SOMERHALDER JOHN W II 4
Research Summary
AI-generated summary
FirstEnergy (FE) Director John W. Somerhalder II Receives 837-Share Award
What Happened
John W. Somerhalder II, a director of FirstEnergy Corp. (FE), was granted/issued 837 shares on April 1, 2026. The reported acquisition price per share was $50.73, for a total reported value of $42,461. The filing lists this as an award/acquisition under the company’s compensation arrangements (not an open-market purchase).
Key Details
- Transaction date and price: 2026-04-01 — 837 shares at $50.73 each (total $42,461).
- Transaction type: "A" (award/grant/other acquisition) under FirstEnergy’s 2020 Incentive Compensation Plan (footnote F1).
- Shares owned after transaction: Not specified in the provided filing summary.
- Footnotes in the filing:
- F1: Shares represent quarterly payments under the FirstEnergy Corp. 2020 Incentive Compensation Plan.
- F2: Balance totals include shares acquired through dividend reinvestment.
- F3: The Company’s 401(k) Savings Plan has a unitized stock fund (estimate of shares allocated to the reporting person’s account as of 3/31/2026).
- Filing timeliness: Reported on 2026-04-03 for a 2026-04-01 transaction (filed within the typical 2-business-day window).
Context
This was a compensation-related award (routine director/company incentive payment), which is different from an open-market purchase or sale. Such awards are common for director compensation and do not by themselves indicate the director is buying stock on the market for a bullish signal.