Filing summary
American Electric Power Company, Inc. (AEP) filed this Form 8-K on September 30, 2026, regarding an executive departure effective September 29, 2026. The filing does not report quarterly or annual financial results.
Executive departure and potential severance
Alicia Knapp, President of Nuclear Development, left AEP involuntarily. Under the Executive Severance Plan, she would be eligible for benefits if she enters into a severance agreement that includes a release of claims and a noncompetition agreement.
- Potential benefits: one times her current salary and target annual incentive compensation, plus prorated vesting of performance shares and restricted stock units under AEP’s long-term incentive plan.
- The agreement would include a one-year noncompetition commitment and reaffirm certain non-solicitation, confidentiality, non-disparagement, and cooperation covenants.
Financial and outlook information
The filing provides no revenue, profit, cash flow, margin, debt, liquidity, guidance, or other operating metrics. It does not quantify the potential severance cost.
Key facts to verify
- Whether Ms. Knapp entered into the required agreement and release.
- The final amount and timing of any severance or equity-related benefits.
- Any subsequent disclosure about leadership succession for Nuclear Development.