American Electric Power EVP Robert Berntsen Receives $2.5M RSU Grant

Overview

On October 21, 2026, American Electric Power Co. Inc. ($AEP) filed a Form 4 reporting an equity award to Robert Berntsen, Executive Vice President.

Transaction Details

• Date of Transaction: October 19, 2026
• Transaction Code: A (Grant, award, or other acquisition pursuant to an equity compensation plan)
• Security: Restricted Stock Units (RSUs)
• Shares Acquired: 20,044
• Stated Price per Share: $124.72
• Total Notional Value: $2,499,887.68
• Post-Transaction Beneficial Ownership: 40,450 direct shares/units

Vesting & Key Conditions

According to Footnote (1), each restricted stock unit represents a contingent right to receive one share of AEP common stock upon vesting. The units are subject to a five-year cliff vesting schedule, set to fully vest on October 1, 2031.

Market Interpretation

Because this transaction is an equity grant (Code A) rather than an open-market purchase or sale, its market signaling value is Low. The grant aligns executive compensation with long-term shareholder value via a 5-year vesting horizon.