FirstEnergy Corp (FE) director adds phantom stock units under compensation plan
Rhea-AI Filing Summary
FirstEnergy Corp. director reports additional deferred phantom stock units. A company director filed a Form 4 for a transaction dated 01/02/2026. The filing shows the director beneficially owns 12,431 shares of FirstEnergy Corp. common stock directly. In addition, the director acquired 944 phantom stock units on 01/02/2026 at a price of $0 under the company’s compensation plans.
After this transaction, the director holds 28,078.8231 phantom stock units directly. According to the disclosure, these phantom stock units represent quarterly director compensation under the FirstEnergy Corp. 2020 Incentive Compensation Plan and are deferred under the FirstEnergy Corp. 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 the director’s service concludes, and the holdings include dividends accrued on the phantom stock units.
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FAQ
What insider activity did FirstEnergy Corp (FE) report in this Form 4?
The Form 4 reports that a FirstEnergy Corp. director acquired 944 phantom stock units on 01/02/2026 at a price of $0, in connection with director compensation and deferral plans.
How many FirstEnergy Corp (FE) common shares does the director now own?
The filing states the director beneficially owns 12,431 shares of FirstEnergy Corp. common stock in direct ownership form following the reported transaction.
What are the total phantom stock holdings reported for the FirstEnergy (FE) director?
After the 01/02/2026 transaction, the director holds 28,078.8231 phantom stock units, which are derivative securities linked to FirstEnergy Corp. common stock.
How are the FirstEnergy Corp (FE) phantom stock units structured for this director?
The phantom stock units are described as payable in cash or shares of FirstEnergy Corp. common stock following the conclusion of service as a director, and each unit is the economic equivalent of one share of common stock.
Under which plans were the FirstEnergy (FE) phantom stock units granted and deferred?
The filing explains that the phantom stock units represent shares paid quarterly for director compensation under the FirstEnergy Corp. 2020 Incentive Compensation Plan and are deferred under the FirstEnergy Corp. Deferred Compensation Plan for Outside Directors.
Do the reported FirstEnergy Corp (FE) phantom stock holdings include dividends?
Yes. The disclosure notes that the reported phantom stock holdings include dividends accrued on phantom stock units.