Knapp Alicia R 4
Research Summary
AI-generated summary
AEP Alicia Knapp Receives Restricted Stock Award
What Happened
- Alicia R. Knapp, President, Nuclear Development at American Electric Power (AEP), received a grant of 4,798 restricted stock units (RSUs) on 2026-02-17. The award is recorded at $130.24 per unit for a total grant value of $624,892. This is an equity compensation award (grant), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-02-17; Form 4 filed: 2026-02-19 (timely).
- Grant: 4,798 RSUs at $130.24 per unit; total grant value $624,892. Transaction code: A (award/grant).
- Vesting: RSUs vest in three equal installments on Feb 21, 2027; Feb 21, 2028; and Feb 21, 2029 (see footnote F1).
- Shares owned after transaction: not specified in the filing.
- No 10b5-1 plan, sale, or tax-withholding event reported in this filing.
Context
- Restricted stock units are rights to receive common shares upon vesting; they are not immediate company stock and may be forfeited if vesting conditions aren't met. Awards like this are typically part of executive compensation and do not by themselves indicate a buy/sell signal.