FOWKE BENJAMIN G S III bought AEP
February 26, 2024 · Form 4 insider transaction
FOWKE BENJAMIN G S III bought 72,771 shares of American Electric Power Company, Inc. at $82.45 per share, a transaction worth $6.00M. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 1 day after the transaction.
Footnotes
Each restricted stock unit represents a contingent right to receive one share of AEP common stock. These restricted stock units will vest subject to Mr. Fowke's continuous employment through the first to occur of February 26, 2025 or upon his replacement with a permanent chief executive officer.; Was AEP Stock Price at the time of the transaction.; The reporting director deferred the receipt of his $40,000 quarterly cash retainer into the AEP Stock Fund under the AEP Stock Unit Accumulation Plan for Non-Employee Directors. The reporting director may transfer amounts in the AEP Stock Fund into an alternative investment at any time.