Hall Greg B 4
Research Summary
AI-generated summary
AEP Exec VP Greg Hall Receives Award; 4,306 Shares Withheld
What Happened
- Greg B. Hall, Executive Vice President of American Electric Power (AEP), had 4,306 restricted stock units (RSUs) withheld to satisfy tax withholding upon vesting. The withheld shares were recorded as a disposition at $136.91 per share, totaling approximately $589,534.
- This was a tax-withholding action tied to the vesting of RSUs (not an open-market sale or a purchase).
Key Details
- Transaction date: 2026-05-01; Price: $136.91 per share; Withheld shares: 4,306; Value: ~$589,534.
- Footnote: 9,654 RSUs granted April 28, 2025 vested on May 1, 2026; 4,306 of those units were withheld to cover the Reporting Person’s tax liability.
- Shares owned after the transaction: not specified in the filing.
- Filing: Reported on May 5, 2026 (filed within the standard two-business-day Form 4 filing window, so not late).
- Transaction code: F (tax withholding upon vesting).
Context
- This is a routine, administrative disposition: when RSUs vest, companies commonly withhold a portion of shares to meet tax obligations (a cashless settlement). Such withholding does not necessarily signal insider sentiment (unlike purchases or voluntary sales).