STOCK TITAN

FirstEnergy (FE) director Hicks granted 837 phantom stock units as deferred pay

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

Rhea-AI Filing Summary

Hicks Lisa Winston reported acquisition or exercise transactions in this Form 4 filing.

FIRSTENERGY CORP director Lisa Winston Hicks received 837 phantom stock units as a grant of director compensation. These units were awarded under the FirstEnergy Corp. 2020 Incentive Compensation Plan and deferred into the Deferred Compensation Plan for Outside Directors, where each phantom unit is economically equivalent to one share of common stock.

After this award, Hicks holds 18,290.4465 phantom stock units, which are payable in cash or FirstEnergy common shares following the end of her board service. She also holds 2,051 shares of common stock directly and 500 shares indirectly through her spouse. The filing shows no open-market purchases or sales, only compensation-related accruals and updated holdings.

Positive

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Negative

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Insider Hicks Lisa Winston
Role Director
Type Security Shares Price Value
Grant/Award Phantom Stock Units 837 $0.00 --
holding Common Stock -- -- --
holding Common Stock -- -- --
Holdings After Transaction: Phantom Stock Units — 18,290.447 shares (Direct); Common Stock — 2,051 shares (Direct); Common Stock — 500 shares (Indirect, By Spouse)
Footnotes (1)
  1. 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 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.
Phantom units granted 837 phantom stock units Quarterly director compensation grant on 2026-04-01
Total phantom units after grant 18,290.4465 phantom stock units Holdings following the 2026-04-01 award
Direct common stock holdings 2,051 shares Common stock directly held after reported transactions
Indirect common stock holdings 500 shares Common stock held indirectly by spouse
Transaction price per phantom unit $0.00 per unit Grant/award acquisition with no purchase price
Phantom Stock Units financial
"Represents shares paid quarterly for director compensation under the FirstEnergy Corp. 2020 Incentive Compensation Plan and deferred pursuant..."
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."
economic equivalent financial
"Each share of phantom stock is the economic equivalent of one share of common stock."
director compensation financial
"Represents shares paid quarterly for director compensation under the FirstEnergy Corp. 2020 Incentive Compensation Plan..."
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*
Hicks Lisa Winston

(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)
04/01/2026
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 Stock2,051D
Common Stock500IBy Spouse
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(1)(2)04/01/2026A837 (3) (3)Common Stock837$018,290.4465(4)D
Explanation of Responses:
1. 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.
2. 1 for 1
3. 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.
4. Includes dividends accrued on phantom stock units.
/s/ Mary M. Swann, attorney-in-fact04/03/2026
** 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 Lisa Winston Hicks report in this Form 4?

Lisa Winston Hicks reported receiving 837 phantom stock units as part of her director compensation. These units were deferred under FirstEnergy’s outside director compensation plan and increased her total phantom stock holdings to 18,290.4465 units, without any open-market share purchases or sales.

How many phantom stock units does Lisa Winston Hicks now hold at FirstEnergy (FE)?

After the reported grant, Lisa Winston Hicks holds 18,290.4465 phantom stock units. Each phantom unit is economically equivalent to one share of FirstEnergy common stock and is payable in cash or shares after her service as a director ends, under plan terms.

Were there any open-market stock purchases or sales by Lisa Winston Hicks in this FirstEnergy (FE) filing?

The filing shows no open-market purchases or sales by Lisa Winston Hicks. It records a compensation-related grant of 837 phantom stock units and updates to her direct and indirect common stock holdings, which total 2,051 shares directly and 500 shares held indirectly by her spouse.

What are phantom stock units in the context of FirstEnergy (FE) director compensation?

Phantom stock units are bookkeeping units that mirror FirstEnergy’s common stock value. For Lisa Winston Hicks, each phantom unit equals one share economically and is payable in cash or shares after her board service ends, reflecting deferred director compensation rather than immediate share ownership.

What are Lisa Winston Hicks’s direct and indirect common stock holdings in FirstEnergy (FE)?

The Form 4 shows Lisa Winston Hicks directly holding 2,051 shares of FirstEnergy common stock. In addition, she is reported with indirect ownership of 500 shares held by her spouse, reflecting both personal and family-related positions in the company’s common equity.

Is the 837-unit phantom stock grant to Lisa Winston Hicks at FirstEnergy (FE) part of a regular program?

Yes. The footnotes state the 837 phantom stock units represent quarterly director compensation under the FirstEnergy Corp. 2020 Incentive Compensation Plan, deferred into the company’s Deferred Compensation Plan for Outside Directors, indicating this grant is part of an ongoing compensation structure.