American Electric Power Co Inc: director Art A Garcia received 0 shares

What happened Art A Garcia, a director, received a grant of 0 shares of phantom stock (derivative) under the AEP Stock Unit Accumulation Plan for Non-Employee Directors. The filing reports a per-share price of $118.64 and a total reported value of $0.

Key details

• Transaction date and price: Sep 30, 2026 at $118.64 per share.
• Shares received and value: 0 shares; total value $0.
• Shares owned after the transaction: the filing does not list shares owned after the transaction.
• Relevant footnotes:
  • F1: Each phantom share represents the right to receive the cash value of one share of AEP common stock under the AEP Stock Unit Accumulation Plan for Non-Employee Directors.
  • F2: Phantom shares are payable in cash or shares following termination of Board service; the holder may transfer phantom stock into an alternative investment account at any time.
  • F3: $118.64 was the AEP stock price at the time of the transaction.
• Filing date: Oct 2, 2026; the filing does not indicate a late filing flag.

Why it may matter

• This was an award of phantom stock (derivative), not a market purchase or sale.
• Phantom stock is payable in cash or shares per the plan rules and is a non-executive director award in this filing. A filing does not show why the insider traded or why the company acted.