DEMETRIOU STEVEN J. 4

What Happened Steven J. Demetriou, a director of FirstEnergy Corp. (FE), received an award of 837 phantom stock units on April 1, 2026. The units were reported as a derivative award (code A) at $0.00 per unit (no cash paid at grant). These units are granted under FirstEnergy’s incentive and deferred compensation plans for outside directors and represent economic equivalents of common shares.

Key Details

• Transaction date: 2026-04-01; Filing date: 2026-04-03 (appears to be filed within the normal Form 4 timeframe).
• Transaction type: Award/grant of derivative phantom stock units (Code A).
• Amount: 837 phantom stock units; reported price per unit: $0.00; total cash paid: $0.
• Shares owned after transaction: Not specified in the filing.
• Footnotes from the filing:
  • F1: Units represent shares paid quarterly for director compensation and deferred under the Deferred Compensation Plan for Outside Directors.
  • F2: 1-for-1 conversion (each unit equals one share economic equivalent).
  • F3: Phantom stock is payable in cash or shares following conclusion of director service.
  • F4: Includes dividends accrued on phantom stock units.
• No indication this filing was late (no "L" timeliness flag).

Context This is routine deferred-compensation treatment for a non-employee director: phantom stock units are a bookkeeping award that track the economic value of common shares and may be settled in cash or stock later. Such grants are standard for director compensation and do not on their own signal executive trading sentiment.