Jospeh M. Buonaiuto, Controller, Chief Actg Officer at AMERICAN ELECTRIC POWER CO INC (AEP), sold 16,550 shares at $35.05 ($580K) on 2010-02-02, disclosed to the SEC on 2010-02-04.
Seasonal sale ($580k) by Controller, Chief Actg Officer — this insider has traded AEP in February in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $35.03 | 1,050 | $37K | 6.3% |
| 2 | $35.05 | 12,100 | $424K | 73.1% |
| 3 | $35.06 | 1,100 | $39K | 6.6% |
| 4 | $35.07 | 2,300 | $81K | 13.9% |
| Total | $35.05 avg | 16,550 | $580K | 100% |
| Filing → |
| AEP | SELL | 2006-11-22 | $497K | — | Filing → |