Performance RSUs certified for FirstEnergy (NYSE: FE) CEO Brian Tierney
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
FirstEnergy Corp. Chairman, President and CEO Brian X. Tierney reported an acquisition of 227,592.972 performance-adjusted restricted stock units (RSUs) on February 11, 2026. These RSUs were originally granted on June 1, 2023 and their performance goals were certified by the board on that date.
The RSUs are scheduled to vest on March 1, 2026, generally contingent on Tierney’s continued service, and will be settled two-thirds in FirstEnergy common stock and one-third in cash. After the reported transactions, he beneficially owns 371,300.183 shares of common stock directly and an estimated 846.277 shares indirectly through the company’s 401(k) savings plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
TIERNEY BRIAN X
Role
Chairman, President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | RSU | 227,592.972 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
RSU — 227,592.972 shares (Direct);
Common Stock — 371,300.183 shares (Direct);
Common Stock — 846.277 shares (Indirect, By Savings Plan)
Footnotes (1)
- Balance has been updated since the reporting person's last filed Form 4 to include shares acquired through dividend reinvestments. FirstEnergy Corp.'s ("The Company") 401(k) Savings Plan ("401(k) 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) 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 January 31, 2026. Represents performance-adjusted restricted stock units ("RSUs") granted on June 1, 2023, each of which represents a contingent right to receive an award payable 2/3 in Company common stock and 1/3 in cash following the vesting date. This Form 4 is being filed to report the satisfaction of the performance goals for the RSUs, as certified by the Company's Board of Directors on February 11, 2026. As a result, these RSUs will vest on March 1, 2026, generally subject to the reporting person's continued service.
FAQ
What insider transaction did FirstEnergy (FE) report for Brian Tierney?
FirstEnergy reported that CEO Brian X. Tierney acquired 227,592.972 performance-adjusted RSUs on February 11, 2026. These units relate to a June 1, 2023 grant whose performance goals were certified by the board, triggering future vesting in stock and cash.
When will Brian Tierney’s new RSUs at FirstEnergy (FE) vest?
The performance-adjusted RSUs are scheduled to vest on March 1, 2026, subject to continued service. Upon vesting, the award will be paid two-thirds in FirstEnergy common stock and one-third in cash, reflecting satisfaction of previously set performance goals.
What are the terms of Brian Tierney’s performance-adjusted RSUs at FirstEnergy (FE)?
The RSUs were granted June 1, 2023 and are performance-adjusted units tied to company goals. Each unit represents a contingent right to an award payable two-thirds in common stock and one-third in cash, following vesting and subject to continued service requirements.