FirstEnergy (NYSE: FE) director receives 898 phantom stock units award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hicks Lisa Winston reported acquisition or exercise transactions in this Form 4 filing.
FIRSTENERGY CORP director Lisa Winston Hicks reported a new grant of phantom stock units rather than an open-market trade. She received 898 phantom stock units on July 1, 2026 as quarterly director compensation under company incentive and deferred compensation plans.
Each phantom stock unit is the economic equivalent of one share of FirstEnergy common stock and is payable in cash or shares after her board service ends. Following this grant, she holds 19,371.7865 phantom stock units, 2,051 shares of common stock directly, and 500 shares indirectly through her spouse.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Hicks Lisa Winston
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Units | 898 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Phantom Stock Units — 19,371.787 shares (Direct, null);
Common Stock — 2,051 shares (Direct, null);
Common Stock — 500 shares (Indirect, By Spouse)
Footnotes (1)
- 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. 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.
Key Figures
Phantom stock units granted: 898 units
Total phantom stock units after grant: 19,371.7865 units
Direct common stock holdings: 2,051 shares
+3 more
6 metrics
Phantom stock units granted
898 units
Director compensation grant on July 1, 2026
Total phantom stock units after grant
19,371.7865 units
Balance following July 1, 2026 award
Direct common stock holdings
2,051 shares
Common stock held directly after reported transactions
Indirect common stock holdings (spouse)
500 shares
Common stock held indirectly through spouse
Transaction price per phantom unit
$0.00 per unit
Non-cash grant under director compensation plans
Underlying common stock for new units
898 shares
Each phantom unit economically equals one common share
Key Terms
Phantom Stock Units, Deferred Compensation Plan for Outside Directors, Incentive Compensation Plan, economic equivalent
4 terms
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"
Incentive Compensation Plan financial
"director compensation under the FirstEnergy Corp. 2020 Incentive Compensation Plan"
An incentive compensation plan is a formal program that rewards employees and executives with bonuses, stock, or other payments tied to specific performance goals—such as revenue, profit, productivity, or long‑term share price. Investors watch these plans because they shape how leaders make decisions and take risks; like paying a coach by wins rather than effort, well‑designed plans can drive sustainable growth while poor designs can encourage short‑term behaviors that harm shareholder value.
economic equivalent financial
"Each share of phantom stock is the economic equivalent of one share of common stock"
FAQ
What insider transaction did FirstEnergy (FE) director Lisa Winston Hicks report?
Lisa Winston Hicks reported receiving 898 phantom stock units as director compensation. These units were granted under FirstEnergy incentive and deferred compensation plans and represent a non-cash, equity-linked award tied economically to FirstEnergy common stock.
How many phantom stock units does Lisa Winston Hicks hold after this Form 4 for FirstEnergy (FE)?
After the reported grant, Lisa Winston Hicks holds 19,371.7865 phantom stock units. These units reflect quarterly director compensation and accrued dividends, all tied economically to FirstEnergy common stock performance over time.
What direct common stock holdings does Lisa Winston Hicks report in FirstEnergy (FE)?
Lisa Winston Hicks reports holding 2,051 shares of FirstEnergy common stock directly. This position is separate from her phantom stock units and represents actual common shares registered in her own name as disclosed in the Form 4.
What indirect FirstEnergy (FE) holdings are attributed to Lisa Winston Hicks through her spouse?
The filing shows 500 shares of FirstEnergy common stock held indirectly by her spouse. These shares are reported as indirect beneficial ownership, reflecting a family-related position separate from her directly owned shares and phantom stock units.
How do the phantom stock units granted to Lisa Winston Hicks for FirstEnergy (FE) work?
The phantom stock units are deferred director compensation credited quarterly and payable after service ends. Each unit equals one share of FirstEnergy common stock economically, with value and dividends tracking the stock until cash or share settlement.