FirstEnergy awards director 986 stock-linked units
The deferred units are payable in cash or FirstEnergy common stock after Demetriou’s service as a director concludes.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
FirstEnergy Corp director Steven J. Demetriou received an award of 986 phantom stock units on October 1, 2026, as quarterly director compensation under the company’s 2020 Incentive Compensation Plan, deferred under its Deferred Compensation Plan for Outside Directors. After the award, his reported phantom stock holding was 31,656 units, including accrued dividends, and his direct common stock holding was 12,431 shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Units F1, F2, F3, F4 | 986 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Footnotes (4)
- F1. Represents shares paid quarterly for director compensation under the FirstEnergy Corp. 2020 Incentive Compensation Plan and deferred pursuant to the FirstEnergy Corp. Deferred Compensation Plan for Outside Directors.
- F2. 1 for 1
- F3. 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.
- F4. Includes dividends accrued on phantom stock units.
Key Figures
Key Terms
Phantom Stock Units financial
Deferred Compensation Plan for Outside Directors financial
2020 Incentive Compensation Plan financial
economic equivalent financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How many phantom stock units did FE director Steven J. Demetriou receive?
How are FE phantom stock units paid out?
AI-generated analysis. How Rhea-AI works. Not financial advice.