FirstEnergy (FE) COO granted 23,945.741 performance RSUs and updates holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
FirstEnergy Corp.’s Chief Operating Officer Thomas Toby L. reported an acquisition of 23,945.741 performance-adjusted restricted stock units (RSUs) on February 11, 2026. These RSUs were originally granted on November 30, 2023 and will vest on March 1, 2026, subject to continued service.
Each RSU represents a contingent award payable two-thirds in FirstEnergy common stock and one-third in cash once vested. Following this filing, Toby directly holds 25,780.103 shares of common stock, plus an estimated 525.908 shares indirectly through the company’s 401(k) savings plan and 11,057.406 phantom stock units settled in cash at retirement or termination.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Thomas Toby L.
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | RSU | 23,945.741 | $0.00 | -- |
| holding | Phantom 3/25D | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
RSU — 23,945.741 shares (Direct);
Phantom 3/25D — 11,057.406 shares (Direct);
Common Stock — 25,780.103 shares (Direct);
Common Stock — 525.908 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 November 30, 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. Each share of phantom stock is the economic equivalent of one share of common stock and is settled in cash. The shares of phantom stock are payable upon the reporting person's retirement or termination of employment under the FirstEnergy Corp. Amended and Restated Executive Deferred Compensation Plan.
FAQ
What insider transaction did FirstEnergy (FE) report for its COO?
FirstEnergy’s Chief Operating Officer Thomas Toby L. reported acquiring 23,945.741 performance-adjusted RSUs on February 11, 2026. These units stem from a November 30, 2023 grant and reflect certified performance goals, vesting on March 1, 2026, subject to his continued service with the company.
How many RSUs did the FirstEnergy (FE) COO acquire in this Form 4?
The COO acquired 23,945.741 performance-adjusted restricted stock units at a stated price of $0 per unit. Each RSU represents a contingent right to a payout made two-thirds in FirstEnergy common stock and one-third in cash after vesting on March 1, 2026.
When will the newly reported RSUs for FirstEnergy (FE)’s COO vest?
The reported performance-adjusted RSUs will vest on March 1, 2026. Vesting follows satisfaction of performance goals certified by the Board of Directors on February 11, 2026 and remains generally contingent on the COO’s continued service with FirstEnergy until that vesting date.
What are the phantom stock holdings reported in this FirstEnergy (FE) Form 4?
The filing shows 11,057.406 phantom stock units held directly by the COO. Each phantom share is economically equivalent to one FirstEnergy common share but is settled in cash, payable upon retirement or termination under the Amended and Restated Executive Deferred Compensation Plan.