STOCK TITAN

FE Director Transaction: 2,728.864 Shares Disposed, 925 Phantom Units Added

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Jana T. Croom, a director of FirstEnergy Corp. (FE), reported transactions affecting her beneficial ownership. She disposed of 2,728.864 shares of common stock and acquired 925 phantom stock units on 10/01/2025. The phantom units are awarded quarterly under the FirstEnergy Corp. 2020 Incentive Compensation Plan and deferred under the company’s Deferred Compensation Plan for Outside Directors; each phantom unit is the economic equivalent of one share and may be paid in cash or common stock after service ends. The filing shows 11,956.3581 phantom-equivalent shares owned following the transaction, which includes accrued dividends and dividend reinvestments. The form is signed by an attorney-in-fact on behalf of the reporting person.

Positive

  • 925 phantom stock units acquired as deferred director compensation under the 2020 Incentive Compensation Plan
  • 11,956.3581 phantom-equivalent shares held after the transaction, including accrued dividends, indicating continued long-term alignment

Negative

  • Disposition of 2,728.864 common shares on 10/01/2025, reducing immediate direct equity holdings
  • Phantom units payable in cash or stock means no current voting rights for those 925 units until paid

Insights

Director adjusted public holdings and increased deferred compensation exposure.

The filing records a disposition of 2,728.864 common shares and an acquisition of 925 phantom stock units on 10/01/2025. Phantom units are part of director pay and do not convey current voting rights but mirror economic exposure.

This change shifts part of the director’s compensation into deferred, phantom-equivalent holdings totaling 11,956.3581 after the transaction, reflecting continued alignment with shareholder value through deferred equity-linked pay.

Transaction reflects routine director compensation deferral and dividend accruals.

The 925 phantom units were granted/credited under the 2020 Incentive Compensation Plan and deferred under the Deferred Compensation Plan for Outside Directors; they are described as payable in cash or shares upon end of service.

The filing explicitly notes dividend reinvestments and accrued dividends are included, explaining the reported 11,956.3581 phantom-equivalent holdings. No exercise price applies to these units.

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).
1. Name and Address of Reporting Person*
Croom Jana T

(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)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
10/01/2025
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 2,728.864(1) D
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
Phantom Stock Units(2) (3) 10/01/2025 A 925 (4) (4) Common Stock 925 $0 11,956.3581(5) D
Explanation of Responses:
1. Includes shares acquired through dividend reinvestments.
2. Represents shares paid quarterly for director compensation under the FirstEnergy Corp. 2020 Incentive Compensation Plan and deferred pursuant to the FirstEnergy Corp. Deferred Compensation Plan for Outside Directors.
3. 1 for 1
4. This holding reflects phantom stock payable in cash or shares of FirstEnergy Corp. common stock following conclusion of service as a director, in accordance with the terms and conditions of the FirstEnergy Corp. Deferred Compensation Plan for Outside Directors. Each share of phantom stock is the economic equivalent of one share of common stock.
5. Includes dividends accrued on phantom stock units.
/s/ Mary M. Swann, attorney-in-fact 10/03/2025
** 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 did FirstEnergy director Jana T. Croom report on Form 4 (FE)?

She reported a disposition of 2,728.864 common shares and an acquisition of 925 phantom stock units on 10/01/2025.

What are the 925 phantom stock units listed in the Form 4 for FE?

They represent deferred director compensation under the FirstEnergy 2020 Incentive Compensation Plan, each unit being the economic equivalent of one common share and payable in cash or shares after service ends.

How many phantom-equivalent shares does the reporting person hold after the transaction?

The filing shows 11,956.3581 phantom-equivalent shares owned following the reported transaction, which includes accrued dividends.

When were these transactions executed?

The transaction date reported is 10/01/2025, and the Form 4 bears a signature date of 10/03/2025 by an attorney-in-fact.

Do the phantom stock units carry an exercise price or voting rights now?

The Form 4 shows a $0 price and explains phantom units are economic equivalents payable later; they do not convey current voting rights.
Firstenergy Corp

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26.90B
547.88M
0.17%
92.8%
4.22%
Utilities - Regulated Electric
Electric Services
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United States
AKRON