FirstEnergy (FE) director details stock grant and 44,578 phantom units
Rhea-AI Filing Summary
FirstEnergy Corp. reported an insider transaction by a company director. On 01/02/2026, the director acquired 944 shares of common stock at $45 per share as part of quarterly director compensation under the FirstEnergy Corp. 2020 Incentive Compensation Plan. Following this grant, the director beneficially owns 9,814 shares of common stock directly.
The director also holds 44,578.5316 phantom stock units, each economically equivalent to one share of FirstEnergy common stock. These phantom stock units, including dividends accrued on them, are payable in cash or shares after the director’s service concludes under the FirstEnergy Corp. Deferred Compensation Plan for Outside Directors.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 944 | $45.00 | $42K |
| holding | Phantom Stock Units | -- | -- | -- |
Footnotes (1)
- Represents shares paid quarterly for director compensation under the FirstEnergy Corp. 2020 Incentive Compensation Plan. 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.
FAQ
What insider transaction did FirstEnergy (FE) report in this Form 4?
A FirstEnergy Corp. director reported acquiring 944 shares of common stock on 01/02/2026 as part of quarterly director compensation.
What are the phantom stock units reported for the FirstEnergy (FE) director?
The director holds 44,578.5316 phantom stock units, each economically equivalent to one share of FirstEnergy common stock.
How and when are the FirstEnergy (FE) phantom stock units payable?
The phantom stock units, including dividends accrued on them, are payable in cash or shares of FirstEnergy common stock after the director’s service concludes, under the Deferred Compensation Plan for Outside Directors.
Under which plans were the FirstEnergy (FE) director’s awards granted?
The 944-share grant was made under the FirstEnergy Corp. 2020 Incentive Compensation Plan, and the phantom stock units are held under the FirstEnergy Corp. Deferred Compensation Plan for Outside Directors.