FirstEnergy CEO shares withheld for tax vesting
FirstEnergy Corp Chairman, President and CEO Brian Tierney reported a routine tax-withholding share disposition tied to restricted stock vesting.
Rhea-AI Filing Summary
FirstEnergy Corp Chairman, President and CEO Brian Tierney reported a routine tax-withholding share disposition tied to restricted stock vesting. On June 1, 2026, 16,991 shares of common stock were withheld at $45.898 per share to satisfy his tax obligation on the vesting of 38,095 shares of restricted common stock granted under a June 1, 2023 award agreement.
After this withholding, Tierney directly holds 523,810.372 shares of FirstEnergy common stock. He also has an estimated 938.399 shares held indirectly through the Company’s 401(k) Savings Plan unitized stock fund, which includes dividend reinvestment and company match features.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 16,991 | $45.898 | $780K |
| holding | Common Stock | -- | -- | -- |
Footnotes (3)
- F1. This Form 4 is being filed to report the number of shares withheld to satisfy the reporting person's tax withholding obligation upon the vesting of 38,095 shares of restricted common stock granted pursuant to the terms of the Restricted Stock Award Agreement, dated June 1, 2023, between FirstEnergy Corp. (the "Company") and the reporting person.
- F2. Balance has been updated since the reporting person's last filed Form 4 to include shares acquired through dividend reinvestments.
- F3. 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 May 31, 2026.
Key Figures
Key Terms
tax withholding obligation financial
restricted common stock financial
Restricted Stock Award Agreement financial
dividend reinvestments financial
unitized fund financial
401(k) Savings Plan financial
FAQ
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