American Electric Power Co INC: insider trades · United States · SEC (Form 4)

About American Electric Power Co INC

American Electric Power Company, Inc. (NYSE/NASDAQ: AEP) is one of the largest regulated electric utilities in the United States. Headquartered in Columbus, Ohio, AEP serves 5.6 million customers across 11 states and operates a utility model built around regulated transmission and distribution, supported by large-scale infrastructure investment and relatively visible cash flows. For investors, the company sits in the defensive, capital-intensive part of the U.S. power sector, where earnings are closely tied to rate base growth, regulatory outcomes, and demand for modernized grid infrastructure. ([aep.com](https://www.aep.com/about/?utm_source=openai)) AEP was founded in the early 20th century and grew through the expansion and integration of regional electric assets into a multi-state utility platform. Over time, the company became especially well known for its transmission footprint. Today it describes itself as operating the nation’s largest electric transmission system, with about 40,000 line miles of transmission and more than 252,000 miles of distribution lines. That scale is a key competitive advantage: it creates a large regulated asset base that is difficult to replicate and supports long-duration investment opportunities. ([pr.aep.com](https://pr.aep.com/news/releases/read/10534/AEP-Reports-ThirdQuarter-2025-Operating-Earnings--Updated-Capital-Plan-Drives-New-LongTerm-Growth-Rate-?utm_source=openai)) The company’s core business remains electricity-centric. Its activities cover power delivery, transmission, distribution, and related regulated utility services, while generation is managed within its broader integrated utility framework. AEP’s operating footprint includes well-known subsidiaries such as AEP Ohio, AEP Texas, Appalachian Power, Indiana Michigan Power, Kentucky Power, Public Service Company of Oklahoma, and Southwestern Electric Power Company. This structure gives the group exposure to multiple regulatory jurisdictions, while preserving the stable profile typically associated with large U.S. utilities. ([aep.com](https://www.aep.com/news/stories/view/11917/?utm_source=openai)) Geographically, AEP is concentrated in the United States, with a major presence in the Midwest, the South, and parts of the Southwest. The company emphasizes reliability, grid resiliency, and the ability to connect new industrial and commercial load. It also positions itself as an infrastructure enabler for economic development, reflecting the growing need for transmission upgrades, distribution reinforcement, and system modernization across its service territories. ([aep.com](https://www.aep.com/news/stories/view/11917/?utm_source=openai)) Recent news has been a central investment focus. In 2026, AEP increased its five-year capital plan to $78 billion, citing accelerating demand and additional opportunities for investment beyond the current plan. Management also reported 63 GW of new load additions by 2030 and reiterated earnings guidance and long-term growth targets. In earlier 2025 updates, AEP had already raised its capital spending outlook and highlighted stronger transmission investment. For market participants, the key message is that AEP remains a large U.S. regulated utility with a robust growth pipeline, supported by the ongoing buildout of grid infrastructure and rising load demand. ([aep.com](https://www.aep.com/news/stories/view/11917/?utm_source=openai))