Cannon Douglas A 4

What Happened
Douglas A. Cannon, President — AEP Transmission, was granted 11 shares of American Electric Power (AEP) stock on March 10, 2026 (transaction code A). The award was recorded at $132.31 per share (total value about $1,455). The filing also shows 5 shares withheld to cover tax liability (transaction code F) valued at roughly $662, resulting in a net increase of 6 shares (about $794).

Key Details

• Transaction dates: March 10, 2026 (reported on Form 4 filed March 12, 2026). Filing appears timely (within the typical two-business-day window).
• Grant: 11 shares @ $132.31 each (total ≈ $1,455).
• Withholding: 5 shares @ $132.31 each withheld for tax liability (total ≈ $662).
• Net shares received: 6 shares (11 granted − 5 withheld) ≈ $794 in value.
• Shares owned after transaction: Not specified in the filing.
• Codes: A = award/grant/acquisition; F = payment of exercise price or tax liability (share withholding). No 10b5-1 plan or other footnotes reported.

Context
This filing reflects an equity award (grant) with shares withheld to satisfy tax obligations — a common net-settlement practice for restricted stock or RSU vesting. Such awards are routine compensation events for executives and should not be interpreted alone as a market sentiment signal.