K. Jon Taylor 4

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.