Quinton S. Lies Files Initial Statement of Beneficial Ownership for American Electric Power
AMERICAN ELECTRIC POWER CO INC
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Filing Summary
Quinton S. Lies, President-Nuclear Development at American Electric Power Co Inc ($AEP), filed an initial Form 3 reporting direct beneficial ownership of 1,121 shares of Common Stock, alongside 8,231 career shares (phantom stock) and 5,599 restricted stock units across multiple vesting schedules.
Comprehensive Analysis
Executive Overview
On October 26, 2026, Quinton S. Lies, President-Nuclear Development at American Electric Power Co. Inc. ($AEP), filed an initial Form 3 Statement of Beneficial Ownership with the SEC. The report establishes Lies's initial equity position following an event date of October 20, 2026.
Reported Holdings
Direct Common Stock
- Common Stock Owned: 1,121 shares held directly.
Derivative & Incentive Securities
- Career Shares (Phantom Stock): 8,231 shares underlying phantom stock payable upon separation/termination of employment with AEP.
- Restricted Stock Units (RSUs):
- 2,338 units: Vesting in three equal annual tranches on February 21, 2027, February 21, 2028, and February 21, 2029.
- 2,052 units: Vesting in two equal annual tranches on February 21, 2027, and February 21, 2028.
- 1,209 units: Vesting in full on February 21, 2027.
- Total RSUs: 5,599 units.
Market & Trading Significance
This filing represents a routine initial baseline ownership disclosure (Form 3) and contains no open-market purchases or sales. As such, it carries low trading significance for public market investors, serving primarily to benchmark the officer's executive compensation holdings and alignment with shareholders.
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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.
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