FirstEnergy Corp. filings document financial results, utility regulation, governance and compensation matters for an Ohio-incorporated electric utility holding company.
Recent Form 8-K reports furnish quarterly and annual results, GAAP and non-GAAP measures, core earnings guidance, segment performance and Regulation FD updates. Other filings address Public Utilities Commission of Ohio orders involving Ohio Edison, The Cleveland Electric Illuminating Company and The Toledo Edison Company, including base rate and audit matters. Proxy and governance disclosures cover board elections, director changes, executive severance plans, restricted stock unit award forms and executive compensation.
FirstEnergy Corp. entered into a Fifth Amended and Restated Limited Liability Company Agreement for FirstEnergy Transmission, LLC, updating how its existing governance framework applies to two new transmission joint ventures called “Valley Link” and “Grid Growth.” The changes add detailed joint venture governance sections and schedules, extend existing consent, information and reporting provisions to the ventures, and remove obsolete clauses, while keeping ownership percentages, board structure, investor thresholds and deadlock mechanics unchanged.
FirstEnergy also held its Annual Meeting of Shareholders on May 20, 2026. All director nominees were elected, the appointment of PricewaterhouseCoopers LLP as independent auditor for 2026 was ratified with over 514 million votes in favor, and executive compensation was approved on an advisory basis. A shareholder proposal calling for an independent board chair received about 161 million votes for and 330 million against, and therefore was not approved.
FirstEnergy Corp Schedule 13G shows Vanguard Capital Management beneficially owns 40,323,599 shares of Common Stock, equal to 6.98% of the class as of 03/31/2026. The filing reports sole voting power for 5,597,518 shares and sole dispositive power for 40,323,599 shares, and notes ownership reflects holdings across Vanguard affiliates and managed funds.
FirstEnergy Corp. reported stronger quarterly results, with total revenues of $4,202 million for the three months ended March 31, 2026, up from $3,765 million a year earlier. Earnings attributable to FirstEnergy rose to $405 million, and diluted earnings per share increased to $0.70 from $0.62, reflecting higher operating income and contributions from transmission and distribution.
Total assets reached $56,917 million, while long-term debt and other long-term obligations were $26,331 million. Operating cash flow was $148 million, constrained by working capital movements and Ohio customer restitution payments, against capital investments of $1,255 million as the company continued to fund large infrastructure programs.
Jersey Central Power & Light Company, wholly owned by FirstEnergy, generated revenues of $666 million and net income of $66 million. JCP&L’s total assets stood at $11,444 million, with continued investment in its New Jersey transmission and distribution network.
FirstEnergy Corp. reported stronger results for the first quarter of 2026, with GAAP earnings of $405 million, or $0.70 per share, on revenue of $4.2 billion, up from $360 million, or $0.62 per share, on $3.8 billion a year earlier. Core Earnings (non-GAAP) rose to $0.72 per share, a 7.5% increase from $0.67.
The company invested nearly $1.4 billion in customer-focused capital in the quarter and reaffirmed its 2026 Core EPS guidance of $2.62–$2.82 per share. It also maintained its plan for $6 billion of capital spending in 2026 and a $36 billion Energize365 investment program for 2026–2030, which is expected to support about 10% annual rate base growth and a consolidated return on equity of 9.8% on a trailing 12‑month basis.
Williams Melvin D. reported acquisition or exercise transactions in this Form 4 filing.
FIRSTENERGY CORP director Melvin D. Williams reported a compensation-related grant of 837 Phantom Stock Units on April 1, 2026. Each phantom unit is economically equivalent to one share of common stock and is paid under the FirstEnergy Corp. 2020 Incentive Compensation Plan, then deferred into the Deferred Compensation Plan for Outside Directors.
Following this grant, Williams holds 18,290.4465 phantom stock units, which are payable in cash or common shares after his board service ends, and 2,892.415 shares of common stock held directly, including shares and phantom units with dividends reinvested or accrued.
FIRSTENERGY CORP director Leslie M. Turner reported a routine equity-based compensation grant. On April 1, 2026, Turner acquired 837 Phantom Stock Units as quarterly director compensation under the FirstEnergy Corp. 2020 Incentive Compensation Plan. Each phantom unit is economically equivalent to one share of common stock and is payable in cash or FirstEnergy common shares after service as a director ends, under the Deferred Compensation Plan for Outside Directors. Following this grant, Turner holds 24,710.2689 Phantom Stock Units and 8,477 shares of FirstEnergy common stock directly.
FIRSTENERGY CORP director John W. Somerhalder II received a grant of 837 shares of common stock, paid quarterly under the FirstEnergy Corp. 2020 Incentive Compensation Plan, at a reference price of $50.73 per share.
Following this award, he directly holds 160,097.504 shares of common stock, including shares acquired through dividend reinvestments. He also has an estimated 756.146 shares held indirectly through the company’s 401(k) Savings Plan unitized stock fund as of March 31, 2026.
FIRSTENERGY CORP director James F. O'Neil received 837 Phantom Stock Units on April 1, 2026 as a grant under the company's 2020 Incentive Compensation Plan. These units are part of quarterly director compensation and carry no exercise price.
The Phantom Stock Units are payable in cash or shares of FirstEnergy common stock after Mr. O'Neil’s service as a director ends, and each unit is the economic equivalent of one common share. After this award, he holds 45,814.8266 Phantom Stock Units and 1,869 shares of common stock directly.
KALETA PAUL J reported acquisition or exercise transactions in this Form 4 filing.
FIRSTENERGY CORP director Paul J. Kaleta received a grant of 837 Phantom Stock Units on April 1, 2026 as compensation under the FirstEnergy Corp. 2020 Incentive Compensation Plan and deferred into the Deferred Compensation Plan for Outside Directors.
Following this grant, Kaleta holds 18,290.4465 Phantom Stock Units, each described as the economic equivalent of one share of common stock and payable in cash or FirstEnergy common shares after his board service ends, and he also holds 2,051 shares of common stock directly.
Hicks Lisa Winston reported acquisition or exercise transactions in this Form 4 filing.
FIRSTENERGY CORP director Lisa Winston Hicks received 837 phantom stock units as a grant of director compensation. These units were awarded under the FirstEnergy Corp. 2020 Incentive Compensation Plan and deferred into the Deferred Compensation Plan for Outside Directors, where each phantom unit is economically equivalent to one share of common stock.
After this award, Hicks holds 18,290.4465 phantom stock units, which are payable in cash or FirstEnergy common shares following the end of her board service. She also holds 2,051 shares of common stock directly and 500 shares indirectly through her spouse. The filing shows no open-market purchases or sales, only compensation-related accruals and updated holdings.