Form 4: American Electric Power Executive VP Charles Zebula Reports Stock Transactions
SEC Form 4 Filing
Charles E. Zebula, Executive VP & CFO of American Electric Power, reports the acquisition and disposal of company stock on March 22, 2024, according to a Form 4 filing.
Summary
- Charles E. Zebula, Executive VP & CFO of American Electric Power Co Inc, filed a Form 4 on March 26, 2024, reporting changes in beneficial ownership of the company's stock.
- On March 22, 2024, Zebula acquired 152 shares of common stock at a price of $83.84.
- Also on March 22, 2024, Zebula disposed of 83 shares of common stock at a price of $83.84.
- Following these transactions, Zebula directly owns 54,861 shares of American Electric Power common stock.
- The sales reported were effected pursuant to a Rule 10b5-1 trading plan adopted on November 18, 2021.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing simply reports stock transactions under a pre-existing trading plan, with no indication of positive or negative outlook.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Key Dates
| Date | Description |
|---|---|
| 2021-11-18 | Date of adoption of Rule 10b5-1 trading plan |
| 2024-03-22 | Date of stock acquisition and disposal |
| 2024-03-26 | Date of Form 4 filing |
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