AMERICAN ELECTRIC POWER CO INC·4

Mar 12, 1:06 PM ET

Dixon Kate 4

Research Summary

AI-generated summary

Updated

American Electric Power (AEP) Controller Kate Dixon Receives 52-Share Award

What Happened
Kate Dixon, Controller and Chief Accounting Officer at American Electric Power (AEP), received an award of 52 shares on March 10, 2026 (transaction code A). The award was recorded at $132.31 per share for a gross value of about $6,880. To cover tax withholding (transaction code F), 24 of those shares were surrendered at the same price (≈$3,175), leaving a net of 28 shares retained (net value ≈$3,705). This was an award/grant rather than an open-market purchase or sale.

Key Details

  • Transaction date: 2026-03-10
  • Award: 52 shares @ $132.31 each — gross value ≈ $6,880
  • Tax withholding: 24 shares @ $132.31 each — value withheld ≈ $3,175
  • Net shares retained: 28 shares — net value ≈ $3,705
  • Filing: Form 4 filed 2026-03-12 (two days after the transaction) — appears timely under standard Form 4 reporting rules
  • Notable codes: A = award/grant; F = shares withheld for tax withholding
  • Shares owned after transaction: not specified in the provided filing details

Context
This was a grant/award to an executive, with a portion of the award withheld to satisfy tax obligations — a common, administrative step that reduces the net shares delivered. Because this was an equity award rather than an open-market purchase or sale, it should be read as compensation-related rather than a direct buy/sell signal about insider sentiment.