STOCK TITAN

FirstEnergy (FE) director receives 837 phantom stock units as deferred board pay

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

Rhea-AI Filing Summary

Williams Melvin D. reported acquisition or exercise transactions in this Form 4 filing.

FIRSTENERGY CORP director Melvin D. Williams reported a compensation-related grant of 837 Phantom Stock Units on April 1, 2026. Each phantom unit is economically equivalent to one share of common stock and is paid under the FirstEnergy Corp. 2020 Incentive Compensation Plan, then deferred into the Deferred Compensation Plan for Outside Directors.

Following this grant, Williams holds 18,290.4465 phantom stock units, which are payable in cash or common shares after his board service ends, and 2,892.415 shares of common stock held directly, including shares and phantom units with dividends reinvested or accrued.

Positive

  • None.

Negative

  • None.

Insights

Director received routine deferred stock-based compensation, with no open-market buying or selling.

Melvin D. Williams, a director of FIRSTENERGY CORP, received 837 Phantom Stock Units as a grant under the company’s 2020 Incentive Compensation Plan, deferred into the Deferred Compensation Plan for Outside Directors. This is standard equity-based board compensation rather than a market transaction.

The filing shows 18,290.4465 phantom stock units and 2,892.415 common shares held directly after these entries, including dividend reinvestments and accrued dividends on phantom units. With no reported open-market buys or sells, this update primarily refreshes the record of his deferred and direct equity interests.

Insider Williams Melvin D.
Role Director
Type Security Shares Price Value
Grant/Award Phantom Stock Units 837 $0.00 --
holding Common Stock -- -- --
Holdings After Transaction: Phantom Stock Units — 18,290.447 shares (Direct); Common Stock — 2,892.415 shares (Direct)
Footnotes (1)
  1. Includes shares acquired through dividend reinvestments. Represents shares paid quarterly under the FirstEnergy Corp. 2020 Incentive Compensation Plan and deferred pursuant to the FirstEnergy Corp. Deferred Compensation Plan for Outside Directors. 1 for 1 This holding reflects phantom stock payable in cash or shares of FirstEnergy Corp. common stock following conclusion of service as a director, in accordance with the terms and conditions of the FirstEnergy Corp. Deferred Compensation Plan for Outside Directors. Each share of phantom stock is the economic equivalent of one share of common stock. Includes dividends accrued on phantom stock units.
Phantom Stock Units granted 837 Phantom Stock Units Grant on April 1, 2026 under 2020 Incentive Compensation Plan
Phantom units after grant 18,290.4465 Phantom Stock Units Total phantom stock units following April 1, 2026 grant
Common stock held 2,892.415 shares Direct common stock holdings following reported transactions
Phantom unit conversion ratio 1 for 1 Each phantom stock unit equals one share of common stock
Phantom Stock Units financial
"This holding reflects phantom stock payable in cash or shares of FirstEnergy Corp. common stock"
Phantom stock units are company promises that pay a cash or stock-equivalent award tied to the firm’s share price or value growth, but they do not issue actual shares. Think of them as a bonus check that moves with the stock like a mirror rather than handing over an ownership slice. Investors care because these awards can affect a company’s future cash obligations, executive incentives and reported expenses without causing share dilution.
Deferred Compensation Plan for Outside Directors financial
"deferred pursuant to the FirstEnergy Corp. Deferred Compensation Plan for Outside Directors"
2020 Incentive Compensation Plan financial
"paid quarterly under the FirstEnergy Corp. 2020 Incentive Compensation Plan and deferred"
dividend reinvestments financial
"Includes shares acquired through dividend reinvestments."
SEC Form 4
FORM 4UNITED 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*
Williams Melvin D.

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

(Street)
AKRON OHIO 44320

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
FIRSTENERGY CORP [ FE ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock2,892.415(1)D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Phantom Stock Units(2)(3)04/01/2026A837 (4) (4)Common Stock837$018,290.4465(5)D
Explanation of Responses:
1. Includes shares acquired through dividend reinvestments.
2. Represents shares paid quarterly under the FirstEnergy Corp. 2020 Incentive Compensation Plan and deferred pursuant to the FirstEnergy Corp. Deferred Compensation Plan for Outside Directors.
3. 1 for 1
4. This holding reflects phantom stock payable in cash or shares of FirstEnergy Corp. common stock following conclusion of service as a director, in accordance with the terms and conditions of the FirstEnergy Corp. Deferred Compensation Plan for Outside Directors. Each share of phantom stock is the economic equivalent of one share of common stock.
5. Includes dividends accrued on phantom stock units.
/s/ Mary M. Swann, attorney-in-fact04/03/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did FIRSTENERGY CORP (FE) disclose for Melvin D. Williams?

FIRSTENERGY CORP reported that director Melvin D. Williams received 837 Phantom Stock Units as a grant on April 1, 2026. These units are compensation, not an open-market trade, and are deferred under the company’s plan for outside directors until his board service concludes.

Are the recent FE insider transactions open-market buys or sells?

The reported activity for FE director Melvin D. Williams reflects a grant of 837 Phantom Stock Units, classified as an acquisition by award. The filing does not show any open-market purchases or sales; it mainly updates his deferred compensation and share holdings balances.

How many Phantom Stock Units does FE director Melvin D. Williams now hold?

After the April 1, 2026 grant, Melvin D. Williams holds 18,290.4465 Phantom Stock Units at FIRSTENERGY CORP. These units track the value of common stock and are payable in cash or shares after his service as a director, including dividends accrued on the units.

What common stock holdings does Melvin D. Williams report in FE shares?

The filing shows that Melvin D. Williams holds 2,892.415 shares of FIRSTENERGY CORP common stock directly. According to the footnotes, this figure includes shares acquired through dividend reinvestments, reflecting a growing position from automatic plan-related activity rather than new market purchases.

What are Phantom Stock Units in the context of FIRSTENERGY CORP (FE)?

Phantom Stock Units at FIRSTENERGY CORP are bookkeeping units economically equivalent to one share of common stock. They are payable in cash or shares after a director’s service ends and include dividends accrued on the phantom units, aligning director compensation with shareholder returns over time.

Under which plans were the FE Phantom Stock Units granted and deferred?

The 837 Phantom Stock Units were paid quarterly under the FirstEnergy Corp. 2020 Incentive Compensation Plan. They were then deferred pursuant to the FirstEnergy Corp. Deferred Compensation Plan for Outside Directors, where each phantom share tracks one share of common stock until payout.