MIHALIK TREVOR I 4
Research Summary
AI-generated summary
AEP CFO Trevor Mihalik Receives 61-Share Award; 28 Shares Withheld
What Happened
- Trevor I. Mihalik, Executive Vice President & Chief Financial Officer of American Electric Power (AEP), received a grant/award of 61 shares on March 10, 2026 at $132.31 per share (total value ≈ $8,071).
- To cover tax obligations related to the award, 28 shares were withheld/disposed at the same per-share value ($132.31), representing about $3,705.
Key Details
- Transaction date: 2026-03-10; Form 4 filed 2026-03-12 (timely).
- Award: 61 shares @ $132.31 (code A). Tax withholding: 28 shares @ $132.31 (code F).
- Shares owned after the transaction: not specified in the provided filing details.
- Footnotes/notes: The F-code disposal reflects shares withheld to satisfy tax withholding; this is a common administration of equity awards, not an open-market sale.
Context
- Code A indicates an equity award/grant; code F indicates shares were withheld to pay tax liabilities on that award. Withholding of shares is routine and typically part of standard compensation tax settlement, so it shouldn't be read as a voluntary sale signaling a change in insider sentiment.