STOCK TITAN

FE Director Compensation: 925 Shares Added; 44,166.6672 Phantom Units

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

Rhea-AI Filing Summary

James F. O'Neil, a director of FirstEnergy Corp. (FE), reported acquiring 925 shares of common stock on 10/01/2025 at a price of $45.93 per share as director compensation under the company's 2020 Incentive Compensation Plan. After the transaction, he directly beneficially owned 8,870 shares; that total includes shares acquired through dividend reinvestment.

The filing also discloses 44,166.6672 phantom stock units tied 1-for-1 to common shares, payable in cash or stock after the conclusion of director service under the Deferred Compensation Plan; the phantom units include accrued dividends. The Form 4 was signed by an attorney-in-fact on behalf of the reporting person.

Positive

  • 925 shares acquired as director compensation, demonstrating alignment with shareholders
  • Share total of 8,870 includes dividend reinvestments, showing ongoing equity accumulation
  • Large deferred holding of 44,166.6672 phantom stock units ties long-term pay to company performance

Negative

  • None.

Insights

Director received compensation shares and holds significant phantom units.

This transaction shows routine director compensation: 925 shares were acquired at $45.93 under the 2020 Incentive Compensation Plan, increasing direct beneficial ownership to 8,870 shares. Such grants align director pay with shareholder value because they are equity-based.

The report also records 44,166.6672 phantom stock units that vest or are paid after service ends under the Deferred Compensation Plan; these are economic equivalents to common shares and can affect long-term alignment and dilution dynamics when settled in shares.

Compensation delivered via equity and phantom units; dividends are reinvested.

The filing clarifies that the 925 shares were paid quarterly as director compensation and that dividend reinvestments are included in the 8,870 share total. The phantom units include accrued dividends, indicating the plan preserves dividend economics until payout.

This structure—current equity plus deferred phantom units—combines immediate ownership with deferred pay tied to future service termination, consistent with common outside-director arrangements.

Insider ONEIL JAMES F
Role Director
Type Security Shares Price Value
Grant/Award Common Stock 925 $45.93 $42K
holding Phantom Stock Units -- -- --
Holdings After Transaction: Common Stock — 8,870 shares (Direct); Phantom Stock Units — 44,166.667 shares (Direct)
Footnotes (1)
  1. Represents shares paid quarterly for director compensation under the FirstEnergy Corp. 2020 Incentive Compensation Plan. Includes shares acquired through dividend reinvestments. 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.
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).
1. Name and Address of Reporting Person*
ONEIL JAMES F

(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)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
10/01/2025
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(1) 10/01/2025 A 925 A $45.93 8,870(2) 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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Phantom Stock Units (3) (4) (4) Common Stock 44,166.6672 44,166.6672(5) D
Explanation of Responses:
1. Represents shares paid quarterly for director compensation under the FirstEnergy Corp. 2020 Incentive Compensation Plan.
2. Includes shares acquired through dividend reinvestments.
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-fact 10/03/2025
** 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 transaction did FirstEnergy director James F. O'Neil report on Form 4 (FE)?

He reported acquiring 925 common shares on 10/01/2025 at $45.93 per share as director compensation.

How many shares does James F. O'Neil beneficially own after the reported transaction (FE)?

The filing shows he beneficially owned 8,870 shares following the reported transaction, including dividend reinvestments.

What are the phantom stock units disclosed in the Form 4 for FE?

The filing discloses 44,166.6672 phantom stock units, each equivalent to one common share and payable in cash or stock after service ends.

Were dividends reflected in the holdings reported on the FE Form 4?

Yes. The 8,870 share total includes shares from dividend reinvestment, and the phantom units include accrued dividends.

Who signed the Form 4 for James F. O'Neil (FE) and when was it filed?

The Form 4 was signed by Mary M. Swann, attorney-in-fact and dated 10/03/2025.