An update from American Electric Power (AEP) is now available.
American Electric Power Company has granted its CFO, Charles E. Zebula, restricted stock units worth $2.25 million as part of a unique arrangement to retain him amid a delayed search for his successor. This incentive is structured to ensure Zebula stays until a new CFO is found or until the end of 2025, with the stock units vesting on a schedule throughout 2025 or upon certain conditions, including a change of control or Zebula’s death.
Learn more about AEP stock on TipRanks’ Stock Analysis page.
