Form 8-K Filing: Special Equity Award for CEO

On December 18, 2025, American Electric Power Company, Inc. (AEP) announced a special equity award for its CEO, William J. Fehrman. This award is part of AEP's retention strategy and aims to align the CEO's compensation with the company's performance. The award includes $10,000,000 in performance shares, which will vest by December 31, 2030, contingent on Mr. Fehrman's continued employment. Vesting is tied to the company's relative total shareholder return (rTSR) over the vesting period, with a performance score ranging from 0% to 200%. Additionally, $5,000,000 in restricted stock units were granted, also vesting on December 31, 2030, subject to his continued employment.