AEP Files 8-K Report with Financial Statements

Ticker: AEP · Form: 8-K · Filed: 2024-07-22T00:00:00.000Z

Sentiment: neutral

Topics: sec-filing, financial-statements, exhibits

Related Tickers: AEP

TL;DR

AEP filed its 8-K, mostly just standard financial docs. Nothing major to see here.

AI Summary

On July 22, 2024, American Electric Power Company, Inc. (AEP) filed an 8-K report. The filing primarily concerns financial statements and exhibits, indicating routine corporate disclosures rather than a specific material event. No significant financial figures or new strategic initiatives were detailed in the provided excerpt.

Why It Matters

This filing serves as a standard disclosure for American Electric Power, providing investors with updated financial information and exhibits as required by the SEC.

Risk Assessment

Risk Level: low — The filing appears to be a routine disclosure of financial statements and exhibits, not indicating any immediate or significant risks.

Key Players & Entities

FAQ

What is the primary purpose of this 8-K filing for American Electric Power Company, Inc.?

The primary purpose of this 8-K filing is to report 'Other Events' and to provide 'Financial Statements and Exhibits' as of July 22, 2024.

What is the date of the earliest event reported in this filing?

The date of the earliest event reported in this filing is July 22, 2024.

What is the principal executive office address for American Electric Power Company, Inc.?

The principal executive office address is 1 Riverside Plaza, Columbus, OH 43215.

What is the IRS Employer Identification Number for American Electric Power Company, Inc.?

The IRS Employer Identification Number is 13-4922640.

Under which section of the Securities Exchange Act of 1934 is this Form 8-K filed?

This Form 8-K is filed pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934.

Filing Stats: 1,009 words · 4 min read · ~3 pages · Grade level 12.5 · Accepted 2024-07-22 10:02:35

Key Financial Figures

Filing Documents

01.Other Events

Item 8.01.Other Events As previously disclosed, between January 2021 and April 2021, four shareholders of American Electric Power Company, Inc. ("AEP") filed separate derivative actions purporting to assert claims on behalf of AEP against certain AEP officers and directors ("Derivative Actions") related to HB 6. Two of the Derivative Actions were filed in the U.S. District Court for the Southern District of Ohio (the "Court"), one was filed in the Court of Common Pleas of Franklin County, Ohio, and one was filed in the Supreme Court for the State of New York, Nassau County. The Derivative Actions asserted claims for: (a) breach of fiduciary duty, (b) waste of corporate assets, (c) unjust enrichment, (d) breach of duty for insider trading and (e) contribution for alleged violations of sections 10(b) and 21D of the Securities Exchange Act of 1934; and sought monetary damages and changes to AEP's corporate governance and internal policies among other forms of relief. On June 9, 2021, the Court consolidated the federal court cases under the caption In re AEP Stockholder Derivative Litigation. In April 2023, AEP received a litigation demand letter from counsel representing the purported AEP shareholder who had filed the dismissed derivative action in New York state court and unsuccessfully tried to intervene in the consolidated derivative actions in Ohio federal court (the "Litigation Demand"). The Litigation Demand is directed to the AEP Board and contains factual allegations involving HB 6 that are generally consistent with those in the Derivative Actions. The Litigation Demand requested, among other things, that the AEP Board undertake an independent investigation into alleged legal violations by certain current and former directors and officers, and that AEP commence a civil action asserting claims similar to the claims asserted in the Derivative Actions. The AEP Board considered the Litigation Demand and formed a committee of the Board (the "Demand Review Commit

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits (d) Exhibits 99.1 Notice of Proposed Settlement of Stockholder Derivative Litigation. 104 Cover Page Interactive Data File - The cover page iXBRL tags are embedded within the inline XBRL document. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. AMERICAN ELECTRIC POWER COMPANY, INC. By: /s/ David C. House Name: David C. House Title Assistant Secretary July 22, 2024

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