is a routine disclosure related to insider transactions and holdings, which is a standard practice for publicly traded companies like American Electric Power. It provides transparency to investors regarding the ownership stake of company directors.

Key Dates

DateDescription
09/30/2024Date of the transaction involving the acquisition of phantom stock units.
10/02/2024Date of original filing (amended on 01/03/2025).
01/03/2025Date of the amended filing.

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