FirstEnergy (FE) director adds 944 phantom stock units in deferred pay
Rhea-AI Filing Summary
FirstEnergy Corp. reported a routine equity compensation change for one of its directors. On 01/02/2026, the director received 944 phantom stock units under the FirstEnergy Corp. 2020 Incentive Compensation Plan, deferred into the FirstEnergy Corp. Deferred Compensation Plan for Outside Directors. Each phantom stock unit is the economic equivalent of one share of FirstEnergy common stock and is payable in cash or shares after the director’s service ends. Following this grant, the director beneficially owns 17,449.8748 phantom stock units directly, along with 2,051 shares of common stock held directly and 500 shares held indirectly by a spouse.
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FAQ
What insider transaction did FirstEnergy Corp (FE) disclose in this Form 4?
FirstEnergy Corp disclosed that one of its directors received 944 phantom stock units on 01/02/2026 as part of quarterly director compensation deferred under the company’s plans.
How many FirstEnergy (FE) phantom stock units does the director hold after this transaction?
After the reported grant, the director beneficially owns 17,449.8748 phantom stock units directly, each tied economically to one share of FirstEnergy common stock.
What is the economic relationship between FirstEnergy phantom stock units and common shares?
Each phantom stock unit is described as the economic equivalent of one share of FirstEnergy common stock, with value tracked to the stock and settled in cash or shares after board service concludes.
When are the FirstEnergy (FE) phantom stock units payable to the director?
The phantom stock units are payable in cash or shares of FirstEnergy common stock following the director’s conclusion of service, consistent with the Deferred Compensation Plan for Outside Directors.
How many FirstEnergy common shares does the director and spouse beneficially own?
The filing shows the director directly owns 2,051 shares of FirstEnergy common stock, and an additional 500 shares are held indirectly, reported as owned by the director’s spouse.
What FirstEnergy compensation plans are referenced in this Form 4?
The transaction involves director compensation under the FirstEnergy Corp. 2020 Incentive Compensation Plan, deferred into the FirstEnergy Corp. Deferred Compensation Plan for Outside Directors.