FirstEnergy (FE) SVP & CLO awarded 38,321 performance-based RSUs
Rhea-AI Filing Summary
FirstEnergy Corp senior executive receives performance-based RSUs. FirstEnergy Corp’s SVP & CLO, Park Hyun, reported an acquisition of 38,321.003 performance‑adjusted restricted stock units (RSUs) on February 11, 2026 at a price of $0 per unit. These RSUs were originally granted on March 1, 2023.
The RSUs will vest on March 1, 2026, generally contingent on continued service, after the Company’s board certified that the performance goals were satisfied on February 11, 2026. Each RSU represents a right to an award payable two‑thirds in FirstEnergy common stock and one‑third in cash.
After the reported transactions, Park beneficially owned 38,321.003 RSUs directly, 84,252.35 shares of common stock directly, an estimated 1,311.917 shares through the Company’s 401(k) savings plan as of January 31, 2026, and 5 shares held indirectly by the Park Family Trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | RSU | 38,321.003 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Balance updated to include dividends accrued on time-based equity awards. FirstEnergy Corp.'s (the "Company") 401(k) Savings Plan includes a unitized fund invested shares of common stock of the Company stock, 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 January 31, 2026. Represents performance-adjusted restricted stock units ("RSUs") awarded on March 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.