Lisowski Jason 4
4 · FIRSTENERGY CORP · Filed Feb 13, 2026
Research Summary
AI-generated summary of this filing
FirstEnergy VP Jason Lisowski Receives 7,337.544-Share Award
What Happened
Jason Lisowski, Vice President, Controller & Chief Accounting Officer of FirstEnergy Corp. (FE), was awarded 7,337.544 performance-adjusted restricted stock units (RSUs) on 2026-02-11, reported as an acquisition at $0.00 (derivative). The company’s Board certified the applicable performance goals on February 11, 2026; these RSUs are scheduled to vest on March 1, 2026 and will be paid 2/3 in Company common stock and 1/3 in cash, generally subject to continued service.
Key Details
- Transaction date: 2026-02-11; grant/award reported as acquisition (code A).
- Amount: 7,337.544 RSU units; reported price $0.00 (award/derivative).
- Vesting/payable: Vest on March 1, 2026; payout structure 2/3 stock, 1/3 cash (see F3).
- Filing date: 2026-02-13 — appears timely (Form 4 is typically due within two business days).
- Holdings note: Balance in the filing was updated to reflect dividend reinvestments and 401(k) unitized stock fund allocations (F1, F2).
- Other compensation notes: Filing references phantom stock under the deferred compensation plan, including dividend reinvested phantom shares (F4, F5).
- Nature of transaction: This is an award/vesting event (derivative grant), not an open-market buy or sale.
Context
Performance-adjusted RSUs are contingent awards that convert to stock and cash upon satisfaction of performance goals and vesting; they are standard executive compensation and should not be interpreted as a market buy or sell by the insider. Purchases (open-market buys) are typically more direct signals of insider conviction; awards mainly reflect pay practices and achievement of performance targets.
Insider Transaction Report
- Award
RSU
[F3]2026-02-11+7,337.544→ 7,337.544 total→ Common Stock (7,337.544 underlying)
- 4,327.296
Common Stock
[F1] - 1,198.87(indirect: By Savings Plan)
Common Stock
[F2] - 17.016
Phantom 3/12D
[F4][F5]→ Common Stock (17.016 underlying) - 69.112
Phantom 3/14D
[F4][F5]→ Common Stock (69.112 underlying) - 18.764
Phantom 3/15D
[F4][F5]→ Common Stock (18.764 underlying) - 120.301
Phantom 3/16D
[F4][F5]→ Common Stock (120.301 underlying) - 259.231
Phantom 3/18D
[F4][F5]→ Common Stock (259.231 underlying) - 5,441.206
Phantom 3/19D
[F4][F5]→ Common Stock (5,441.206 underlying) - 5,722.836
Phantom 3/20D
[F4][F5]→ Common Stock (5,722.836 underlying) - 11,945.975
Phantom 3/21D
[F4][F5]→ Common Stock (11,945.975 underlying) - 6,737.647
Phantom 3/22D
[F4][F5]→ Common Stock (6,737.647 underlying)
Footnotes (5)
- [F1]Balance has been updated since the reporting person's last filed Form 4 to include shares acquired through dividend reinvestments.
- [F2]FirstEnergy Corp.'s (the "Company") 401(k) Savings Plan ("401(k) Plan") includes a unitized fund invested in shares of common stock of the Company, in which the reporting person may invest, and includes dividend reinvestment and company match features. The number of shares reported as indirectly held in the 401(k) Plan in this row is an estimate of the number of shares of the Company's common stock held in the unitized stock fund since the reporting person's last filed Form 4 and as allocated to the reporting person's account as of January 31, 2026.
- [F3]Represents performance-adjusted restricted stock units ("RSUs") granted on March 1, 2023, each of which represents a contingent right to receive an award payable 2/3 in Company common stock and 1/3 in cash following the vesting date. This Form 4 is being filed to report the satisfaction of the performance goals for the RSUs, as certified by the Company's Board of Directors on February 11, 2026. As a result, these RSUs will vest on March 1, 2026, generally subject to the reporting person's continued service.
- [F4]Each share of phantom stock is the economic equivalent of one share of common stock. This holding reflects phantom stock payable in cash upon retirement or other termination of employment under the FirstEnergy Corp. Amended and Restated Executive Deferred Compensation Plan.
- [F5]Includes phantom stock acquired through dividend reinvestments.