American Electric Power CEO William Fehrman Withholds 6,283 Shares for Taxes

What Happened
William Fehrman, CEO and President of American Electric Power (AEP), had 6,283 restricted stock units (RSUs) withheld to satisfy tax withholding upon vesting. The withheld shares were valued at $128.32 each, totaling approximately $806,235. This was a tax-withholding disposal of shares tied to an RSU vesting event, not an open-market sale.

Key Details

• Transaction date: August 1, 2026; Report filed: August 4, 2026.
• Withheld/Disposed: 6,283 shares at $128.32 per share; total value ≈ $806,235.
• Reason/code: F — shares withheld to cover tax liability (cashless/withholding upon vesting).
• Footnote: 14,085 RSUs granted Aug 1, 2024 vested on Aug 1, 2026; 6,283 of those vested units were withheld for taxes (F1).
• Shares owned after transaction: not specified in the provided filing.
• Filing timeliness: no late-filing flag indicated in the provided data.

Context
This was a routine tax-withholding event associated with RSU vesting (a common non-market disposition) rather than a discretionary sale or purchase signaling investment intent. For retail investors, purchases are typically more informative about insider sentiment; withholding to pay taxes is standard and does not necessarily reflect a view on the company’s stock.