Form 4: Sandra Beach Lin Reports Changes in Beneficial Ownership of American Electric Power Co Inc Stock

Sandra Beach Lin, a director of American Electric Power Co Inc, reports changes in her beneficial ownership of AEP stock, including the acquisition of phantom stock units and common stock.

Summary

• Sandra Beach Lin, a director of American Electric Power Co Inc (AEP), filed a Form 4 with the SEC on April 2, 2025.
• The report details changes in her beneficial ownership of AEP securities.
• On March 31, 2025, Lin acquired phantom stock units under the AEP Stock Unit Accumulation Plan for Non-Employee Directors.
• She also acquired common stock at a price of $109.27 per share, resulting in a total direct ownership of 17,252.24 shares.
• The phantom stock units represent the right to receive the cash value of one share of AEP common stock and are payable in cash following termination of her service on the Board.
• Lin can transfer the phantom stock in the AEP Stock Plan account into an alternative investment account at any time.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing, so the sentiment is neutral. It simply reports transactions.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates changes in the director's holdings of company stock and related instruments.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the director's stake in the company.
• It assures stakeholders that the director's interests are aligned with theirs.

Key Dates

Keywords

Form 4, beneficial ownership, AEP, American Electric Power, Sandra Beach Lin, phantom stock, common stock, director