FirstEnergy (FE) director discloses common shares and phantom stock units
Rhea-AI Filing Summary
FirstEnergy Corp. director reported routine equity-related activity. As of the latest filing, the director beneficially owns 2,867.659 shares of FirstEnergy common stock, including shares acquired through dividend reinvestment.
The director also holds 17,298.7451 phantom stock units, which track the value of FirstEnergy common stock and are payable in cash or shares after the director’s service ends, under the company’s deferred compensation arrangements. These phantom units include dividends accrued on the phantom stock and reflect quarterly awards under the FirstEnergy Corp. 2020 Incentive Compensation Plan that have been deferred.
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FAQ
What insider activity at FirstEnergy Corp (FE) is reported in this Form 4?
The filing reports a FirstEnergy Corp. director’s holdings of 2,867.659 shares of common stock and 17,298.7451 phantom stock units, reflecting routine equity-based compensation and dividend-related accruals.
How many FirstEnergy Corp (FE) common shares does the director now beneficially own?
The director beneficially owns 2,867.659 shares of FirstEnergy Corp. common stock, which includes shares acquired through dividend reinvestments.
What are the phantom stock units reported for the FirstEnergy Corp (FE) director?
The director holds 17,298.7451 phantom stock units, each economically equivalent to one share of FirstEnergy common stock and payable in cash or shares following the conclusion of service as a director.
How were the FirstEnergy Corp (FE) phantom stock units granted to the director?
The phantom stock units are paid quarterly under the FirstEnergy Corp. 2020 Incentive Compensation Plan and deferred under the FirstEnergy Corp. Deferred Compensation Plan for Outside Directors.
Do the FirstEnergy Corp (FE) phantom stock units include dividends?
Yes. The filing states that the reported phantom stock units include dividends accrued on phantom stock units.
Is the reporting person in this FirstEnergy Corp (FE) filing a director or officer?
The reporting person is identified as a director of FirstEnergy Corp., with the form filed for one reporting person.