On Dec 18, 2025 AEP’s board granted CEO William J.
Filed with the SEC on · Summarized by InvestorsBot
On Dec 18, 2025 AEP’s board granted CEO William J. Fehrman a $15M special equity award — $10M in performance shares + $5M in RSUs — to drive retention and pay-for-performance; vesting requires continuous employment through 12/31/2030 🔒💼 $AEP #AEP #ExecutiveComp
$10M performance tranche vests based on average relative TSR over the 5-year period ending 12/31/2030. rTSR measured from prior-year close to 20-day avg year-end close. Payout range 0%–200% (20th→80th percentile) 📈 $AEP #Performance #TSR
$5M in restricted stock units vest on 12/31/2030 subject to continuous employment. Total grant aims to retain the CEO and align pay with shareholders; multi‑year vesting and performance-based payout are key investor takeaways ⚖️ $AEP #CorporateGovernance #Stocks