AEP Director Daryl Roberts Acquires Phantom Stock Units
AMERICAN ELECTRIC POWER CO INC
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Filing Summary
š Insider Acquisition Alert: American Electric Power Co Inc ($AEP)
ā¢ Insider: Daryl Roberts (Director) ā¢ Transaction Date: 2026-09-30 ā¢ Type: Grant / Award (Phantom Stock Units) ā¢ Shares: 379 units @ $118.64 (~$44,965) ā¢ Post-Transaction Holdings: 1,147 units ā¢ Significance: Low (Routine Director Compensation)
Comprehensive Analysis
Insider Transaction Summary
Daryl Roberts, a member of the Board of Directors of American Electric Power Co Inc ($AEP), acquired 379 phantom stock units on September 30, 2026, at an effective price of $118.64 per share, totaling approximately $44,965.
Transaction Details
- Security: Phantom Stock Units
- Transaction Code:
A(Award / Acquisition) - Units Acquired: 379 (based on underlying common shares)
- Price per Unit: $118.64
- Ownership Post-Transaction: 1,147 phantom stock units held directly
- Context: The phantom stock was granted under the AEP Stock Unit Accumulation Plan for Non-Employee Directors. Each unit represents the economic equivalent of one share of AEP common stock and is payable in cash or shares following the director's departure from the Board.
Market & Trading Significance
This transaction carries Low informational significance for public equity investors as it represents standard quarterly or periodic director equity retainer compensation rather than an open-market purchase or discretionary capital deployment.
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