FirstEnergy (FE) CFO trims stake with 26,800-share open-market sale
Rhea-AI Filing Summary
FIRSTENERGY CORP senior vice president, CFO and strategy officer K. Jon Taylor reported an open-market sale of common stock. On March 10, 2026, he sold 26,800 shares at a weighted average price of $50.943 per share, in multiple trades priced between $50.925 and $50.955.
After this sale, Taylor directly owns 119,552.374 shares of FirstEnergy common stock. He also has an estimated 5,893.147 shares held indirectly through the company’s 401(k) Savings Plan, allocated to his account as of February 28, 2026.
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Insights
CFO executes an open-market sale while retaining a substantial equity stake.
FirstEnergy’s CFO, K. Jon Taylor, sold 26,800 shares of common stock in the open market at a weighted average price of $50.943 per share, with individual trades between $50.925 and $50.955. This is a straightforward cash sale, not tied to option exercises.
Following the transaction, he still holds 119,552.374 shares directly plus an estimated 5,893.147 shares indirectly through the company’s 401(k) Savings Plan as of February 28, 2026. The filing shows no derivative positions, so the visible exposure is entirely in common stock, suggesting this was a partial, routine reduction rather than an exit.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 26,800 | $50.943 | $1.37M |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $50.925 to $50.955, inclusive. The reporting person undertakes to provide to FirstEnergy Corp. (the "Company"), any security holder of the Company., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote. The Company's 401(k) Savings Plan includes a unitized fund invested in shares of common stock of the Company, in which the reporting person may invest, and includes dividend reinvestment and company match features. The number of shares reported as indirectly held in the 401(K) Savings Plan in this row is an estimate of the number of shares of the Company's common stock held in the unitized stock fund since the reporting person's last filed Form 4 and as allocated to the reporting person's account as of February 28, 2026.