Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-07-01

American Electric Power Co Inc (AEP)

Fiscal year 2025 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$36,601,524
William Fehrman total, FY2025
99th
CEO pay percentile vs peers
261:1
CEO-to-median pay ratio
82.45%
Say-on-pay support, latest vote
Companies that benchmark against AEP
22 companies name AEP as a compensation peer

Each company listed discloses AEP in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named AEP in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
William Fehrman$1,505,769$1,150,000$29,339,782$0$4,290,000$35,685$280,288$36,601,524
Chair, President and Chief Executive Officer
Trevor Mihalik930,000010,883,68001,525,0000142,61913,481,299
Executive Vice President and Chief Financial Officer
Douglas Cannon449,2311,230,0004,085,6840665,2320262,6286,692,775
President - AEP Transmission
Robert Berntsen378,4621,187,0003,305,4320492,2000102,1355,465,229
Executive Vice President, General Counsel and Secretary
Alicia Knapp209,2311,100,0002,749,8370282,989026,9234,368,980
President - Nuclear Development
Charles Zebula147,7890123,30700151,984133,916556,996
Former Executive Vice President, Chief Financial Officer and Senior Advisor

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY20242025
William Fehrman$36,601,524$13,257,022+23,344,502
Trevor Mihalik13,481,299
Douglas Cannon6,692,775
Robert Berntsen5,465,229
Alicia Knapp4,368,980
Charles Zebula556,9963,842,7333,986,981−3,285,737

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

02

Equity transactions since the proxy statement was filed

Every insider equity transaction reported on Form 4 after the 2025 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.

InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Daniel G. StoddardDirector2026-03-31A0$131$0CommonForm 4 ↗
Dividend-equivalent accruals2026-03-31011 insiders, 11 accrual rows
Kate DixonController, CAO2026-05-01D63613787,075CommonForm 4 ↗
Douglas CannonPresident AEP Transmission2026-05-01D1,770137242,331CommonForm 4 ↗
Greg B. HallExecutive Vice President2026-05-01D4,306137589,534CommonForm 4 ↗
Daniel G. StoddardDirector2026-06-30A01370CommonForm 4 ↗
Dividend-equivalent accruals2026-06-3009 insiders, 9 accrual rows

Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.

View all 25 transactions
InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Daniel G. StoddardDirector2026-03-31A0$131$0CommonForm 4 ↗
Margaret M. McCarthyDirector2026-03-31A01310Derivative, Class A CommonForm 4 ↗
Ben FowkeDirector2026-03-31A01310Derivative, Class A CommonForm 4 ↗
Henry P. LinginfelterDirector2026-03-31A01310Derivative, Class A CommonForm 4 ↗
Art A. GarciaDirector2026-03-31A01310Derivative, Class A CommonForm 4 ↗
Sandra Beach LinDirector2026-03-31A01310Derivative, Class A CommonForm 4 ↗
Hunter C. GaryDirector2026-03-31A01310Derivative, Class A CommonForm 4 ↗
Joseph G. SauvageDirector2026-03-31D01310Derivative, Class A CommonForm 4 ↗
Lewis Von ThaerDirector2026-03-31A01310Derivative, Class A CommonForm 4 ↗
Sara M. TuckerDirector2026-03-31A01310Derivative, Class A CommonForm 4 ↗
Daniel G. StoddardDirector2026-03-31A01310Derivative, Class A CommonForm 4 ↗
Daryl RobertsDirector2026-03-31A01310Derivative, Class A CommonForm 4 ↗
Kate DixonController, CAO2026-05-01D63613787,075CommonForm 4 ↗
Douglas CannonPresident AEP Transmission2026-05-01D1,770137242,331CommonForm 4 ↗
Greg B. HallExecutive Vice President2026-05-01D4,306137589,534CommonForm 4 ↗
Daniel G. StoddardDirector2026-06-30A01370CommonForm 4 ↗
Daniel G. StoddardDirector2026-06-30A01370Derivative, Class A CommonForm 4 ↗
Sara M. TuckerDirector2026-06-30A01370Derivative, Class A CommonForm 4 ↗
Art A. GarciaDirector2026-06-30A01370Derivative, Class A CommonForm 4 ↗
Lewis Von ThaerDirector2026-06-30A01370Derivative, Class A CommonForm 4 ↗
Ben FowkeDirector2026-06-30A01370Derivative, Class A CommonForm 4 ↗
Joseph G. SauvageDirector2026-06-30D01370Derivative, Class A CommonForm 4 ↗
Margaret M. McCarthyDirector2026-06-30A01370Derivative, Class A CommonForm 4 ↗
Sandra Beach LinDirector2026-06-30A01370Derivative, Class A CommonForm 4 ↗
Daryl RobertsDirector2026-06-30A01370Derivative, Class A CommonForm 4 ↗
03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
William FehrmanPSA2025-02-1881,458162,916$10,029,914
William FehrmanRSU2025-12-1843,2605,000,000
William FehrmanRSU2025-02-1827,1532,775,000
Charles ZebulaRSU2025-02-171,268123,307
William FehrmanPSA2025-12-1886,520173,04011,534,868
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
William Fehrman$7,775,000$0$00.0%
Charles Zebula123,307000.0%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Douglas CannonRSU4,854$559,715
Trevor MihalikPSU57,4466,624,098
Douglas CannonPSU29,9323,451,459
William FehrmanRSU27,8663,213,228
William FehrmanRSU27,7643,201,467
Robert BerntsenPSU23,0302,655,589
Douglas CannonRSU18,1092,088,149
William FehrmanPSU167,19419,279,140
Trevor MihalikRSU49,3585,691,471
Alicia KnappPSU25,7182,965,543
Trevor MihalikRSU9,5741,103,978
Alicia KnappRSU5,924683,096
William FehrmanPSU72,8908,404,946
William FehrmanRSU43,2604,988,311
Robert BerntsenRSU14,1191,628,062
Charles ZebulaPSU16,9201,951,045
Robert BerntsenRSU3,838442,560
William FehrmanPSU173,04019,953,242
Alicia KnappRSU4,170480,843
Trevor MihalikRSU15,9661,841,039
William FehrmanRSU8,329960,417
05

Incentive-plan design — the Compensation Discussion & Analysis

AEP's executive compensation program is designed to: Attract, retain, motivate, and reward an outstanding leadership team with market-competitive compensation and benefits to achieve both excellent individual and Company performance. Reflect AEP's financial and operational size as well as the complexity of its multi-state operations. Provide a substantial portion of executive officers total compensation opportunity in the form of short-term and long-term performance-based incentive compensation.

CEO STI target (% of salary)160%
CEO LTI target (% of salary)
Independent consultantMeridian Compensation Partners, LLC
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingTrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-04-28332,608,62870,774,5621,939,57482.45%Passed
20252025-04-29387,467,07114,532,3123,304,47396.38%Passed
20242024-04-23375,985,05016,599,2472,761,37695.77%Passed
20232023-04-25367,177,20818,026,9042,012,84595.32%Passed
20222022-04-26357,232,30616,818,3142,232,18795.5%Passed
20212021-04-20356,115,82013,021,0752,588,31496.47%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20262026-04-2882.45%a
20252025-04-2996.38%b
20242024-04-2395.77%c

a. Approved under the standard stated in the filing — “2 Item Board Recommendation Voting Standard Abstentions Item 1 - Election of the ten directors named in this proxy statement ü FOR EACH NOMINEE Majority of votes cast for each Director No effect Item 2 - Ratification of the appointment of PricewaterhouseCoopers LLP as the independent registered public accounting firm for 2026 (1) ü FOR Majority of votes cast No effect Item 3 - Amendment of the Company's Restated Certificate of Incorporation to increase the number of authorized shares of common stock ü FOR Majority of shares outstanding entitled to vote Against Item 4 - Approval of the AEP Employee Stock Purchase Plan ü FOR Majority of votes cast No effect Item 5 - Approval, on an advisory basis, of the Company's named executive officer compensation (1) ü FOR Majority of votes cast No effect (1) As advisory votes, the proposals to ratify the appointment of PricewaterhouseCoopers LLP as the independent registered public accounting firm for 2026 and to approve executive compensation are not binding upon the Company.”.

b. Approved under the standard stated in the filing — “2 Item Board Recommendation Voting Standard Abstentions Broker Non-Votes Item 1 - Election of Directors ü FOR ALL Majority of votes cast for each Director No effect No effect Item 2 - Ratification of the appointment of PricewaterhouseCoopers LLP as the independent registered public accounting firm for 2025 (1) ü FOR Majority of shares voted No effect Discretionary voting by broker permitted Item 3 - Advisory vote to approve executive compensation (Say on Pay) (1) ü FOR Majority of shares voted No effect No effect (1) As advisory votes, the proposals to ratify the appointment of PricewaterhouseCoopers LLP as the independent registered public accounting firm for 2025 and to approve executive compensation are not binding upon the Company.”.

c. Approved under the standard stated in the filing — “Item Board Recommendation Voting Standard Abstentions Broker Non-Votes Item 1 - Election of Directors ü FOR ALL Majority of votes cast for each Director No effect No effect Item 2 - Ratification of the appointment of PricewaterhouseCoopers LLP as the independent registered public accounting firm for 2024 (1) ü FOR Majority of shares voted No effect Discretionary voting by broker permitted Item 3 - Advisory vote to approve executive compensation (Say on Pay) (1) ü FOR Majority of shares voted No effect No effect Item 4 - Approval of the Company's 2024 Long-term Incentive Plan ü FOR Majority of shares voted No effect No effect (1) As advisory votes, the proposals to ratify the appointment of PricewaterhouseCoopers LLP as the independent registered public accounting firm for 2024 and to approve executive compensation are not binding upon the Company.”.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

07

CEO pay ratio

Ratio (CEO : median employee)261 : 1
CEO total compensation$36,601,524
Median employee compensation$140,432
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Sara M. TuckerIndependent · Lead Independent Director · HR (Chair) · Executive · Nominating and Governance (Chair)$313,333$370,000$0$0$685$684,018
Art A. GarciaIndependent · Audit (Chair) · Finance155,000170,00000685325,685
Ben FowkeIndependent · HR · Executive · Finance (Chair) · Nominating and Governance152,500170,00000685323,185
Daniel G. StoddardIndependent · Audit · Nuclear Oversight · Nominating and Governance · Technology152,500170,00000685323,185
Sandra Beach LinIndependent · Audit · Nuclear Oversight · Technology150,000170,00000685320,685
Lewis Von ThaerIndependent · HR · Finance · Technology (Chair)150,000170,00000685320,685
Daryl RobertsIndependent · HR · Nuclear Oversight (Chair) · Nominating and Governance · Technology135,000170,00000685305,685
Margaret M. McCarthyIndependent · Audit · Technology130,000170,00000685300,685
Hunter C. GaryIndependent · Audit · Technology · Not standing for re-election130,000170,00000685300,685
Henry P. LinginfelterIndependent · Finance · Nuclear Oversight · Not standing for re-election130,000170,00000685300,685
Joseph G. SauvageIndependent · Audit · Finance · Newly elected97,500127,50000685225,685
Donna A. JamesIndependent · HR · Nominating and Governance · Departed during FY45,83356,66700685103,185
William J. FehrmanEmployee director · Board Chair · Executive (Chair)00000
09

Board fee structure and ownership guideline

Annual cash retainer$130,000
Annual equity retainer$170,000
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)25,000 / 20,000
Stock ownership guidelineFirst five years of annual equity awards ($850,000 over 5 years)
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$1,741,666
Equity awards (grant-date value)$2,084,167
All other compensation$8,220
Total cost of the board$3,834,053

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10

Disclosed peer group — fiscal year 2025

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

10a

Peer reciprocity

Of the companies American Electric Power Co Inc names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including American Electric Power Co Inc.

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1American Electric Power Co Inc2025William Fehrman$1,505,769$29,339,782$0$4,290,000$36,601,524
2The Southern Company2025Christopher Womack1,560,57713,830,05403,665,02528,223,562
3NextEra Energy, Inc.2025Rebecca Kujawa514,80019,888,2155,126,242026,105,632
4General Dynamics Corporation2025Phebe Novakovic1,737,50012,539,6345,220,4455,729,00025,924,082
5Northrop Grumman Corporation2025Kathy Warden1,840,38516,750,23004,218,00025,357,443
6Sempra2025Jeffrey Martin1,700,0009,873,9164,580,017021,441,333
73M Company2025William Brown1,800,0007,753,8527,001,2423,745,32221,005,009
8Consolidated Edison, Inc.2025Timothy Cawley1,445,8339,773,90002,809,00019,899,971
9PG&E Corporation2025Patricia Poppe1,400,00011,155,47202,919,00019,812,481
10Delta Air Lines, Inc.2025Edward Bastian1,082,50011,914,23105,846,04019,222,401
11Waste Management, Inc.2025James Fish1,486,53812,406,4782,400,0212,472,48019,048,786
12Constellation Energy Corporation2025Joseph Dominguez1,481,25012,100,48702,649,92817,115,179
13Entergy Corporation2025Andrew Marsh1,286,3466,951,8931,647,4842,614,95016,752,589
14Edison International2025Pedro Pizarro1,417,0417,242,0932,414,0061,606,92616,544,559
15Dominion Energy, Inc.2025Robert Blue1,287,5009,309,83004,421,31816,037,850
16Xcel Energy Inc.2025Bob Frenzel1,450,00011,244,16003,022,55415,998,859
17Exelon Corporation2025Calvin Butler1,379,00010,900,02402,665,71915,601,905
18Eversource Energy2025Joseph R. Nolan, Jr.1,432,3089,020,89003,000,00014,987,168
19The Sherwin-Williams Company2025Heidi Petz1,373,0776,456,2074,253,8592,390,00014,914,317
20Ameren Corp2025Martin Lyons1,325,0008,320,68003,323,57514,056,510
21Duke Energy Corporation2025Harry Sideris1,200,00010,068,66301,974,10213,652,630
22FirstEnergy Corp.2025Brian Tierney1,505,7699,406,19602,394,00013,452,559
23PPL Corporation2025Vincent Sorgi1,238,0607,865,24901,869,24813,221,331
24Wisconsin Energy Corp2025Scott Lauber1,205,7005,405,848990,2353,535,78912,188,492
25CenterPoint Energy, Inc.2025Jason Wells1,226,9237,625,02302,583,75012,092,341
26CMS Energy Corp2025Garrick Rochow1,275,0006,763,23902,055,93810,534,039
27Evergy Inc2025David Campbell1,123,1427,004,44601,342,9699,537,018
28The AES Corporation2025Andrés Gluski1,241,0005,019,11702,568,8709,153,896
29Alliant Energy Corp2025Lisa Barton1,136,9375,471,25501,835,5638,999,073
30DTE Energy Company2025Joi Harris852,3083,098,52001,544,4376,732,386
31Pinnacle West Capital Corp2025Robert Smith514,6581,360,231421,6092,708,803

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

10c

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
American Electric Power Co Inc174.9%PSU 75 · RSU 25Yes — Three-Year Total Shareholder Return of AEP vs. TSR Peer GroupMeridian Compensation Partners, LLC
3M Company118.9%PSU 50 · Options 50NoFW Cook
Alliant Energy Corp130%PSU 75 · RSU 25NoPay Governance LLC
Ameren Corp193.3%PSU 70 · RSU 30NoMeridian Compensation Partners
CenterPoint Energy, Inc.159%PSU 70 · RSU 30Yes — Relative TSRMeridian Compensation Partners, LLC
CMS Energy Corp129%PSU 75 · RSU 25Yes — Relative TSR PerformancePay Governance LLC
Consolidated Edison, Inc.143.5%PSU 70 · RSU 30NoMercer
Constellation Energy Corporation112.69%PSU 67 · RSU 33Yes — Relative TSRMeridian Compensation Partners
Delta Air Lines, Inc.54.46%PSU 50 · Cash LTI 25 · RSU 25NoFrederic W. Cook & Co., Inc. (FW Cook)
Dominion Energy, Inc.108%PSU 70 · MSU 30Yes — Relative TSR performancenot disclosed
DTE Energy Company169.87%PSU 70 · RSU 30NoMeridian Compensation Partners LLC
Duke Energy Corporation114.7%PSU 70 · RSU 30Yes — Relative TSRFW Cook
Edison Internationalnot disclosednot disclosednot disclosedPay Governance LLC
Entergy Corporation149%PSU 60 · Options 20 · RSU 20Yes — Relative TSRPay Governance, LLC
Evergy Inc95.5%PSU 70 · RSU 30Yes — Three Year Relative TSR versus Companies in the EEI IndexMeridian
Eversource Energy145%PSU 75 · RSU 25NoPay Governance
Exelon Corporation133.62%PSU 67 · RSU 33Yes — 3-year TSRWillis Towers Watson
FirstEnergy Corp.106%PSU 60 · RSU 40Yes — Relative TSRFarient Advisors LLC
General Dynamics Corporation177.0%PSU 50 · Options 30 · RSU 20Yes — rTSR (relative Total Shareholder Return)Pay Governance, LLC
NextEra Energy, Inc.not disclosednot disclosednot disclosednot disclosed
Northrop Grumman Corporation114%PSU 70 · RSU 30Yes — Relative Total Shareholder Return (rTSR)Frederic W. Cook & Co.
PG&E Corporationnot disclosednot disclosedYes — Relative TSRMeridian Compensation Partners, LLC
Pinnacle West Capital Corp197.5%PSU 70 · RSU 30Yes — Relative TSRFW Cook
PPL Corporation116.14%PSU 80 · RSU 20Yes — Total Shareowner Return (TSR)FW Cook
Sempranot disclosednot disclosednot disclosedExequity
The AES Corporationnot disclosednot disclosednot disclosedMeridian Compensation Partners
The Sherwin-Williams Company110.86%PSU 60 · Options 40NoMercer (US) LLC
The Southern Company179%PSU 75 · RSU 25Yes — Relative TSRPay Governance LLC
Waste Management, Inc.103.02%PSU 80 · Options 20NoFrederic W. Cook & Co., Inc.
Wisconsin Energy Corpnot disclosedPSU 65 · RSU 20 · Option 15not disclosedFrederic W. Cook & Co., Inc.
Xcel Energy Inc.143.76%PSU 70 · RSU 30NoMeridian

Read from each company's Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company's filing does not state the item.

FAQ

Frequently asked questions

Who was the highest-paid executive at American Electric Power Co Inc in fiscal 2025?
The highest-paid executive was William Fehrman, Chair, President and Chief Executive Officer, with total compensation of $36,601,524.
How does American Electric Power Co Inc's chief executive pay compare to its disclosed peer group?
The CEO's pay was at the 99th percentile of disclosed peers.
What is American Electric Power Co Inc's CEO-to-median employee pay ratio?
The CEO-to-median employee pay ratio was 261:1.
How did shareholders vote on American Electric Power Co Inc's executive compensation?
Shareholders approved the executive compensation plan with 82.45% support.
How much does American Electric Power Co Inc spend in total on board compensation for fiscal 2025?
Total board compensation for fiscal 2025 was $3,834,053.

Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, William FehrmanDEF 14A2026-03-180000004904-26-000022Section “Summary Compensation Table” · page 63. As printed: 36,601,524. Filing ↗machine: t38 · r3 · c22 · span 948915–948925
2Section 01, Trevor MihalikDEF 14A2026-03-180000004904-26-000022Section “Summary Compensation Table” · page 63. As printed: 13,481,299. Filing ↗machine: t38 · r6 · c22 · span 955919–955929
3Section 01, Douglas CannonDEF 14A2026-03-180000004904-26-000022Section “Summary Compensation Table” · page 63. As printed: 6,692,775. Filing ↗machine: t38 · r9 · c22 · span 961301–961310
4Section 01, Robert BerntsenDEF 14A2026-03-180000004904-26-000022Section “Summary Compensation Table” · page 63. As printed: 5,465,229. Filing ↗machine: t38 · r11 · c22 · span 966057–966066
5Section 01, Alicia KnappDEF 14A2026-03-180000004904-26-000022Section “Summary Compensation Table” · page 63. As printed: 4,368,980. Filing ↗machine: t38 · r13 · c22 · span 970784–970793
6Section 01, Charles ZebulaDEF 14A2026-03-180000004904-26-000022Section “Summary Compensation Table” · page 63. As printed: 556,996. Filing ↗machine: t38 · r15 · c22 · span 975570–975577
7Section 03, William Fehrman PSADEF 14A2026-03-180000004904-26-000022Section “Grants of Plan-Based Awards for 2025” · grants of plan-based awards table. Filing ↗machine: t40 · r5 · c12 · span 1029900–1029906
8Section 03, William Fehrman RSUDEF 14A2026-03-180000004904-26-000022Section “Grants of Plan-Based Awards for 2025” · grants of plan-based awards table. Filing ↗machine: t41 · r10 · c1 · span 1130179–1130185
9Section 03, William Fehrman RSUDEF 14A2026-03-180000004904-26-000022Section “Grants of Plan-Based Awards for 2025” · grants of plan-based awards table. Filing ↗machine: t40 · r6 · c16 · span 1033485–1033491
10Section 03, Charles Zebula RSUDEF 14A2026-03-180000004904-26-000022Section “Grants of Plan-Based Awards for 2025” · grants of plan-based awards table. Filing ↗machine: t38 · r15 · c10 · span 973926–973933
11Section 03, William Fehrman PSADEF 14A2026-03-180000004904-26-000022Section “Grants of Plan-Based Awards for 2025” · grants of plan-based awards table. Filing ↗machine: t40 · r7 · c12 · span 1035869–1035875
12Section 07, pay ratioDEF 14A2026-03-180000004904-26-000022Section “CEO Pay Ratio”. As printed: 261 : 1. Filing ↗machine: span 1549963–1549971
13Section 08, Sara M. TuckerDEF 14A2026-03-180000004904-26-000022Section “Director Compensation”. As printed: 684,018. Filing ↗machine: t23 · r12 · c11 · span 557900–557907
14Section 08, Art A. GarciaDEF 14A2026-03-180000004904-26-000022Section “Director Compensation”. As printed: 325,685. Filing ↗machine: t23 · r3 · c11 · span 540848–540855
15Section 08, Ben FowkeDEF 14A2026-03-180000004904-26-000022Section “Director Compensation”. As printed: 323,185. Filing ↗machine: t23 · r2 · c11 · span 538929–538936
16Section 08, Daniel G. StoddardDEF 14A2026-03-180000004904-26-000022Section “Director Compensation”. As printed: 323,185. Filing ↗machine: t23 · r11 · c11 · span 555994–556001
17Section 08, Sandra Beach LinDEF 14A2026-03-180000004904-26-000022Section “Director Compensation”. As printed: 320,685. Filing ↗machine: t23 · r6 · c11 · span 546521–546528
18Section 08, Lewis Von ThaerDEF 14A2026-03-180000004904-26-000022Section “Director Compensation”. As printed: 320,685. Filing ↗machine: t23 · r13 · c11 · span 559792–559799
19Section 08, Daryl RobertsDEF 14A2026-03-180000004904-26-000022Section “Director Compensation”. As printed: 305,685. Filing ↗machine: t23 · r9 · c11 · span 552206–552213
20Section 08, Margaret M. McCarthyDEF 14A2026-03-180000004904-26-000022Section “Director Compensation”. As printed: 300,685. Filing ↗machine: t23 · r8 · c11 · span 550316–550323
21Section 08, Hunter C. GaryDEF 14A2026-03-180000004904-26-000022Section “Director Compensation”. As printed: 300,685. Filing ↗machine: t23 · r4 · c11 · span 542739–542746
22Section 08, Henry P. LinginfelterDEF 14A2026-03-180000004904-26-000022Section “Director Compensation”. As printed: 300,685. Filing ↗machine: t23 · r7 · c11 · span 548419–548426
23Section 08, Joseph G. SauvageDEF 14A2026-03-180000004904-26-000022Section “Director Compensation”. As printed: 225,685. Filing ↗machine: t23 · r10 · c11 · span 554099–554106
24Section 08, Donna A. JamesDEF 14A2026-03-180000004904-26-000022Section “Director Compensation”. As printed: 103,185. Filing ↗machine: t23 · r5 · c11 · span 544628–544635
25Section 08, William J. FehrmanDEF 14A2026-03-180000004904-26-000022Section “Director Compensation”. As printed: 0. Filing ↗
26Section 02, Daniel G. Stoddard 2026-03-31Form 42026-04-020001628280-26-023018Insider equity transaction reported since the proxy statement. Filing ↗
27Section 02, Margaret M. McCarthy 2026-03-31Form 42026-04-020001628280-26-023027Insider equity transaction reported since the proxy statement. Filing ↗
28Section 02, Ben Fowke 2026-03-31Form 42026-04-020001628280-26-023020Insider equity transaction reported since the proxy statement. Filing ↗
29Section 02, Henry P. Linginfelter 2026-03-31Form 42026-04-020001628280-26-023037Insider equity transaction reported since the proxy statement. Filing ↗
30Section 02, Art A. Garcia 2026-03-31Form 42026-04-020001628280-26-023031Insider equity transaction reported since the proxy statement. Filing ↗
31Section 02, Sandra Beach Lin 2026-03-31Form 42026-04-020001628280-26-023029Insider equity transaction reported since the proxy statement. Filing ↗
32Section 02, Hunter C. Gary 2026-03-31Form 42026-04-020001628280-26-023039Insider equity transaction reported since the proxy statement. Filing ↗
33Section 02, Joseph G. Sauvage 2026-03-31Form 42026-04-020001628280-26-023035Insider equity transaction reported since the proxy statement. Filing ↗
34Section 02, Lewis Von Thaer 2026-03-31Form 42026-04-020001628280-26-023033Insider equity transaction reported since the proxy statement. Filing ↗
35Section 02, Sara M. Tucker 2026-03-31Form 42026-04-020001628280-26-023022Insider equity transaction reported since the proxy statement. Filing ↗
36Section 02, Daniel G. Stoddard 2026-03-31Form 42026-04-020001628280-26-023018Insider equity transaction reported since the proxy statement. Filing ↗
37Section 02, Daryl Roberts 2026-03-31Form 42026-04-020001628280-26-023013Insider equity transaction reported since the proxy statement. Filing ↗
38Section 02, Kate Dixon 2026-05-01Form 42026-05-050001628280-26-030282Insider equity transaction reported since the proxy statement. Filing ↗
39Section 02, Douglas Cannon 2026-05-01Form 42026-05-050001628280-26-030279Insider equity transaction reported since the proxy statement. Filing ↗
40Section 02, Greg B. Hall 2026-05-01Form 42026-05-050001628280-26-030276Insider equity transaction reported since the proxy statement. Filing ↗
41Section 02, Daniel G. Stoddard 2026-06-30Form 42026-07-010001628280-26-046426Insider equity transaction reported since the proxy statement. Filing ↗
42Section 02, Daniel G. Stoddard 2026-06-30Form 42026-07-010001628280-26-046426Insider equity transaction reported since the proxy statement. Filing ↗
43Section 02, Sara M. Tucker 2026-06-30Form 42026-07-010001628280-26-046439Insider equity transaction reported since the proxy statement. Filing ↗
44Section 02, Art A. Garcia 2026-06-30Form 42026-07-010001628280-26-046430Insider equity transaction reported since the proxy statement. Filing ↗
45Section 02, Lewis Von Thaer 2026-06-30Form 42026-07-010001628280-26-046428Insider equity transaction reported since the proxy statement. Filing ↗
46Section 02, Ben Fowke 2026-06-30Form 42026-07-010001628280-26-046422Insider equity transaction reported since the proxy statement. Filing ↗
47Section 02, Joseph G. Sauvage 2026-06-30Form 42026-07-010001628280-26-046424Insider equity transaction reported since the proxy statement. Filing ↗
48Section 02, Margaret M. McCarthy 2026-06-30Form 42026-07-010001628280-26-046435Insider equity transaction reported since the proxy statement. Filing ↗
49Section 02, Sandra Beach Lin 2026-06-30Form 42026-07-010001628280-26-046433Insider equity transaction reported since the proxy statement. Filing ↗
50Section 02, Daryl Roberts 2026-06-30Form 42026-07-010001628280-26-046437Insider equity transaction reported since the proxy statement. Filing ↗
51Section 06, 2026 voteForm 8-K2026-04-290000004904-26-000026Item 5.07 · say-on-pay result. As reported: 82.45% (votes for as printed: 332,608,628). Filing ↗
52Section 06, 2025 voteForm 8-K2025-05-010000004904-25-000055Item 5.07 · say-on-pay result. As reported: 96.38% (votes for as printed: 387,467,071). Filing ↗
53Section 06, 2024 voteForm 8-K2024-04-250000004904-24-000034Item 5.07 · say-on-pay result. As reported: 95.77% (votes for as printed: 375,985,050). Filing ↗
54Section 01 trend, Δ column (computed)ComputedcomputedΔ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
55Section 03b vehicle mix (computed)ComputedcomputedRSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
56Section 09b board cost (computed)ComputedcomputedCash 1,741,666 + equity 2,084,167 + all other 8,220 = 3,834,053, summed across the director compensation table rows.machine: formula: Σ = 3,834,053
57American Electric Power Co Inc (subject), Section 10b CEO totalDEF 14A2026-03-180000004904-26-000022CEO total compensation as printed in American Electric Power Co Inc's own proxy. As printed: 36,601,524. Filing ↗machine: t38 · r3 · c22 · span 948915–948925
58The Southern Company, Section 10b CEO totalDEF 14A2026-04-030000092122-26-000028CEO total compensation as printed in The Southern Company's own proxy. As printed: 28,223,562. Filing ↗machine: r2 · c21 · span 1349281–1349291
59NextEra Energy, Inc., Section 10b CEO totalDEF 14A2026-04-010001104659-26-038551CEO total compensation as printed in NextEra Energy, Inc.'s own proxy. As printed: 26,105,632. Filing ↗
60General Dynamics Corporation, Section 10b CEO totalDEF 14A2026-03-270001308179-26-000168CEO total compensation as printed in General Dynamics Corporation's own proxy. As printed: 25,924,082. Filing ↗machine: r1 · c16 · span 945926–945936
61Northrop Grumman Corporation, Section 10b CEO totalDEF 14A2026-04-030001133421-26-000007CEO total compensation as printed in Northrop Grumman Corporation's own proxy. As printed: 25,357,443. Filing ↗machine: r2 · c24 · span 1115708–1115718
62Sempra, Section 10b CEO totalDEF 14A2026-03-270001193125-26-127603CEO total compensation as printed in Sempra's own proxy. As printed: 21,441,333. Filing ↗machine: r6 · c23 · span 1678334–1678345
633M Company, Section 10b CEO totalDEF 14A2026-03-250000066740-26-000151CEO total compensation as printed in 3M Company's own proxy. As printed: 21,005,009. Filing ↗machine: r2 · c9 · span 2797692–2797702
64Consolidated Edison, Inc., Section 10b CEO totalDEF 14A2026-04-080001047862-26-000078CEO total compensation as printed in Consolidated Edison, Inc.'s own proxy. As printed: 19,899,971. Filing ↗machine: r4 · c24 · span 1434489–1434499
65PG&E Corporation, Section 10b CEO totalDEF 14A2026-04-090001004980-26-000020CEO total compensation as printed in PG&E Corporation's own proxy. As printed: 19,812,481. Filing ↗machine: t111 · r2 · c16 · span 1281710–1281720
66Delta Air Lines, Inc., Section 10b CEO totalDEF 14A2026-04-240001308179-26-000345CEO total compensation as printed in Delta Air Lines, Inc.'s own proxy. As printed: 19,222,401. Filing ↗machine: t124 · r1 · c35 · span 616606–616616
67Waste Management, Inc., Section 10b CEO totalDEF 14A2026-03-310001104659-26-037381CEO total compensation as printed in Waste Management, Inc.'s own proxy. As printed: 19,048,786. Filing ↗machine: t83 · r2 · c36 · span 986125–986135
68Constellation Energy Corporation, Section 10b CEO totalDEF 14A2026-03-190001552781-26-000140CEO total compensation as printed in Constellation Energy Corporation's own proxy. As printed: 17,115,179. Filing ↗machine: t410 · r7 · c8 · span 1175299–1175309
69Entergy Corporation, Section 10b CEO totalDEF 14A2026-03-270000065984-26-000211CEO total compensation as printed in Entergy Corporation's own proxy. As printed: 16,752,589. Filing ↗machine: r3 · c27 · span 1089446–1089457
70Edison International, Section 10b CEO totalDEF 14A2026-03-130001104659-26-027655CEO total compensation as printed in Edison International's own proxy. As printed: 16,544,559. Filing ↗machine: t310 · r10 · c18 · span 2410710–2410720
71Dominion Energy, Inc., Section 10b CEO totalDEF 14A2026-03-190001193125-26-115180CEO total compensation as printed in Dominion Energy, Inc.'s own proxy. As printed: 16,037,850. Filing ↗machine: r4 · c20 · span 2345967–2345977
72Xcel Energy Inc., Section 10b CEO totalDEF 14A2026-04-070000072903-26-000063CEO total compensation as printed in Xcel Energy Inc.'s own proxy. As printed: 15,998,859. Filing ↗machine: r2 · c24 · span 898797–898807
73Exelon Corporation, Section 10b CEO totalDEF 14A2026-03-180001109357-26-000040CEO total compensation as printed in Exelon Corporation's own proxy. As printed: 15,601,905. Filing ↗machine: t122 · r2 · c8 · span 1118853–1118863
74Eversource Energy, Section 10b CEO totalDEF 14A2026-03-270001104659-26-036077CEO total compensation as printed in Eversource Energy's own proxy. As printed: 14,987,168. Filing ↗machine: t46 · r1 · c41 · span 1205602–1205612
75The Sherwin-Williams Company, Section 10b CEO totalDEF 14A2026-03-110000089800-26-000025CEO total compensation as printed in The Sherwin-Williams Company's own proxy. As printed: 14,914,317. Filing ↗machine: r2 · c8 · span 1976552–1976562
76Ameren Corp, Section 10b CEO totalDEF 14A2026-03-310001104659-26-037756CEO total compensation as printed in Ameren Corp's own proxy. As printed: 14,056,510. Filing ↗machine: r1 · c47 · span 1200840–1200850
77Duke Energy Corporation, Section 10b CEO totalDEF 14A2026-03-200001104659-26-032443CEO total compensation as printed in Duke Energy Corporation's own proxy. As printed: 13,652,630. Filing ↗machine: r1 · c50 · span 1542349–1542359
78FirstEnergy Corp., Section 10b CEO totalDEF 14A2026-04-010001193125-26-138029CEO total compensation as printed in FirstEnergy Corp.'s own proxy. As printed: 13,452,559. Filing ↗machine: span 2403220–2403230
79PPL Corporation, Section 10b CEO totalDEF 14A2026-04-010001193125-26-135991CEO total compensation as printed in PPL Corporation's own proxy. As printed: 13,221,331. Filing ↗machine: t139 · r2 · c21 · span 1822151–1822161
80Wisconsin Energy Corp, Section 10b CEO totalDEF 14A2026-03-260000783325-26-000035CEO total compensation as printed in Wisconsin Energy Corp's own proxy. As printed: 12,188,492. Filing ↗machine: r4 · c27 · span 797676–797686
81CenterPoint Energy, Inc., Section 10b CEO totalDEF 14A2026-03-040001104659-26-023457CEO total compensation as printed in CenterPoint Energy, Inc.'s own proxy. As printed: 12,092,341. Filing ↗machine: r1 · c54 · span 1435451–1435461
82CMS Energy Corp, Section 10b CEO totalDEF 14A2026-03-260000811156-26-000015CEO total compensation as printed in CMS Energy Corp's own proxy. As printed: 10,534,039. Filing ↗machine: r3 · c42 · span 736929–736939
83Evergy Inc, Section 10b CEO totalDEF 14A2026-03-260001140361-26-011357CEO total compensation as printed in Evergy Inc's own proxy. As printed: 9,537,018. Filing ↗machine: r2 · c25 · span 1518390–1518399
84The AES Corporation, Section 10b CEO totalDEF 14A2026-03-200000874761-26-000070CEO total compensation as printed in The AES Corporation's own proxy. As printed: 9,153,896. Filing ↗machine: t103 · span 799934–799943
85Alliant Energy Corp, Section 10b CEO totalDEF 14A2026-03-310000352541-26-000025CEO total compensation as printed in Alliant Energy Corp's own proxy. As printed: 8,999,073. Filing ↗machine: r2 · c27 · span 489074–489084
86DTE Energy Company, Section 10b CEO totalDEF 14A2026-03-120000936340-26-000062CEO total compensation as printed in DTE Energy Company's own proxy. As printed: 6,732,386. Filing ↗machine: t121 · r3 · c12 · span 1045987–1045996
87Pinnacle West Capital Corp, Section 10b CEO totalDEF 14A2026-04-030001628280-26-023516CEO total compensation as printed in Pinnacle West Capital Corp's own proxy. As printed: 2,708,803. Filing ↗machine: r20 · c24 · span 1860400–1860409
88Section 10a, The Southern Company reciprocityDEF 14A0000092122-26-000028The Southern Company names American Electric Power Co Inc in its own disclosed peer group (read from its most recent proxy). Filing ↗
89Section 10a, Waste Management, Inc. reciprocityDEF 14A0001104659-26-037381Waste Management, Inc.'s most recent proxy was read; its disclosed peer group does not include American Electric Power Co Inc. Filing ↗
90Section 10a, NextEra Energy, Inc. reciprocityDEF 14A0001104659-26-038551NextEra Energy, Inc. names American Electric Power Co Inc in its own disclosed peer group (read from its most recent proxy). Filing ↗
91Section 10a, CenterPoint Energy, Inc. reciprocityDEF 14A0001104659-26-023457CenterPoint Energy, Inc. names American Electric Power Co Inc in its own disclosed peer group (read from its most recent proxy). Filing ↗
92Section 10a, Delta Air Lines, Inc. reciprocityDEF 14A0001308179-26-000345Delta Air Lines, Inc.'s most recent proxy was read; its disclosed peer group does not include American Electric Power Co Inc. Filing ↗
93Section 10a, Dominion Energy, Inc. reciprocityDEF 14A0001193125-26-115180Dominion Energy, Inc. names American Electric Power Co Inc in its own disclosed peer group (read from its most recent proxy). Filing ↗
94Section 10a, Duke Energy Corporation reciprocityDEF 14A0001104659-26-032443Duke Energy Corporation names American Electric Power Co Inc in its own disclosed peer group (read from its most recent proxy). Filing ↗
95Section 10a, Entergy Corporation reciprocityDEF 14A0000065984-26-000211Entergy Corporation names American Electric Power Co Inc in its own disclosed peer group (read from its most recent proxy). Filing ↗
96Section 10a, Alliant Energy Corp reciprocityDEF 14A0000352541-26-000025Alliant Energy Corp's most recent proxy was read; its disclosed peer group does not include American Electric Power Co Inc. Filing ↗
97Section 10a, Consolidated Edison, Inc. reciprocityDEF 14A0001047862-26-000078Consolidated Edison, Inc. names American Electric Power Co Inc in its own disclosed peer group (read from its most recent proxy). Filing ↗
98Section 10a, Northrop Grumman Corporation reciprocityDEF 14A0001133421-26-000007Northrop Grumman Corporation's most recent proxy was read; its disclosed peer group does not include American Electric Power Co Inc. Filing ↗
99Section 10a, The AES Corporation reciprocityDEF 14A0000874761-26-000070The AES Corporation's most recent proxy was read; its disclosed peer group does not include American Electric Power Co Inc. Filing ↗
100Section 10a, Edison International reciprocityDEF 14A0001104659-26-027655Edison International names American Electric Power Co Inc in its own disclosed peer group (read from its most recent proxy). Filing ↗
101Section 10a, Exelon Corporation reciprocityDEF 14A0001109357-26-000040Exelon Corporation names American Electric Power Co Inc in its own disclosed peer group (read from its most recent proxy). Filing ↗
102Section 10a, Xcel Energy Inc. reciprocityDEF 14A0000072903-26-000063Xcel Energy Inc. names American Electric Power Co Inc in its own disclosed peer group (read from its most recent proxy). Filing ↗
103Section 10a, PG&E Corporation reciprocityDEF 14A0001004980-26-000020PG&E Corporation names American Electric Power Co Inc in its own disclosed peer group (read from its most recent proxy). Filing ↗
104Section 10a, 3M Company reciprocityDEF 14A0000066740-26-0001513M Company's most recent proxy was read; its disclosed peer group does not include American Electric Power Co Inc. Filing ↗
105Section 10a, The Sherwin-Williams Company reciprocityDEF 14A0000089800-26-000025The Sherwin-Williams Company's most recent proxy was read; its disclosed peer group does not include American Electric Power Co Inc. Filing ↗
106Section 10a, Eversource Energy reciprocityDEF 14A0001104659-26-036077Eversource Energy names American Electric Power Co Inc in its own disclosed peer group (read from its most recent proxy). Filing ↗
107Section 10a, Sempra reciprocityDEF 14A0001193125-26-127603Sempra names American Electric Power Co Inc in its own disclosed peer group (read from its most recent proxy). Filing ↗
108Section 10a, Constellation Energy Corporation reciprocityDEF 14A0001552781-26-000140Constellation Energy Corporation names American Electric Power Co Inc in its own disclosed peer group (read from its most recent proxy). Filing ↗
109Section 10a, General Dynamics Corporation reciprocityDEF 14A0001308179-26-000168General Dynamics Corporation's most recent proxy was read; its disclosed peer group does not include American Electric Power Co Inc. Filing ↗
110Section 10a, DTE Energy Company reciprocityDEF 14A0000936340-26-000062DTE Energy Company names American Electric Power Co Inc in its own disclosed peer group (read from its most recent proxy). Filing ↗
111Section 10a, CMS Energy Corp reciprocityDEF 14A0000811156-26-000015CMS Energy Corp's most recent proxy was read; its disclosed peer group does not include American Electric Power Co Inc. Filing ↗
112Section 10a, Pinnacle West Capital Corp reciprocityDEF 14A0001628280-26-023516Pinnacle West Capital Corp's most recent proxy was read; its disclosed peer group does not include American Electric Power Co Inc. Filing ↗
113Section 10a, Evergy Inc reciprocityDEF 14A0001140361-26-011357Evergy Inc's most recent proxy was read; its disclosed peer group does not include American Electric Power Co Inc. Filing ↗
114Section 10a, Wisconsin Energy Corp reciprocityDEF 14A0000783325-26-000035Wisconsin Energy Corp names American Electric Power Co Inc in its own disclosed peer group (read from its most recent proxy). Filing ↗