Von Thaer Lewis 4
Research Summary
AI-generated summary
American Electric Power (AEP) Director Von Thaer Lewis Receives Award
What Happened
- Von Thaer Lewis, a director of American Electric Power (AEP), reported a grant/award of derivative stock units on 2026-03-31. The Form 4 records 0 shares acquired and a reference stock price of $131.08; the transaction value is reported as $0 in this filing. This was an award (grant) of stock units rather than an open-market buy or sale.
Key Details
- Transaction date: 2026-03-31; Filing date: 2026-04-02 (filed within the normal reporting window).
- Transaction type: Grant/Award of derivative stock units (code A).
- Shares reported acquired: 0; Reported transaction value: $0.
- Reference price (F2): $131.08 — noted as AEP stock price at time of transaction.
- Footnote (F1): These stock units are paid in cash or shares upon termination of service unless the director elected to defer payment up to five years.
- Shares owned after transaction: Not specified in this summary filing.
Context
- This was a grant of deferred/derivative stock units, not an immediate cash purchase or sale of common shares. Such awards typically represent compensation and may be settled in cash or shares at a future date (per F1), so they do not directly signal an immediate bullish or bearish trade by the insider.