MIHALIK TREVOR I 4

What Happened

Trevor I. Mihalik, Executive Vice President & Chief Financial Officer of American Electric Power (AEP), received a grant of 7,678 restricted stock units (RSUs) on February 17, 2026. The filing values the grant at $130.24 per share for a total of $999,983. This transaction is an award/grant (code A) of RSUs — an acquisition as part of compensation rather than an open-market purchase.

Key Details

• Transaction date: 2026-02-17 (reported on Form 4 filed 2026-02-19).
• Grant amount and value: 7,678 RSUs at $130.24 each; aggregate value $999,983 (~$1.0M).
• Security type: Restricted Stock Units (each represents a right to receive AEP common stock upon vesting).
• Vesting: RSUs vest in three equal installments on Feb 21, 2027; Feb 21, 2028; and Feb 21, 2029 (per footnote).
• Shares owned after transaction: Not disclosed in the Form 4.
• Filing timeliness: Reported two days after the grant date (no late-filing flag noted).

Context

RSUs do not convert to actual shares until they vest; the grantee does not immediately receive tradable stock. Such grants are a common form of executive compensation and should be viewed as part of pay structure rather than a direct market buy signal.