Ulrich Phillip R. 4

What Happened

• Phillip R. Ulrich, Executive Vice President of American Electric Power (AEP), received an award of 110 shares on 2026-03-10 (code A) at an indicated price of $132.31 per share (total value $14,554). To cover tax withholding (code F), 50 of those shares were disposed on the same date at $132.31 per share (proceeds/value $6,616). Net result from the grant and withholding is an increase of 60 shares.

Key Details

• Transaction dates and prices: 2026-03-10 — Award: 110 shares @ $132.31 ($14,554); Tax withholding/disposition: 50 shares @ $132.31 ($6,616).
• Transaction types: A = Award/Grant (acquisition); F = Tax withholding/disposition (to satisfy tax liability).
• Net share change from these entries: +60 shares (110 granted minus 50 withheld).
• Shares owned after transaction: not provided in the supplied filing details.
• Filing date: 2026-03-12 reporting the 2026-03-10 transactions; appears timely (filed within the usual 2-business-day window).
• No 10b5-1 plan or other footnotes were reported in the provided data.

Context

• This was a compensation-related equity award, a routine corporate action that typically reflects pay practices rather than a market sentiment signal. The 50-share disposition was a tax withholding event (common with grants) and not necessarily a voluntary sale for investment reasons. Purchases by insiders tend to be more informative than routine awards or withholding-related disposals.