K. Jon Taylor 4
4 · FIRSTENERGY CORP · Filed Feb 13, 2026
Research Summary
AI-generated summary of this filing
FirstEnergy CFO K. Jon Taylor Receives 66,347 RSU Award
What Happened K. Jon Taylor, Senior Vice President, Chief Financial Officer and Strategy at FirstEnergy Corp. (FE), was granted/recognized 66,347.313 performance-adjusted restricted stock units (RSUs) on Feb 11, 2026. The RSUs were reported on a Form 4 filed Feb 13, 2026 and are recorded as a derivative acquisition at $0.00 per unit. The company’s board certified that the performance goals for these RSUs were satisfied on Feb 11, 2026; the awards will vest on March 1, 2026, generally subject to continued service. Each vested award will be paid 2/3 in Company common stock and 1/3 in cash.
Key Details
- Transaction date: Feb 11, 2026; Form 4 filed Feb 13, 2026 (timely filing).
- Transaction type/code: A (award/grant/acquisition); derivative RSUs reported at $0.00; quantity: 66,347.313 units.
- Vesting/settlement: Performance goals certified Feb 11, 2026; vesting date Mar 1, 2026; payout 2/3 in stock and 1/3 in cash (per footnote F3).
- Shares owned after transaction: The filing reports the grant of 66,347.313 RSUs; an explicit total beneficial ownership figure after the award is not listed on the summary provided. Footnote F1 notes the reporting person’s balance was updated since the last Form 4 to include dividend reinvestments and to correct a prior reporting error.
- Other footnotes: F2 describes the Company 401(k) unitized stock fund (estimated shares as of Jan 31, 2026); F4 notes certain phantom stock is cash-settled under the deferred compensation plan.
Context This is a compensation award (performance RSUs) rather than an open-market purchase or sale. Performance RSUs are contingent awards that convert to stock/cash upon certification and vesting and are commonly used for executive pay; they do not directly indicate the insider buying or selling shares in the market. The 1/3 cash component will reduce the number of shares actually delivered upon vesting. The filing also corrects prior reported balances and accounts for dividend reinvestment in the reporting person’s holdings.
Insider Transaction Report
- Award
RSU
[F3]2026-02-11+66,347.313→ 66,347.313 total→ Common Stock (66,347.313 underlying)
- 117,357.72
Common Stock
[F1] - 5,733.093(indirect: By Savings Plan)
Common Stock
[F2] - 21,698.581
Phantom 3/17D
[F4]→ Common Stock (21,698.581 underlying) - 6,447.381
Phantom 3/18D
[F4]→ Common Stock (6,447.381 underlying) - 22,589.9
Phantom 3/19D
[F4]→ Common Stock (22,589.9 underlying) - 22,013.193
Phantom 3/20D
[F4]→ Common Stock (22,013.193 underlying) - 16,678.671
Phantom 3/21D
[F4]→ Common Stock (16,678.671 underlying) - 11,662.391
Phantom 3/22D
[F4]→ Common Stock (11,662.391 underlying) - 5,434.443
Phantom 3/23D
[F4]→ Common Stock (5,434.443 underlying) - 38,380.214
Phantom 3/24D
[F4]→ Common Stock (38,380.214 underlying) - 14,151.583
Phantom 3/25D
[F4]→ Common Stock (14,151.583 underlying)
Footnotes (4)
- [F1]Balance has been updated since the reporting person's last filed Form 4 to include shares acquired through dividend reinvestments and to correct the prior reported balance due to an inadvertent error in the amount of securities beneficially owned by the reporting person as reported in Column 5 of Table I on the reporting person's Form 4 filed on March 4, 2025.
- [F2]FirstEnergy Corp.'s (the "Company") 401(k) Savings 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) 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") granted 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 and is settled in cash. The shares of phantom stock are payable upon the reporting person's retirement or termination of employment under the FirstEnergy Corp. Amended and Restated Executive Deferred Compensation Plan.