FirstEnergy (NYSE: FE) director receives 898-share stock award at $47.30
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SOMERHALDER JOHN W II reported acquisition or exercise transactions in this Form 4 filing.
FIRSTENERGY CORP director John W. Somerhalder II received 898 shares of common stock as a grant. The shares were awarded at $47.30 per share and are described as quarterly payments under the FirstEnergy Corp. 2020 Incentive Compensation Plan, indicating compensation rather than an open-market purchase.
After this award, Somerhalder owns 161,021.599 shares directly. He also has an estimated 763.9716 shares held indirectly through the company’s 401(k) Savings Plan unitized stock fund as of June 30, 2026, which includes dividend reinvestments and company match features.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
SOMERHALDER JOHN W II
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 898 | $47.30 | $42K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 161,021.599 shares (Direct);
Common Stock — 763.972 shares (Indirect, By Savings Plan)
Footnotes (1)
- Represents shares paid quarterly under the FirstEnergy Corp. 2020 Incentive Compensation Plan. Balance includes shares acquired through dividend reinvestments. 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 and allocated to the reporting person's account as of June 30, 2026.
Key Figures
Shares granted: 898 shares
Grant price per share: $47.30 per share
Direct holdings after grant: 161,021.599 shares
+1 more
4 metrics
Shares granted
898 shares
Common stock grant to director on July 1, 2026
Grant price per share
$47.30 per share
Value used for compensation share award
Direct holdings after grant
161,021.599 shares
Common stock directly owned following the transaction
Indirect 401(k) holdings
763.9716 shares
Estimated common stock units in 401(k) as of June 30, 2026
Key Terms
FirstEnergy Corp. 2020 Incentive Compensation Plan, dividend reinvestments, unitized fund, 401(k) Savings Plan
4 terms
FirstEnergy Corp. 2020 Incentive Compensation Plan financial
"Represents shares paid quarterly under the FirstEnergy Corp. 2020 Incentive Compensation Plan."
dividend reinvestments financial
"Balance includes shares acquired through dividend reinvestments."
unitized fund financial
"The Company's 401(k) Savings Plan includes a unitized fund invested in shares of common stock of the Company"
401(k) Savings Plan financial
"The Company's 401(k) Savings Plan includes a unitized fund invested in shares of common stock of the Company"
A 401(k) savings plan is an employer-sponsored retirement account that lets employees set aside a portion of their paycheck on a tax-advantaged basis, often with employer matching contributions that act like free additional savings. It matters to investors because matching, tax-deferred growth and investment choices can significantly boost long-term wealth—while plan rules or heavy concentration in a single company’s stock can increase an employee’s financial exposure to that company.
FAQ
What did FE director John W. Somerhalder II report on this Form 4?
John W. Somerhalder II reported receiving 898 shares of FIRSTENERGY CORP common stock as a grant. The award was recorded at $47.30 per share and represents quarterly compensation rather than an open-market stock purchase.
What are John W. Somerhalder II’s FE holdings after the reported grant?
After the grant, he holds 161,021.599 shares of FIRSTENERGY CORP common stock directly. In addition, an estimated 763.9716 shares are held indirectly through the company’s 401(k) Savings Plan unitized stock fund allocated to his account.
Is the FE Form 4 transaction an open-market buy or a compensation award?
The Form 4 transaction is a compensation award, not an open-market buy. The 898 shares of FIRSTENERGY CORP common stock were granted under the FirstEnergy Corp. 2020 Incentive Compensation Plan as part of quarterly compensation to the director.