ONEIL JAMES F 4

What Happened

• James F. O'Neil (listed in the filing as ONEIL JAMES F), a director of FirstEnergy Corp. (FE), was granted 837 phantom stock units on 2026-04-01. The filing shows an acquisition of 837 shares at $0.00 (derivative award), reported on Form 4 filed 2026-04-03.
• This was an award under the company’s director compensation/deferred compensation arrangements, not an open-market purchase or sale; the reported dollar value at grant is $0 on the Form 4.

Key Details

• Transaction date: 2026-04-01; Filing date: 2026-04-03.
• Reported transaction: Grant/Award (code A) of 837 phantom stock units at $0.00 (derivative).
• Shares owned after transaction: Not specified in the Form 4 (the filing shows the grant/holding as phantom units).
• Footnotes:
  • F1: Units represent shares paid quarterly as director compensation under the 2020 Incentive Compensation Plan.
  • F2: 1-for-1 (each unit equals one share economically).
  • F3: Phantom stock units payable in cash or shares after conclusion of service per the Deferred Compensation Plan for Outside Directors.
  • F4: Accrued dividends are included on the phantom stock units.
• Timeliness: Filing appears timely (transaction 04/01/2026; Form 4 filed 04/03/2026).

Context

• These are derivative phantom stock units granted as routine director compensation and are typically paid in cash or converted to shares after service ends. Such awards are standard nondiscretionary compensation and do not necessarily signal the director’s view on the company’s stock price.
• For retail investors, outright purchases by insiders can be more informative of bullish sentiment than routine compensation grants; treat this as compensation reporting rather than a market-moving trade.