AEP EVP Greg B Hall Withholds 1,741 Shares to Cover Taxes
$AEP · AMERICAN ELECTRIC POWER CO INCResearch Summary
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AEP EVP Greg B Hall Withholds 1,741 Shares to Cover Taxes
What Happened Greg B Hall, Executive Vice President of American Electric Power (AEP), had 1,741 restricted stock units (RSUs) withheld to cover his tax liability when a RSU award vested on August 1, 2026. The withheld shares are reported as a disposition at $128.32 per share, for a total value of approximately $223,405. This was a routine tax-withholding transaction tied to vesting, not an open-market sale signaling a change in investment stance.
Key Details
- Transaction date: August 1, 2026; filing date: August 4, 2026 (Form 4 accession 0001628280-26-052250).
- Reported disposition: 1,741 shares withheld at $128.32/share, total ~$223,405.
- Grant and vesting: 5,880 RSUs granted July 15, 2024 vested on August 1, 2026; 1,741 RSUs were withheld for taxes, leaving 4,139 RSUs delivered to the reporting person.
- Shares owned after transaction: not specified in the provided excerpt of the filing.
- Transaction code: F (tax withholding on vested award) — a routine administrative action, not a market sale by the insider.
Context Tax-withholding by surrendering or withholding vested shares is common and does not necessarily indicate insider sentiment about the company. The filing reports the administrative disposition of shares to satisfy tax obligations rather than a discretionary sale or purchase.