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FirstEnergy (NYSE: FE) VP Lisowski receives 7,337 RSUs and reports phantom stock

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

Rhea-AI Filing Summary

FirstEnergy Corp. executive Jason Lisowski reported an equity award and updated holdings. On February 11, 2026, he acquired 7,337.544 performance-adjusted restricted stock units (RSUs), each linked to FirstEnergy common stock, following certification that performance goals were met for RSUs granted on March 1, 2023. These RSUs will vest on March 1, 2026, generally contingent on continued service and are payable two-thirds in stock and one-third in cash. Lisowski also reported 4,327.296 shares of common stock held directly and an estimated 1,198.87 shares held indirectly through the company’s 401(k) Savings Plan, as well as multiple phantom stock balances that are economically equivalent to common shares and payable in cash at retirement or other termination of employment.

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SEC Form 4
FORM 4 UNITED 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*
Lisowski Jason

(Last) (First) (Middle)
341 WHITE POND DRIVE

(Street)
AKRON OH 44320

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
FIRSTENERGY CORP [ FE ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
VP, Controller & CAO
3. Date of Earliest Transaction (Month/Day/Year)
02/11/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Common Stock 4,327.296(1) D
Common Stock 1,198.87(2) I By Savings Plan
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
RSU (3) 02/11/2026 A 7,337.544 (3) (3) Common Stock 7,337.544 $0 7,337.544 D
Phantom 3/12D (4) (4) (4) Common Stock 17.016 17.016(5) D
Phantom 3/14D (4) (4) (4) Common Stock 69.112 69.112(5) D
Phantom 3/15D (4) (4) (4) Common Stock 18.764 18.764(5) D
Phantom 3/16D (4) (4) (4) Common Stock 120.301 120.301(5) D
Phantom 3/18D (4) (4) (4) Common Stock 259.231 259.231(5) D
Phantom 3/19D (4) (4) (4) Common Stock 5,441.206 5,441.206(5) D
Phantom 3/20D (4) (4) (4) Common Stock 5,722.836 5,722.836(5) D
Phantom 3/21D (4) (4) (4) Common Stock 11,945.975 11,945.975(5) D
Phantom 3/22D (4) (4) (4) Common Stock 6,737.647 6,737.647(5) D
Explanation of Responses:
1. Balance has been updated since the reporting person's last filed Form 4 to include shares acquired through dividend reinvestments.
2. FirstEnergy Corp.'s (the "Company") 401(k) Savings Plan ("401(k) 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) Plan in this row is an estimate of the number of shares of the Company's common stock held in the unitized stock fund since the reporting person's last filed Form 4 and as allocated to the reporting person's account as of January 31, 2026.
3. Represents performance-adjusted restricted stock units ("RSUs") granted on March 1, 2023, each of which represents a contingent right to receive an award payable 2/3 in Company common stock and 1/3 in cash following the vesting date. This Form 4 is being filed to report the satisfaction of the performance goals for the RSUs, as certified by the Company's Board of Directors on February 11, 2026. As a result, these RSUs will vest on March 1, 2026, generally subject to the reporting person's continued service.
4. Each share of phantom stock is the economic equivalent of one share of common stock. This holding reflects phantom stock payable in cash upon retirement or other termination of employment under the FirstEnergy Corp. Amended and Restated Executive Deferred Compensation Plan.
5. Includes phantom stock acquired through dividend reinvestments.
/s/ Mary M. Swann, attorney-in-fact 02/13/2026
** Signature of Reporting Person Date
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.

FAQ

What insider transaction did Jason Lisowski report at FirstEnergy (FE)?

Jason Lisowski reported acquiring 7,337.544 performance-adjusted restricted stock units on February 11, 2026. These RSUs stem from a March 1, 2023 grant and were earned after performance goals were certified as satisfied by the Board, reflecting a stock-based component of his executive compensation package.

How do the reported RSUs for Jason Lisowski at FirstEnergy (FE) vest and pay out?

The 7,337.544 RSUs will vest on March 1, 2026, generally subject to Jason Lisowski’s continued service. Each unit represents a contingent right to an award payable two-thirds in FirstEnergy common stock and one-third in cash after the vesting date, once conditions are met.

What direct and indirect FirstEnergy (FE) share holdings did Jason Lisowski disclose?

Jason Lisowski reported directly holding 4,327.296 shares of FirstEnergy common stock. He also indirectly holds an estimated 1,198.87 shares through the company’s 401(k) Savings Plan, which uses a unitized stock fund that includes dividend reinvestment and company matching features for participating employees.

What are the phantom stock holdings reported by Jason Lisowski at FirstEnergy (FE)?

He reported several phantom stock positions, each economically equivalent to one share of FirstEnergy common stock. These phantom shares are payable in cash upon retirement or other termination of employment under the Amended and Restated Executive Deferred Compensation Plan and include amounts that grow through dividend reinvestments.

How were dividend reinvestments reflected in Jason Lisowski’s FirstEnergy (FE) holdings?

The filing notes that balances were updated to include shares and phantom stock acquired through dividend reinvestments. This affects both directly held common shares and phantom stock units, ensuring the reported holdings reflect cumulative reinvested dividends since his last reported Form 4 filing.

What role does the FirstEnergy (FE) 401(k) Savings Plan play in Jason Lisowski’s share ownership?

Lisowski’s indirect holdings include an estimated 1,198.87 shares through the FirstEnergy 401(k) Savings Plan. The plan uses a unitized stock fund invested in company common stock and incorporates dividend reinvestment and company match features, with amounts allocated to his account as of January 31, 2026.

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28.21B
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4.22%
Utilities - Regulated Electric
Electric Services
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United States
AKRON