FIRSTENERGY CORP·4

Jul 6, 4:37 PM ET

ONEIL JAMES F 4

Research Summary

AI-generated summary

Updated

FirstEnergy (FE) Director Oneil James F Receives 898-Unit Award

What Happened

  • Oneil James F, a director of FirstEnergy Corp (FE), received an award of 898 derivative units on 2026-07-01. The units were reported as acquired at $0.00 (no cash paid at grant) and are recorded as phantom stock units — each unit is the economic equivalent of one share of common stock.

Key Details

  • Transaction date: 2026-07-01; Report filed: 2026-07-06 (file appears late vs. the 2-business-day Form 4 deadline).
  • Transaction type/code: A — Grant/award (derivative).
  • Quantity and price: 898 units at $0.00.
  • Shares owned after transaction: Not specified in the filing.
  • Relevant footnotes: units represent deferred director compensation under FirstEnergy’s Deferred Compensation Plan for Outside Directors (F2, F4); units are paid in cash or shares after service ends and include dividends accrued on the units (F4, F5). Footnotes also note 1-for-1 equivalence to common shares (F3) and inclusion of dividend reinvestments where applicable (F1).

Context

  • These phantom stock units are a form of deferred director compensation, not an open-market purchase or sale. They do not indicate an immediate cash outlay or a sale of stock and are typically routine for outside directors. The late filing reduces near-term transparency but does not change the nature of the award.