American Electric Power Company Inc. $(AEP)$ has granted a special equity award to William J. Fehrman, the company’s Chair, President, and CEO. The award includes $10 million in performance shares, which will vest based on AEP’s relative total shareholder return (rTSR) over a five-year period ending December 31, 2030. The number of shares vesting will depend on AEP’s rTSR performance compared to its peers, with a performance score ranging from 0% to 200%. Additionally, Fehrman will receive $5 million in restricted stock units, which will vest on December 31, 2030, contingent upon his continued employment with AEP.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. AEP - American Electric Power Company Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000004904-25-000198), on December 19, 2025, and is solely responsible for the information contained therein.