Welcome to our dedicated page for Firstenergy SEC filings (Ticker: FE), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
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. (NYSE: FE) filed an 8-K announcing revisions to its Long-Term Incentive Program (LTIP) covering the 2023-2025 and 2024-2026 award cycles. The Board, on Compensation Committee recommendation, has replaced the Operating EPS key performance indicator (KPI) with a Core EPS KPI for performance periods that have not yet closed. Core EPS, first disclosed with FY-2024 results, excludes special items, legacy coal-mine earnings and pension/OPEB credits, providing a metric focused on the four regulated operating segments (Distribution, Integrated, Stand-Alone Transmission and Corporate).
The change affects: (i) January 1-Dec 31 2025 of the 2023-2025 awards and (ii) January 1 2025-Dec 31 2026 of the 2024-2026 awards. There is no modification to the Relative Total Shareholder Return (35% weight). To temper upside risk, the payout on the EPS component is now capped at 100 % of target. Threshold and target dollar levels are unchanged, remaining at $7.32 / $7.76 for the 2023-2025 cycle and $7.44 / $7.88 for the 2024-2026 cycle.
Management (including the Chair/CEO, CFO and other NEOs) will have their incentive earnings potential aligned with the company’s external guidance framework, which since Q1-2025 no longer references Operating EPS. The move is framed as part of a broader strategy to give investors clearer insight into regulated-business performance and to harmonise internal pay metrics with external reporting.