American Electric Power (AEP) CEO William Fehrman Receives Award

What Happened

• William Fehrman, CEO, President and a director of American Electric Power (AEP), received 96 shares as an award on March 10, 2026. The reported grant price/value was $132.31 per share, totaling about $12,702. To cover tax withholding related to the award, 45 shares were surrendered/withheld at the same price, valued at about $5,954. The award is an acquisition (code A) and the withholding is reported as tax payment (code F).

Key Details

• Transaction date: 2026-03-10 (reported on Form 4 filed 2026-03-12).
• Award: 96 shares @ $132.31 per share = $12,702 (code A).
• Tax withholding: 45 shares @ $132.31 per share = $5,954 (code F).
• Shares owned after the transaction: not specified in the information provided in this summary.
• Notable footnotes: withholding of 45 shares indicates tax liability satisfied via share withholding (routine for equity awards). No 10b5-1 plan or late-filing flag was indicated in the provided details.

Context

• This transaction reflects receipt of an equity award (not an open-market purchase or sale). Withholding shares to cover taxes is common after grants and does not necessarily indicate a change in the insider’s view of the company. Purchases are generally more informative as bullish signals; awards and routine withholdings are standard compensation events for executives.