Park Hyun 4
4 · FIRSTENERGY CORP · Filed Feb 13, 2026
Research Summary
AI-generated summary of this filing
FirstEnergy SVP & CLO Park Hyun Receives 38,321 RSU Award
What Happened
- Park Hyun, Senior Vice President & Chief Legal Officer of FirstEnergy Corp (FE), was granted 38,321.003 performance‑adjusted restricted stock units (RSUs) on February 11, 2026. The award is reported as a derivative acquisition at a $0.00 price (no cash purchase).
- The RSUs’ performance goals were certified by the Board on February 11, 2026; the units will vest on March 1, 2026, generally subject to continued service. Each RSU is payable 2/3 in Company common stock and 1/3 in cash upon vesting.
Key Details
- Transaction date: 2026-02-11; reported on Form 4 filed 2026-02-13 (appears timely — within the typical 2 business‑day reporting window).
- Amount: 38,321.003 RSUs; reported acquisition price $0.00 (derivative award).
- Shares owned after transaction: not specified in the provided excerpt of the filing.
- Notable footnotes:
- F3: These are performance‑adjusted RSUs awarded Mar 1, 2023; performance goals satisfied and RSUs will vest Mar 1, 2026 (2/3 stock, 1/3 cash).
- F1: Balance updated to include dividends accrued on time‑based awards.
- F2: Notes estimate of indirectly held shares in the Company 401(k) stock fund as of Jan 31, 2026.
- Transaction code: A = Award/Grant (derivative).
Context
- This is a compensation award (standard executive equity grant) rather than a market purchase or sale; such awards are routine for employee incentives and do not by themselves indicate trading intent.
- Because these RSUs are performance‑adjusted and certified by the Board, they are contingent on previously set performance metrics and still require continued service through vesting to convert into stock/cash.
Insider Transaction Report
Form 4
Park Hyun
SVP & CLO
Transactions
- Award
RSU
[F3]2026-02-11+38,321.003→ 38,321.003 total→ Common Stock (38,321.003 underlying)
Holdings
- 84,252.35
Common Stock
[F1] - 1,311.917(indirect: By Savings Plan)
Common Stock
[F2] - 5(indirect: By Trust)
Common Stock
Footnotes (3)
- [F1]Balance updated to include dividends accrued on time-based equity awards.
- [F2]FirstEnergy Corp.'s (the "Company") 401(k) Savings Plan includes a unitized fund invested shares of common stock of the Company stock, 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) Savings 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") awarded 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.
Signature
/s/ Mary M. Swann, attorney-in-fact|2026-02-13