AMERICAN ELECTRIC POWER CO INC

American Electric Power Company, Inc. entered into forward sale agreements for a total of 23,543,308 shares of its common stock with Bank of America, Goldman Sachs, and Morgan Stanley. This includes an initial agreement for 20,472,442 shares and an additional 3,070,866 shares following an underwriter option exercise. The company expects to physically settle these agreements by May 31, 2028, receiving net proceeds based on an initial forward sale price of $124.968 per share, subject to certain adjustments.

American Electric Power reported strong first-quarter 2026 results, with GAAP EPS of $1.61 and operating EPS of $1.64. The company reaffirmed its full-year 2026 operating earnings guidance and significantly increased its five-year capital plan to $78 billion, up from $72 billion, driven by robust demand growth. This expanded capital plan is expected to generate nearly 11% annual rate-base growth and raise the operating earnings CAGR to greater than 9% through 2030.

AMERICAN ELECTRIC POWER CO INC (AEP) has amended its By-Laws, effective May 1, 2026. The amendments primarily update Section 17 regarding the election of directors, including the implementation of majority voting for uncontested elections and a policy requiring incumbent directors who are not re-elected to tender their resignation. The Board will then decide whether to accept the resignation within 90 days. The By-Laws also detail procedures for stockholder nominations and proxy access.