Park Hyun 4

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.