FirstEnergy (FE) director reports phantom stock grant and updated holdings
Rhea-AI Filing Summary
FirstEnergy Corp. director reports updated holdings and phantom stock grant. A company director filed a Form 4 reporting a transaction dated 01/02/2026. The filing shows beneficial ownership of 2,754.745 shares of FirstEnergy common stock, which includes shares acquired through dividend reinvestment. It also reports an acquisition of 944 phantom stock units, representing shares paid quarterly for director compensation under the FirstEnergy Corp. 2020 Incentive Compensation Plan and deferred under the Deferred Compensation Plan for Outside Directors.
Each phantom stock unit is the economic equivalent of one share of common stock and is payable in cash or FirstEnergy common stock following the conclusion of the director’s service, in accordance with the plan terms. After the reported transaction, the director beneficially owns 13,011.9003 phantom stock units, including dividends accrued on those units.
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FAQ
What insider transaction did FirstEnergy (FE) report on January 2, 2026?
The Form 4 shows that a FirstEnergy Corp. director had a reportable transaction dated 01/02/2026 involving 944 phantom stock units, which are part of the director’s compensation and deferred under the FirstEnergy Corp. Deferred Compensation Plan for Outside Directors.
How many FirstEnergy (FE) common shares does the director beneficially own after this Form 4?
The filing reports that the director beneficially owns 2,754.745 shares of FirstEnergy common stock following the reported transaction. This amount includes shares acquired through dividend reinvestments.
What are phantom stock units in FirstEnergy (FE) director compensation?
The phantom stock units represent shares paid quarterly for director compensation under the FirstEnergy Corp. 2020 Incentive Compensation Plan and deferred under the Deferred Compensation Plan for Outside Directors. Each phantom stock unit is the economic equivalent of one share of FirstEnergy common stock.
How many phantom stock units does the FirstEnergy (FE) director own after the reported grant?
After the reported transaction, the director beneficially owns 13,011.9003 phantom stock units. This figure includes dividends accrued on phantom stock units, as noted in the explanation of responses.
When will the FirstEnergy (FE) phantom stock units be paid out to the director?
The phantom stock holdings are payable in cash or shares of FirstEnergy Corp. common stock following the conclusion of service as a director, in accordance with the terms and conditions of the FirstEnergy Corp. Deferred Compensation Plan for Outside Directors.
Does the FirstEnergy (FE) Form 4 mention dividends on phantom stock units?
Yes. The explanation of responses states that the total phantom stock units includes dividends accrued on phantom stock units, meaning additional units accumulate as dividends are credited.