Director at FirstEnergy (NYSE: FE) receives 837-share quarterly stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
FIRSTENERGY CORP director John W. Somerhalder II received a grant of 837 shares of common stock, paid quarterly under the FirstEnergy Corp. 2020 Incentive Compensation Plan, at a reference price of $50.73 per share.
Following this award, he directly holds 160,097.504 shares of common stock, including shares acquired through dividend reinvestments. He also has an estimated 756.146 shares held indirectly through the company’s 401(k) Savings Plan unitized stock fund as of March 31, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
SOMERHALDER JOHN W II
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 837 | $50.73 | $42K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 160,097.504 shares (Direct);
Common Stock — 756.146 shares (Indirect, By Savings Plan)
Footnotes (1)
- Represents shares paid quarterly under the FirstEnergy Corp. 2020 Incentive Compensation Plan. Balance includes shares acquired through dividend reinvestments. The Company's 401(k) Savings Plan includes a unitized fund invested in shares of common stock of the Company, in which the reporting person may invest, and includes dividend reinvestment and company match features. The number of shares reported as indirectly held in the 401(k) Savings Plan in this row is an estimate of the number of shares of the Company's common stock held in the unitized stock fund and allocated to the reporting person's account as of March 31, 2026.
Key Figures
Stock award: 837 shares
Reference price: $50.73 per share
Direct holdings after award: 160,097.504 shares
+1 more
4 metrics
Stock award
837 shares
Quarterly grant under 2020 Incentive Compensation Plan
Reference price
$50.73 per share
Price associated with April 1, 2026 stock award
Direct holdings after award
160,097.504 shares
Common stock directly held after April 1, 2026 transaction
Indirect 401(k) holdings
756.146 shares
Estimated shares in unitized 401(k) stock fund as of March 31, 2026
Key Terms
FirstEnergy Corp. 2020 Incentive Compensation Plan, dividend reinvestments, unitized fund, 401(k) Savings Plan
4 terms
FirstEnergy Corp. 2020 Incentive Compensation Plan financial
"Represents shares paid quarterly under the FirstEnergy Corp. 2020 Incentive Compensation Plan."
dividend reinvestments financial
"Balance includes shares acquired through dividend reinvestments."
unitized fund financial
"The Company's 401(k) Savings Plan includes a unitized fund invested in shares of common stock of the Company."
401(k) Savings Plan financial
"The Company's 401(k) Savings Plan includes a unitized fund invested in shares of common stock of the Company."
A 401(k) savings plan is an employer-sponsored retirement account that lets employees set aside a portion of their paycheck on a tax-advantaged basis, often with employer matching contributions that act like free additional savings. It matters to investors because matching, tax-deferred growth and investment choices can significantly boost long-term wealth—while plan rules or heavy concentration in a single company’s stock can increase an employee’s financial exposure to that company.
FAQ
What insider transaction did FIRSTENERGY CORP (FE) report for John W. Somerhalder II?
FIRSTENERGY CORP reported that director John W. Somerhalder II received a grant of 837 shares of common stock as quarterly compensation. The shares were awarded under the FirstEnergy Corp. 2020 Incentive Compensation Plan at a reference price of $50.73 per share.
Is the Form 4 transaction for FIRSTENERGY CORP (FE) an open-market purchase or a stock award?
The Form 4 shows a stock award, not an open-market purchase. John W. Somerhalder II received 837 shares coded as a grant or award, representing quarterly compensation under the FirstEnergy Corp. 2020 Incentive Compensation Plan rather than a discretionary market trade.
What is the role of dividend reinvestments in John W. Somerhalder II’s FIRSTENERGY CORP (FE) holdings?
His reported direct balance of 160,097.504 FIRSTENERGY CORP shares includes shares acquired through dividend reinvestments. This means cash dividends on existing holdings were automatically used to buy additional shares, gradually increasing his ownership over time according to the plan terms.
What compensation plan is referenced in the FIRSTENERGY CORP (FE) insider stock award?
The 837-share stock award to John W. Somerhalder II was made under the FirstEnergy Corp. 2020 Incentive Compensation Plan. This plan provides for quarterly share payments as part of director compensation, aligning directors’ interests with shareholders through ongoing equity-based awards.