Fehrman William 4

What Happened William Fehrman, President & CEO (and director) of American Electric Power Co., received a grant of 26,105 restricted stock units on February 17, 2026. The grant is reported at a value of $130.24 per share, totaling $3,399,915. This was an award/grant (not an open‑market purchase or sale).

Key Details

• Transaction type/date: Grant of restricted stock units on 2026-02-17 (Form 4 filed 2026-02-19).
• Price/value: $130.24 per share; total reported value $3,399,915.
• Shares owned after transaction: Not specified in the Form 4 filing.
• Footnote: Each RSU represents a right to receive AEP common stock upon vesting; the RSUs vest in three equal installments on Feb 21, 2027; Feb 21, 2028; and Feb 21, 2029.
• Timeliness: Filing appears timely (transaction 2/17/2026; Form 4 filed 2/19/2026).

Context Restricted stock units are compensation awards that convert to actual shares only upon vesting; they do not represent immediately tradable shares. Such grants are routine elements of executive pay and should be viewed as compensation rather than direct open‑market buying activity.