AEP (NYSE: AEP) director Daryl Roberts receives grant of phantom stock units

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

AMERICAN ELECTRIC POWER CO INC director Daryl Roberts received a compensation-related grant of phantom stock units linked to AEP common stock. On this Form 4, he acquired phantom stock units representing 324 underlying shares, bringing his phantom stock balance to 447 units. Each phantom stock unit tracks the cash value of one AEP common share and is payable in cash or shares after his Board service ends, under the AEP Stock Unit Accumulation Plan for Non-Employee Directors. This filing reflects a deferred compensation award rather than an open-market stock purchase or sale.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Roberts Daryl

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Phantom Stock Units	0	$131.08	--

Holdings After Transaction: Phantom Stock Units — 447 shares (Direct)

Footnotes (1)

Shares of phantom stock are payable in cash or shares following termination of the reporting person's service on the Board. The reporting person may transfer the phantom stock in the AEP Stock Plan account into an alternative investment account at any time. Amounts shown represent value in AEP Stock Plan under the AEP Stock Unit Accumulation Plan for Non-Employee Directors. Each share of phantom stock represents the right to receive the cash value of one share of AEP common stock. Was AEP Stock Price at the time of the transaction.

Key Figures

Phantom stock units after transaction: 447.0000 units Underlying common shares: 324.0000 shares AEP stock price at grant: $131.0800 per share +1 more

4 metrics

Phantom stock units after transaction 447.0000 units Total phantom stock units following transaction for Daryl Roberts

Underlying common shares 324.0000 shares Underlying AEP common stock tied to granted phantom stock units

AEP stock price at grant $131.0800 per share AEP stock price at time phantom stock units were valued

Conversion or exercise price 0.0000 Phantom stock units carry no separate exercise price

Key Terms

Phantom Stock Units, AEP Stock Unit Accumulation Plan for Non-Employee Directors, AEP Stock Plan, Grant, award, or other acquisition

4 terms

Phantom Stock Units financial

"Shares of phantom stock are payable in cash or shares following termination of the reporting person's service on the Board."

Phantom stock units are company promises that pay a cash or stock-equivalent award tied to the firm’s share price or value growth, but they do not issue actual shares. Think of them as a bonus check that moves with the stock like a mirror rather than handing over an ownership slice. Investors care because these awards can affect a company’s future cash obligations, executive incentives and reported expenses without causing share dilution.

AEP Stock Unit Accumulation Plan for Non-Employee Directors financial

"Amounts shown represent value in AEP Stock Plan under the AEP Stock Unit Accumulation Plan for Non-Employee Directors."

AEP Stock Plan financial

"The reporting person may transfer the phantom stock in the AEP Stock Plan account into an alternative investment account at any time."

Grant, award, or other acquisition financial

"transaction_code_description: Grant, award, or other acquisition"

Form 4 Insider Transactions: What Each Field Means →

04/02/2026 - 02:19 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Roberts Daryl

(Last)

(First)

(Middle)

1 RIVERSIDE PLAZA

(Street)

COLUMBUS

OHIO

43215

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
AMERICAN ELECTRIC POWER CO INC [ AEP ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/31/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Phantom Stock Units	$0	03/31/2026		A		0		⁽¹⁾	⁽¹⁾	Common Stock	324⁽²⁾	$131.08⁽³⁾	447	D

Explanation of Responses:

1. Shares of phantom stock are payable in cash or shares following termination of the reporting person's service on the Board. The reporting person may transfer the phantom stock in the AEP Stock Plan account into an alternative investment account at any time.

2. Amounts shown represent value in AEP Stock Plan under the AEP Stock Unit Accumulation Plan for Non-Employee Directors. Each share of phantom stock represents the right to receive the cash value of one share of AEP common stock.

3. Was AEP Stock Price at the time of the transaction.

Remarks:

	/s/ David C. House, Attorney-in-Fact for Daryl Roberts	04/02/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What did AEP director Daryl Roberts report in this Form 4 filing for AEP?

Daryl Roberts reported receiving a grant of phantom stock units tied to AEP common stock. The grant represents 324 underlying shares and increased his phantom stock balance to 447 units, functioning as deferred compensation rather than an open-market stock transaction.

How many phantom stock units does Daryl Roberts hold after this AEP transaction?

After this transaction, Daryl Roberts holds 447 phantom stock units. These units are part of the AEP Stock Unit Accumulation Plan for Non-Employee Directors and mirror the cash value of AEP common stock, payable after his service on the Board ends.

What does each phantom stock unit represent for AEP director Daryl Roberts?

Each phantom stock unit represents the right to receive the cash value of one share of AEP common stock. The value is tracked in the AEP Stock Plan, providing deferred, stock-based compensation to non-employee directors such as Daryl Roberts over their service period.

When can Daryl Roberts receive payment for his AEP phantom stock units?

The phantom stock units are payable in cash or AEP shares following termination of Daryl Roberts’ service on the Board. Until then, the units remain in the AEP Stock Plan as deferred compensation, tracking the value of AEP common stock over time.

Was the AEP Form 4 transaction a market buy or sell of AEP shares?

No, the reported Form 4 transaction was not a market buy or sell of AEP shares. It reflects a grant of phantom stock units as compensation, coded as an acquisition (A), with value linked to AEP stock rather than an open-market trade.

At what price were Daryl Roberts’ AEP phantom stock units valued in this grant?

The phantom stock units were valued using an AEP stock price of $131.08 at the time of the transaction. This price is used within the AEP Stock Plan to determine the value of the phantom stock units credited to Daryl Roberts’ deferred compensation account.

AEP (NYSE: AEP) director Daryl Roberts receives grant of phantom stock units

Rhea-AI Filing Summary

Positive