TIERNEY BRIAN X 4
4 · FIRSTENERGY CORP · Filed Feb 13, 2026
Research Summary
AI-generated summary of this filing
FirstEnergy CEO Brian Tierney Receives 227,593-Share Award
What Happened Brian X. Tierney, Chairman, President & CEO of FirstEnergy Corp. (FE), was reported as acquiring 227,592.972 shares on February 11, 2026, as the result of a derivative award (performance-adjusted RSUs). The transaction is reported at $0.00 per share because these are restricted stock units that will convert to compensation (2/3 stock and 1/3 cash) upon vesting; the company’s board certified that the performance goals were satisfied on February 11, 2026 and the RSUs are scheduled to vest on March 1, 2026, generally subject to continued service.
Key Details
- Transaction date: 2026-02-11; reported on Form 4 filed 2026-02-13 (timely filing).
- Amount: 227,592.972 RSU shares reported as acquired at $0.00 (derivative award).
- Vesting/payment: RSUs were performance-certified 2/11/2026 and will vest 3/1/2026; payout will be 2/3 in company stock and 1/3 in cash.
- Post-transaction holdings: The Form 4 updates the reporting person’s balance to reflect dividend reinvestments and 401(k) unit holdings, but a single consolidated “shares owned after” total is not explicitly stated in the filing.
- Footnotes: F1 notes balance updated for dividend reinvestment; F2 describes indirect 401(k) unit holdings estimate; F3 describes the original June 1, 2023 grant and board certification of performance goals.
- Transaction type: A = Award/Grant (derivative), not an open-market purchase or sale.
Context This is a compensation vesting event (performance RSUs) rather than an open-market purchase or sale. Such awards reflect company compensation outcomes (performance goals satisfied) and will convert to a combination of shares and cash on vesting; they do not necessarily signal an insider buying or selling for investment reasons.
Insider Transaction Report
- Award
RSU
[F3]2026-02-11+227,592.972→ 227,592.972 total→ Common Stock (227,592.972 underlying)
- 371,300.183
Common Stock
[F1] - 846.277(indirect: By Savings Plan)
Common Stock
[F2]
Footnotes (3)
- [F1]Balance has been updated since the reporting person's last filed Form 4 to include shares acquired through dividend reinvestments.
- [F2]FirstEnergy Corp.'s ("The Company") 401(k) Savings Plan ("401(k) 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) 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 on June 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.