SOMERHALDER JOHN W II 4
Research Summary
AI-generated summary
FirstEnergy (FE) Director John W. Somerhalder II Receives 898-Share Award
What Happened
- John W. Somerhalder II, a director of FirstEnergy Corp. (FE), was granted/received 898 shares on July 1, 2026. The reported acquisition price/value was $47.30 per share, for a total reported value of $42,475. This was an award/acquisition under the company’s compensation plan (not an open-market purchase).
Key Details
- Transaction date and price: 2026-07-01 — 898 shares at $47.30 each (total ~$42,475).
- Transaction type: Award/grant/acquisition under the FirstEnergy Corp. 2020 Incentive Compensation Plan (footnote F1).
- Shares owned after transaction: Not specified in the provided filing details.
- Footnotes of note:
- F1: Shares were paid quarterly under the 2020 Incentive Compensation Plan.
- F2: Balance reported includes shares acquired through dividend reinvestment.
- F3: The company’s 401(k) stock fund, dividend reinvestment and company match may be included in indirect holdings (estimate as of June 30, 2026).
- Filing date: The Form 4 was filed on 2026-07-06. Form 4s are generally required within two business days of the transaction; this filing was submitted five days after the reported date — check the EDGAR record for any official timeliness designation.
Context
- This was a compensation award rather than an open-market buy or sale; such grants are part of routine director compensation and don’t necessarily indicate insider buying or selling sentiment.
- For retail investors, purchases or open-market buys tend to be more informative about insider confidence; awards and dividend/401(k) allocations often reflect planned compensation or benefit mechanisms.