FirstEnergy (NYSE: FE) director awarded 837 phantom stock units as deferred pay
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
FIRSTENERGY CORP director Jana T. Croom received a grant of 837 Phantom Stock Units on April 1, 2026. These units are tied to the value of FirstEnergy common stock and are payable in cash or shares after her service as a director ends, under the Deferred Compensation Plan for Outside Directors.
After this grant, Croom holds 13,970.2234 phantom stock units, including dividends accrued on those units, and 2,778.521 shares of common stock held directly, which include shares acquired through dividend reinvestments. The filing records a compensation-related award, not an open-market trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Croom Jana T
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Units | 837 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Phantom Stock Units — 13,970.223 shares (Direct);
Common Stock — 2,778.521 shares (Direct)
Footnotes (1)
- Includes shares acquired through dividend reinvestments. 1 for 1 This holding reflects phantom stock payable in cash or shares of FirstEnergy Corp. common stock following conclusion of service as a director, in accordance with the terms and conditions of the FirstEnergy Corp. Deferred Compensation Plan for Outside Directors. Each share of phantom stock is the economic equivalent of one share of common stock. Includes dividends accrued on phantom stock units.
Key Figures
Phantom units granted: 837 Phantom Stock Units
Phantom units after grant: 13,970.2234 units
Common shares held: 2,778.521 shares
+1 more
4 metrics
Phantom units granted
837 Phantom Stock Units
Grant/award on April 1, 2026
Phantom units after grant
13,970.2234 units
Total phantom stock holdings following transaction, including accrued dividends
Common shares held
2,778.521 shares
Direct FirstEnergy common stock holdings following transaction, including dividend reinvestments
Transaction price per unit
$0.00 per unit
Phantom Stock Units granted at no cash cost as compensation
Key Terms
Phantom Stock Units, Deferred Compensation Plan for Outside Directors, dividend reinvestments, dividends accrued on phantom stock units
4 terms
Phantom Stock Units financial
"This holding reflects phantom stock payable in cash or shares of FirstEnergy Corp."
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
"in accordance with the terms and conditions of the FirstEnergy Corp. Deferred Compensation Plan for Outside Directors."
dividend reinvestments financial
"Includes shares acquired through dividend reinvestments."
dividends accrued on phantom stock units financial
"Includes dividends accrued on phantom stock units."
FAQ
What did FirstEnergy (FE) director Jana T. Croom report in this Form 4?
Jana T. Croom reported receiving 837 Phantom Stock Units as a compensation-related grant. These units mirror FirstEnergy’s common stock value and increase her deferred holdings, rather than reflecting an open-market purchase or sale of existing shares.
How many Phantom Stock Units does Jana T. Croom hold after this FirstEnergy (FE) transaction?
After the grant, Jana T. Croom holds 13,970.2234 Phantom Stock Units. This total includes previously granted units and dividends accrued on those phantom units under FirstEnergy’s Deferred Compensation Plan for Outside Directors.
What are Phantom Stock Units in the FirstEnergy (FE) director compensation plan?
Phantom Stock Units are bookkeeping entries that track the value of FirstEnergy common stock. Each unit is economically equivalent to one share and is payable in cash or shares after a director’s service concludes, rather than being regular, currently tradable stock.
When will Jana T. Croom’s Phantom Stock Units in FirstEnergy (FE) be paid out?
The Phantom Stock Units are payable in cash or FirstEnergy common shares after her service as a director ends. The timing and form of payment follow the terms of the FirstEnergy Deferred Compensation Plan for Outside Directors described in the filing.