FirstEnergy director awarded 898 phantom units
FIRSTENERGY CORP director James F. O'Neil reported routine compensation-related equity activity.
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Rhea-AI Filing Summary
FIRSTENERGY CORP director James F. O'Neil reported routine compensation-related equity activity. He received a grant of 898 Phantom Stock Units as quarterly director compensation under the 2020 Incentive Compensation Plan, deferred into the Deferred Compensation Plan for Outside Directors.
Each phantom stock unit is the economic equivalent of one share of common stock and is payable in cash or shares after his board service ends. After this grant and including accrued dividends, O'Neil holds 47,160.6142 phantom stock units and 1,887.835 shares of common stock, which include shares acquired through dividend reinvestments.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Units | 898 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Footnotes (5)
- F1. Includes shares acquired through dividend reinvestments.
- F2. Represents shares paid quarterly for director compensation under the FirstEnergy Corp. 2020 Incentive Compensation Plan and deferred pursuant to the FirstEnergy Corp. Deferred Compensation Plan for Outside Directors.
- F3. 1 for 1
- F4. This holding reflects phantom stock units payable in cash or shares of Company common stock following conclusion of service as a director, in accordance with the terms and conditions of the Company Deferred Compensation Plan for Outside Directors. Each phantom stock unit is the economic equivalent of one share of common stock.
- F5. Includes dividends accrued on phantom stock units.
Key Figures
Key Terms
Phantom Stock Units financial
Deferred Compensation Plan for Outside Directors financial
dividend reinvestments financial
economic equivalent financial
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