FE Form 4: 925 phantom units added, total ownership 16,203.6424 shares
Rhea-AI Filing Summary
Melvin D. Williams, a director of FirstEnergy Corp. (FE), reported changes in his holdings on a Form 4 covering transactions dated 10/01/2025. The filing shows a disposition of 2,840.711 shares of common stock and an acquisition of 925 phantom stock units under the company’s director deferred compensation plan. The phantom units are each economically equivalent to one share and are payable in cash or stock after service ends. After these reported transactions, the filing shows total beneficial ownership of 16,203.6424 shares (direct), which includes dividend reinvestments and dividends accrued on phantom units. The Form 4 was signed by an attorney-in-fact on behalf of the reporting person on 10/03/2025.
Positive
- Retention of economic exposure through acquisition of 925 phantom stock units
- Total reported beneficial ownership remains at 16,203.6424 shares, including dividends
Negative
- Disposition of 2,840.711 shares reduces direct common stock holdings
Insights
Director sold 2,840.711 shares and received 925 phantom units, leaving 16,203.6424 shares beneficially owned.
The Form 4 records a sale of 2,840.711 common shares and the acquisition of 925 phantom stock units under the FirstEnergy director deferred compensation plan. Phantom units are described as economically equivalent to one common share and may be paid in cash or stock after service ends.
This filing is administrative disclosure of insider activity; it documents ownership changes but does not include any commentary on intent or future transactions. All figures are taken directly from the Form 4.