AEP Director Sandra Beach Lin Acquires Phantom Stock Units via Director Plan
AMERICAN ELECTRIC POWER CO INC
Subscribe to track AEP
Premium users can add ticker alerts and receive realtime notification updates.
Filing Summary
# Insider Trade Alert: AMERICAN ELECTRIC POWER CO INC ($AEP)
**Insider:** LIN SANDRA BEACH (Director)
**Type:** Acquisition (Award/Grant)
**Security:** Phantom Stock Units
**Shares Transacted:** 379
**Price per Share:** $118.64
**Total Value:** $44,964.56
**Post-Transaction Holdings:** 20,326 units
**Date of Transaction:** 2026-09-30
**Filing Date:** 2026-10-02
Comprehensive Analysis
Executive Summary
On October 2, 2026, American Electric Power Co. Inc. ($AEP) filed a Form 4 disclosing that Director Sandra Beach Lin acquired 379 phantom stock units on September 30, 2026, at a price of $118.64 per unit, representing a total transaction value of approximately $44,964.56. Following this transaction, Lin directly holds 20,326 phantom stock units.
Transaction Analysis
- Nature of Transaction: The transaction was coded 'A', indicating an award or grant under the AEP Stock Unit Accumulation Plan for Non-Employee Directors.
- Mechanism: Each unit corresponds to the cash value of one share of AEP common stock and is payable in cash or shares following the conclusion of Board service, or transferable to alternate investment vehicles under plan guidelines.
- Significance: This reflects standard quarterly director equity compensation rather than discretionary open-market buying or selling. Therefore, it holds Low informational significance for directional stock price momentum.
Get Real-Time Alerts
Join our community to receive instant notifications when high-significance filings are published
Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
Nothing here is a recommendation to buy, sell, or hold any security. Do your own due diligence.