Cannon Douglas A 4

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.