STOCK TITAN

Director O'Neil (NYSE: FE) adds phantom stock units as compensation

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

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.

Positive

  • None.

Negative

  • None.
Insider ONEIL JAMES F
Role null
Type Security Shares Price Value
Grant/Award Phantom Stock Units 898 $0.00 --
holding Common Stock -- -- --
Holdings After Transaction: Phantom Stock Units — 47,160.614 shares (Direct, null); Common Stock — 1,887.835 shares (Direct, null)
Footnotes (1)
  1. Includes shares acquired through dividend reinvestments. 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. 1 for 1 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. Includes dividends accrued on phantom stock units.
Phantom units granted 898 Phantom Stock Units Quarterly director compensation grant
Total phantom units held 47,160.6142 Phantom Stock Units Holdings after grant, includes accrued dividends
Common shares held 1,887.835 shares Direct common stock holdings including dividend reinvestments
Phantom unit ratio 1 for 1 Each phantom stock unit equals one share of common stock economically
Derivative transactions reported 1 transaction One derivative grant/award acquisition in this filing
Phantom Stock Units financial
"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."
Phantom stock units are company promises that pay a cash or stock-equivalent award tied to the firm’s share price or value growth, but they do not issue actual shares. Think of them as a bonus check that moves with the stock like a mirror rather than handing over an ownership slice. Investors care because these awards can affect a company’s future cash obligations, executive incentives and reported expenses without causing share dilution.
Deferred Compensation Plan for Outside Directors financial
"deferred pursuant to the FirstEnergy Corp. Deferred Compensation Plan for Outside Directors."
dividend reinvestments financial
"Includes shares acquired through dividend reinvestments."
economic equivalent financial
"Each phantom stock unit is the economic equivalent of one share of common stock."
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SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
ONEIL JAMES F

(Last)(First)(Middle)
341 WHITE POND DRIVE

(Street)
AKRON OHIO 44320

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
FIRSTENERGY CORP [ FE ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock1,887.835(1)D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Phantom Stock Units(2)(3)07/01/2026A898 (4) (4)Common Stock898$047,160.6142(5)D
Explanation of Responses:
1. Includes shares acquired through dividend reinvestments.
2. 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.
3. 1 for 1
4. 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.
5. Includes dividends accrued on phantom stock units.
/s/ Mary M. Swann, attorney-in-fact07/06/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did FirstEnergy (FE) director James F. O'Neil report in this Form 4?

James F. O'Neil reported a routine grant of 898 Phantom Stock Units as part of his quarterly director compensation. These units were deferred into FirstEnergy’s Deferred Compensation Plan for Outside Directors and are not an open‑market stock purchase or sale.

How many Phantom Stock Units does FirstEnergy (FE) director O'Neil now hold?

After this grant, O'Neil holds 47,160.6142 Phantom Stock Units. The holding includes dividends accrued on these phantom units, which track the economic value of FirstEnergy common stock on a one-for-one basis under the company’s outside director compensation programs.

How many FirstEnergy (FE) common shares does director O'Neil hold directly?

O'Neil reports direct ownership of 1,887.835 FirstEnergy common shares. According to the disclosure, this figure includes shares acquired through dividend reinvestments, reflecting ongoing accumulation rather than a recent open‑market stock purchase transaction.

What are Phantom Stock Units in the FirstEnergy (FE) director plan?

Phantom Stock Units are bookkeeping units that mirror FirstEnergy’s common stock value. Each unit equals one share economically and will be settled in cash or shares after the director’s service concludes, under the Deferred Compensation Plan for Outside Directors, rather than traded on the open market.

Is the FirstEnergy (FE) director transaction a buy or a sale of stock?

The filing shows an acquisition of 898 Phantom Stock Units as a grant or award, not an open‑market purchase or sale. It represents compensation deferred into a plan, with payment in cash or stock after O'Neil’s board service ends.