secwatch.observer — SEC 8-K summary
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Issuer:     AMERICAN ELECTRIC POWER CO INC (AEP)
CIK:        0000004904
Form:       8-K
Filed at:   2025-12-19T23:59:59+00:00
Accession:  0000004904-25-000198
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

AEP grants CEO Fehrman $15M special equity award (performance shares + RSUs) vesting 2030
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- $10M in performance shares vest Dec 31, 2030, based on 5-year relative TSR vs peers.
- $5M in restricted stock units vest Dec 31, 2030, subject to continuous employment.
- Award designed as retention strategy and to align CEO compensation with performance.
- Performance payout ranges 0%-200% based on rTSR from 20th to 80th percentile.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/4904/000000490425000198/0000004904-25-000198-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/4904/000000490425000198/aep-20251218.htm
  HTML page:      https://secwatch.observer/filing/0000004904-25-000198

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer