Cannon Douglas A 4
4 · AMERICAN ELECTRIC POWER CO INC · Filed May 5, 2026
Research Summary
AI-generated summary of this filing
AEP President Douglas Cannon Withholds 1,770 Shares for Taxes
What Happened
- Douglas A. Cannon, President — AEP Transmission at American Electric Power (AEP), had 1,770 restricted stock units withheld to cover tax withholding upon vesting. The shares were valued at $136.91 each, for a total withholding value of $242,331. This was a tax-withholding disposition, not an open-market sale.
Key Details
- Transaction date: 2026-05-01
- Report filed: 2026-05-05 (within the SEC two-business-day filing window)
- Price used for withholding: $136.91 per share
- Shares withheld/disposed: 1,770; total value: $242,331
- Shares owned after transaction: not specified in the filing
- Footnote: 6,081 RSUs granted on June 11, 2025 vested on May 1, 2026; 1,770 of those RSUs were withheld to satisfy the reporting person's tax liability (transaction code F = tax withholding)
Context
- This was a routine tax-withholding event tied to the vesting of restricted stock units (RSUs), not an open-market sale or a cash purchase. Such withholdings are common and do not necessarily signal the insider's view of the company's stock.
Insider Transaction Report
Form 4
Cannon Douglas A
President AEP Transmission
Transactions
- Tax Payment
Resticted Stock Units
[F1]2026-05-01$136.91/sh−1,770$242,331→ 25,655 total
Footnotes (1)
- [F1]A portion of the Reporting Person's restricted stock units (6,081) granted on June 11, 2025, vested on May 1, 2026. Upon vesting, 1,770 restricted stock units were withheld to satisfy the Reporting Person's tax liability.
Signature
/s/ David C. House, Attorney-in-Fact for Douglas A. Cannon|2026-05-05