AEP Reports Director/Officer Changes and Compensation Details

Ticker: AEP · Form: 8-K · Filed: 2024-10-31T00:00:00.000Z

Sentiment: neutral

Topics: governance, officer-changes, director-changes, compensation

Related Tickers: AEP

TL;DR

AEP filed an 8-K detailing director/officer changes and compensation, effective Oct 25.

AI Summary

American Electric Power Company, Inc. (AEP) filed an 8-K on October 31, 2024, reporting events as of October 25, 2024. The filing primarily concerns the departure of directors or certain officers, the election of directors, the appointment of certain officers, and compensatory arrangements for certain officers. It also includes Regulation FD disclosures and financial statements/exhibits.

Why It Matters

Changes in a company's board of directors and executive officers, along with details on their compensation, can signal shifts in strategy or governance that may impact shareholder value.

Risk Assessment

Risk Level: low — This filing primarily reports routine corporate governance and personnel changes, not significant financial events.

Key Players & Entities

FAQ

What specific director or officer positions were affected by the events reported on October 25, 2024?

The filing indicates "Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers" but does not specify the names or exact roles in the provided text.

Are there any details regarding new compensatory arrangements for officers included in this filing?

Yes, the filing explicitly mentions "Compensatory Arrangements of Certain Officers" as an item of information being reported.

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

The primary purpose is to report significant corporate events including changes in directors and officers, and related compensation matters, as of October 25, 2024.

Does this filing include any financial statements or exhibits?

Yes, the filing explicitly lists "Financial Statements and Exhibits" as an item of information.

What is the Commission File Number for American Electric Power's 8-K filing?

The Commission File Number is 001-03525.

Filing Stats: 1,149 words · 5 min read · ~4 pages · Grade level 12.4 · Accepted 2024-10-31 08:36:56

Key Financial Figures

Filing Documents

01 Regulation FD Disclosure

Item 7.01 Regulation FD Disclosure. On October 31, 2024, the Company issued a press release announcing that, effective October 31, 2024 (i) the position of Executive Vice President - Regulatory and Chief Administrative Officer will be eliminated, resulting in Peggy I. Simmons separating from service with the Company, and (ii) Christian T. Beam resigned as Executive Vice President – Energy Services of the Company. A copy of the Company's related press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference. The information furnished herewith pursuant to Item 7.01 of this Current Report on Form 8-K, including Exhibit 99.1, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference into any filing made by the Company under the Exchange Act or the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such a filing.

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) Exhibits 99.1 Press Release dated October 31 , 2024 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 Company 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 October 31, 2024

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