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.
Turner Leslie M, an outside director of FirstEnergy Corp. (FE), reported the purchase of 925 shares of FirstEnergy common stock on 10/01/2025 at a price of $45.93 per share, bringing his direct beneficial ownership to 7,533 shares. The filing also discloses 23,442.4533 phantom stock units held directly, each convertible 1-for-1 into common stock and payable in cash or shares after conclusion of director service; the phantom units include accrued dividends. The Form 4 was signed by an attorney-in-fact on 10/03/2025.
John W. Somerhalder II, a Director of FirstEnergy Corp. (FE), acquired 925 shares of the company’s common stock on 10/01/2025 at a reported price of $45.93 per share under the 2020 Incentive Compensation Plan. Following that transaction, the filing reports total beneficial ownership of 158,128.69 shares, which the filer notes includes shares from dividend reinvestment. Separately, the report discloses an estimated 742.7798 shares held indirectly in the company 401(k) unitized stock fund as of 9/30/2025, reflecting dividend reinvestment and company match features. The Form 4 was signed by an attorney-in-fact on 10/03/2025.
James F. O'Neil, a director of FirstEnergy Corp. (FE), reported acquiring 925 shares of common stock on 10/01/2025 at a price of $45.93 per share as director compensation under the company's 2020 Incentive Compensation Plan. After the transaction, he directly beneficially owned 8,870 shares; that total includes shares acquired through dividend reinvestment.
The filing also discloses 44,166.6672 phantom stock units tied 1-for-1 to common shares, payable in cash or stock after the conclusion of director service under the Deferred Compensation Plan; the phantom units include accrued dividends. The Form 4 was signed by an attorney-in-fact on behalf of the reporting person.
Paul J. Kaleta, an outside director of FirstEnergy Corp. (FE), reported transactions dated 10/01/2025. The filing shows a disposition of 2,051 shares of FirstEnergy common stock and an acquisition of 925 phantom stock units under the company’s 2020 Incentive Compensation Plan, with those phantom units recorded as the economic equivalent of common shares. The report states that phantom stock is paid quarterly and deferred under the FirstEnergy Deferred Compensation Plan for Outside Directors and is payable in cash or shares at the end of director service. The filing records 16,203.6424 phantom stock units beneficially owned following the transaction and is signed by an attorney-in-fact on 10/03/2025.
Lisa Winston Hicks, a director of FirstEnergy Corp. (FE), reported multiple transactions on a Form 4 with a transaction date of 10/01/2025. The filing shows 925 phantom stock units were acquired as compensation under FirstEnergy’s outside director plans; these phantom units are payable in cash or shares after her service ends and include accrued dividends. The filing also reports a disposition of 2,051 common shares and an indirect acquisition of 500 common shares reported as held by a spouse.
The phantom units are recorded at a $0 conversion price and the report shows a total of 16,203.6694 phantom stock units beneficially owned following the transaction. The Form 4 was signed by an attorney-in-fact on behalf of the reporting person on 10/03/2025. Explanatory notes state these movements reflect routine director compensation deferrals under the company’s 2020 Incentive Compensation Plan and the Deferred Compensation Plan for Outside Directors.
Steven J. Demetriou, a director of FirstEnergy Corp. (FE), reported transactions dated 10/01/2025 on a Form 4. The filing shows a disposition of 12,431 shares of common stock (Transaction Code V) and the acquisition of 925 phantom stock units under the companys director compensation and deferred compensation plans. The filing explains these phantom units represent an economic equivalent of common stock and are payable in cash or shares following conclusion of director service. After the reported derivative transaction the filing shows beneficial ownership of 26,880.5667 common-share equivalents, which includes accrued dividends on phantom stock units.
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.
FirstEnergy Corp. amended and restated its Executive Severance Benefits Plan and 2017 Change in Control Severance Plan and adopted new forms of time-based and performance-based restricted stock unit award agreements, effective January 1, 2026. The Executive Severance Plan now includes the CEO and replaces a service-based cash formula for most senior roles with fixed multiples: 1.5x base salary for the CEO, officers, and Executive Council; 1x for Tier 3 (Presidents/Vice Presidents); and a service-based formula for Tier 4. Participants may keep the prior formula if it yields a larger payment as of December 31, 2025. COBRA premium waivers of up to 18 months are added. The Change in Control Plan retains prior benefits generally, but the CEO’s cash severance becomes 2.99x of base salary plus target STIP. New RSU agreements provide full vesting on Change in Control for time-based RSUs (unless replaced) and target vesting for performance RSUs (unless replaced). Exhibits with full texts are attached to the filing.
Blackstone-affiliated entities amended their Schedule 13D to report updated holdings in FirstEnergy Corp. (FE). Collectively the reporting persons hold 28,832,099 shares, which the amendment states represents 4.99% of the 577,403,931 shares outstanding used for calculation. BIP Securities II-B directly holds 25,096,082 shares and BIP-V Securities holds 3,736,017 shares; Stephen A. Schwarzman is recorded as holding 2,743 shares. The amendment explains the percentage fell below 5% solely due to the issuer issuing additional common stock, and notes no transactions in the past 60 days by the reporting persons.
Capital World Investors reports beneficial ownership of 78,489,719 shares of FirstEnergy, representing 13.6% of the approximately 577,126,184 shares believed to be outstanding. The filing states CWI holds sole voting power for 78,047,052 shares and sole dispositive power for 78,489,719. CWI is described as a division of Capital Research and Management Company and related investment management entities organized in Delaware.
The statement clarifies these shares are held in the ordinary course of business and were not acquired for the purpose of changing or influencing control of the issuer. This disclosure is material because it documents a large institutional stake and the specific allocation of voting and dispositive authority while disclaiming any intent to alter control.