STOCK TITAN

FirstEnergy (FE) COO granted 23,945.741 performance RSUs and updates holdings

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Thomas Toby L.

(Last) (First) (Middle)
341 WHITE POND DRIVE

(Street)
AKRON OH 44320

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
FIRSTENERGY CORP [ FE ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Operating Officer
3. Date of Earliest Transaction (Month/Day/Year)
02/11/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 25,780.103(1) D
Common Stock 525.908(2) I By Savings Plan
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
RSU (3) 02/11/2026 A 23,945.741 (3) (3) Common Stock 23,945.741 $0 23,945.741 D
Phantom 3/25D (4) (4) (4) Common Stock 11,057.406 11,057.406 D
Explanation of Responses:
1. Balance has been updated since the reporting person's last filed Form 4 to include shares acquired through dividend reinvestments.
2. 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.
3. 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.
4. 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.
/s/ Mary M. Swann, attorney-in-fact 02/13/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

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.

How many FirstEnergy (FE) common shares does the COO own after this filing?

After the reported transactions, the COO directly owns 25,780.103 shares of FirstEnergy common stock. He also has an estimated 525.908 additional shares indirectly through the company’s 401(k) savings plan, reflecting holdings in a unitized stock fund with dividend reinvestment and company match features.

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.

How were FirstEnergy (FE) 401(k) plan shares treated in this Form 4?

The Form 4 reports 525.908 shares indirectly held through FirstEnergy’s 401(k) savings plan. This figure is an estimate of the COO’s interest in a unitized fund invested in company stock, including dividend reinvestments and company match allocations as of January 31, 2026.
Firstenergy Corp

NYSE:FE

FE Rankings

FE Latest News

FE Latest SEC Filings

FE Stock Data

28.94B
547.88M
0.17%
92.8%
4.22%
Utilities - Regulated Electric
Electric Services
Link
United States
AKRON