AEP Director Charles J. Meyers Awarded Phantom Stock Units

Executive Summary

On October 2, 2026, American Electric Power Co. Inc. ($AEP) filed a Form 4 disclosing a transaction by Director Charles J. Meyers. On September 30, 2026, Meyers acquired 379 Phantom Stock Units at a reference price of $118.64 per unit, representing a total transaction value of approximately $44,964.56.

Transaction Details

• Security: Phantom Stock Units (convertible into Common Stock on a 1-for-1 basis)
• Transaction Code: A (Grant, award, or other acquisition)
• Shares/Units: 379
• Price per Unit: $118.64 (AEP stock price at the time of transaction)
• Post-Transaction Beneficial Ownership: 379 units
• Payment Terms: According to footnote disclosures, these phantom stock units are payable to the director in cash or shares upon termination of service, or subject to any deferral election.

Market & Trading Significance

This transaction represents routine non-employee director compensation under AEP's director compensation and deferral plans. Given the transaction size (~$45k) and its routine nature, this filing carries Low trading significance and does not indicate directional sentiment regarding the company's operational trajectory.