TIERNEY BRIAN X 4
4 · FIRSTENERGY CORP · Filed Jun 3, 2026
Research Summary
AI-generated summary of this filing
FirstEnergy CEO Brian Tierney Sells 16,991 Shares
What Happened
Brian X. Tierney, FirstEnergy Corp.'s Chairman, President & CEO (and a director), had 16,991 shares of FirstEnergy common stock disposed on June 1, 2026 to satisfy tax withholding obligations. The shares were withheld at $45.90 per share, totaling approximately $779,853. This disposition was done as part of withholding for the vesting of 38,095 restricted shares granted June 1, 2023 — a routine tax-withholding event rather than an open-market sale.
Key Details
- Transaction date and price: June 1, 2026 — 16,991 shares withheld at $45.90/share (total ~$779,853).
- Transaction type: Code F — shares withheld to satisfy tax withholding upon RSU vesting (not a discretionary sale).
- Vesting detail: 38,095 restricted shares vested; 16,991 were withheld for taxes, so 21,104 net shares were delivered to the reporting person.
- Shares owned after transaction: Not specified in this filing.
- Filing timeliness: Report filed June 3, 2026 (two days after the transaction) — appears timely.
- Relevant footnotes:
- F1: Withholding to satisfy tax obligation on the June 1, 2023 RSU award vesting.
- F2: Reported balance updated to include dividend reinvestments.
- F3: Notes an estimated number of shares indirectly held in the company 401(k) unitized stock fund (includes dividend reinvestment and company match).
Context
This was a tax-withholding (cashless-like) disposition tied to RSU vesting rather than an opportunistic open-market sale; such withholdings are common and typically do not signal management sentiment about the stock. The filing also notes dividend reinvestments and 401(k) plan holdings that affect the reporting person's total share balance.
Insider Transaction Report
- Tax Payment
Common Stock
[F1][F2]2026-06-01$45.90/sh−16,991$779,853→ 523,810.372 total
- 938.399(indirect: By Savings Plan)
Common Stock
[F3]
Footnotes (3)
- [F1]This Form 4 is being filed to report the number of shares withheld to satisfy the reporting person's tax withholding obligation upon the vesting of 38,095 shares of restricted common stock granted pursuant to the terms of the Restricted Stock Award Agreement, dated June 1, 2023, between FirstEnergy Corp. (the "Company") and the reporting person.
- [F2]Balance has been updated since the reporting person's last filed Form 4 to include shares acquired through dividend reinvestments.
- [F3]The Company's 401(k) Savings 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) Savings 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 May 31, 2026.