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’s Chief Operating Officer, Toby L. Thomas, reported multiple equity-related transactions tied to vesting awards and deferred compensation, not open‑market trading. Performance-adjusted restricted stock units converted one-for-one into common shares, with 24,155.778 shares delivered and 11,681 new common shares granted as an additional award.
To cover tax obligations on the vesting, 1,540 shares of common stock were automatically withheld, and additional shares were surrendered back to the company. Separately, 13,658 share-based RSUs were deferred into an equal number of phantom stock units under a deferred compensation plan, which will be settled in common stock upon death, disability, or termination. Thomas also reports an estimated 696.197 common shares held indirectly through the company’s 401(k) savings plan.
FirstEnergy Corp Chairman, President and CEO Brian Tierney reported multiple equity compensation transactions involving company stock. On March 1, 2026, performance-adjusted restricted stock units converted into 229,580.554 shares of common stock on a one-for-one basis under the 2020 Incentive Compensation Plan. To cover tax obligations on the share-based RSU vesting, 68,362 shares were automatically withheld at $50.97 per share, and additional shares were disposed of back to the company. Tierney also received a grant of 80,342 time-based restricted stock units that will vest in full on March 1, 2029. Following these transactions, he held 538,135.084 shares directly, plus an estimated 930.435 shares indirectly through the company’s 401(k) Savings Plan.
FirstEnergy Corp SVP, CFO and Strategy K. Jon Taylor reported multiple equity award transactions on March 1, 2026. Performance-adjusted restricted stock units converted into 66,927.69 shares of common stock on a one-for-one basis under the 2020 Incentive Compensation Plan, with related cash-settled units paid separately.
To cover tax obligations from these vestings and a prior restricted stock grant, shares of common stock were disposed of back to the company and withheld. Taylor also received a new grant of 23,210 shares of common stock and 22,344 shares of phantom stock, while his 401(k) plan continues to hold an estimated 5,893.147 shares indirectly.
FirstEnergy Corp executive Allan Wade Smith, President, FE Utilities, reported several equity transactions on March 1, 2026 related mainly to restricted stock units (RSUs). A block of 34,213.477 RSUs was exercised and converted into common stock on a one-for-one basis under the 2020 Incentive Compensation Plan, following certification and vesting of performance-adjusted RSUs.
Smith also acquired 15,321 shares of common stock in a grant or award. To cover tax obligations tied to the RSU vesting, 10,194 shares of common stock were withheld at a price of $50.970 per share, and a further 11,358.477 shares were disposed of to the issuer. After these transactions, Smith directly held 133,644.129 shares of common stock and indirectly held an estimated 743.778 shares through the Company’s 401(k) Savings Plan unitized stock fund as of February 28, 2026.
FirstEnergy Corp SVP & CLO Hyun Park reported multiple equity compensation transactions. On March 1, 2026, 38,656.121 RSUs converted into an equal number of common shares after performance goals were certified and service conditions were met. Park also received a new grant of 13,941 time-based RSUs under the 2020 Incentive Compensation Plan that will vest on March 1, 2029. To cover tax obligations tied to the vested share-based RSUs, 11,494 shares of common stock were withheld, and an additional 12,885.121 shares were disposed of to the company. Following these transactions, Park directly held 112,626.657 common shares, plus indirect holdings through a 401(k) savings plan and the Park Family Trust.
FirstEnergy Corp vice president, controller and chief accounting officer Jason Lisowski reported several equity-related transactions. On March 1, 2026, performance‑adjusted restricted stock units (RSUs) vested after the board certified performance goals on February 11, 2026, and the RSUs converted into common stock on a one‑for‑one basis under the 2020 Incentive Compensation Plan. A portion of the resulting common shares, totaling 2,183 shares at $50.97 per share, was withheld to cover tax obligations, and an additional 2,438.171 shares at $50.97 per share was disposed of to the company. He also received a grant of 3,034 time‑based RSUs that will vest in full on March 1, 2029. On March 2, 2026, 7,402.171 RSUs converted into an equal number of common shares, bringing his directly held common stock to 14,797.480 shares. The filing also notes an estimated 1,362.295 shares held indirectly through the company’s 401(k) savings plan as of February 28, 2026.
FirstEnergy Corp. and Jersey Central Power & Light Company filed an annual report detailing their large regulated electricity businesses across Ohio, Pennsylvania, West Virginia, Maryland, New Jersey and New York, serving over six million customers through extensive distribution and high-voltage transmission networks.
The report highlights three main FirstEnergy segments: Distribution with a $11.1 billion rate base, Integrated (including JCP&L, MP and PE) with a $10.2 billion rate base and 3,610 MW of regulated generation, and Stand‑Alone Transmission with a $5.4 billion rate base. JCP&L’s own distribution and transmission rate base totals $5.1 billion.
Management outlines major growth plans, including approximately $3 billion of PJM‑awarded Valley Link projects with about $1 billion attributable to FET, and a separate PJM project for Grid Growth estimated at about $1 billion, with FET’s share around $448 million. The filing also discusses an Energize365 investment program, a $36 billion 2026‑2030 capital plan, and risks from data‑center‑driven load growth, evolving federal and state regulation, supply‑chain pressures, cyber threats and weather events. It further notes completion of key obligations under a Deferred Prosecution Agreement and ongoing securities class‑action litigation tied to prior HB 6 matters.
FirstEnergy Corp. reported solid 2025 results and laid out a larger long-term growth plan. The company earned GAAP net income of $1.02 billion, or $1.77 per basic share, on $15.1 billion of revenue. Core Earnings (non‑GAAP) were $2.55 per share, up from $2.37 in 2024, at the top of its increased guidance range.
The board raised total 2025 dividends to $1.78 per share, and management affirmed 2026 Core Earnings guidance of $2.62 to $2.82 per share. FirstEnergy announced a 2026‑2030 capital plan of $36 billion, including $19 billion for transmission, targeting about 10% annual rate base growth and Core EPS growth near the high end of 6‑8%.
FirstEnergy Corp. Chairman, President and CEO Brian X. Tierney reported an acquisition of 227,592.972 performance-adjusted restricted stock units (RSUs) on February 11, 2026. These RSUs were originally granted on June 1, 2023 and their performance goals were certified by the board on that date.
The RSUs are scheduled to vest on March 1, 2026, generally contingent on Tierney’s continued service, and will be settled two-thirds in FirstEnergy common stock and one-third in cash. After the reported transactions, he beneficially owns 371,300.183 shares of common stock directly and an estimated 846.277 shares indirectly through the company’s 401(k) savings plan.
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.