Eckert Johannes G 4

What Happened

• Johannes G. Eckert, Executive Vice President of American Electric Power Co. (AEP), was granted 4 shares on March 10, 2026 at $132.31 per share (total value ≈ $529). Simultaneously, 2 of those shares were surrendered/withheld to satisfy tax withholding obligations (2 shares × $132.31 ≈ $265). This was an award/grant transaction (not an open-market purchase or sale); net effect is an increase of 2 shares to his holdings.

Key Details

• Transaction date: 2026-03-10. Grant price/value: $132.31 per share; 4 shares granted (total ≈ $529).
• Tax withholding: 2 shares disposed at $132.31 per share to cover taxes (total ≈ $265). (Transaction code F = tax withholding.)
• Shares owned after transaction: Not specified in the reported Form 4.
• Filing date: Form was filed on 2026-03-12 for transactions on 2026-03-10 — filed within the typical 2-business-day window (timely).
• Transaction codes: A = Award/Grant (acquisition); F = Payment of exercise price or tax liability (disposition to cover taxes).

Context

• This appears to be a routine equity compensation vesting with mandatory withholding to cover taxes (common for RSUs); it is an award rather than an investment purchase, so it’s less of a direct bullish signal than an open-market buy.
• For retail investors, purchases are generally more informative about insider sentiment; grants and tax-withholding disposals are standard compensation mechanics and do not necessarily indicate a change in the insider’s view of the company.