FIRSTENERGY CORP·4

Feb 13, 7:17 PM ET

Lisowski Jason 4

Research Summary

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Updated

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.