Form 4 for FE FirstEnergy
Accepted 2025-03-04 00:00:00 ET · period of report 2025-03-01 · accession 0001127602-25-008125 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2025-03-04 | 2025-03-01 | FE | K. Jon Taylor | SVP, CFO, Strategy | D - Sale to Iss | $38.36 | -27.4K | 111.9K | -20% | -$1.05M |
| D | 2025-03-04 | 2025-03-01 | FE | K. Jon Taylor | SVP, CFO, Strategy | M - OptEx | — | +41.1K | 136.7K | +43% | — |
| D | 2025-03-04 | 2025-03-01 | FE | K. Jon Taylor | SVP, CFO, Strategy | A - Grant | $0.00 | +14.0K | 150.7K | +10% | $0 |
| D | 2025-03-04 | 2025-03-01 | FE | K. Jon Taylor | SVP, CFO, Strategy | F - Tax | $38.36 | -11.4K | 139.3K | -8% | -$437.6K |
| D | 2025-03-04 | 2025-03-01 | FE | K. Jon Taylor | SVP, CFO, Strategy | M - OptEx | $0.00 | -41.1K | 0 | -100% | $0 |
| D | 2025-03-04 | 2025-03-01 | FE | K. Jon Taylor | SVP, CFO, Strategy | A - Grant | $0.00 | +13.7K | 13.7K | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2025-03-01 | D | D | 13,646.85 | $38.36 | 125,649.01 | D | — | — | (F5) On March 1, 2025, the Cash-Based RSUs were settled based on an average of the Company's high and low stock price, net of applicable tax withholding obligations |
| 2 | Common | Common Stock | 2025-03-01 | M | A | 41,105.85 | — | 136,737.85 | D | — | — | (F1) Represents the vesting of performance-adjusted restricted stock units ("RSUs"), each of which previously represented a contingent right to receive an RSU award payable 2/3 in shares of common stock of FirstEnergy Corp. (the "Company") ("Share-Based RSUs") and 1/3 in cash ("Cash-Based RSUs") following the vesting date. The satisfaction of the performance goals for the RSUs were certified by the Company's Board of Directors on February 5, 2025, as previously reported on a Form 4 filed on February 7, 2025, and the RSUs, which had remained subject to a continued service requirement, vested on March 1, 2025. (F2) The RSUs converted into shares of the Company's common stock on a one-for-one basis under the FirstEnergy Corp. 2020 Incentive Compensation Plan. |
| 3 | Common | Common Stock | 2025-03-01 | A | A | 13,967 | $0.00 | 150,704.85 | D | — | — | (F3) Represents the vesting of a time-based restricted stock award granted to the reporting person on March 1, 2023, which vested 25% on March 1, 2025. |
| 4 | Common | Common Stock | 2025-03-01 | F | D | 11,409 | $38.36 | 139,295.85 | D | — | — | (F4) Represents shares of common stock of the Company withheld to cover tax obligations associated with the vesting of the RSUs and restricted stock award described in footnotes 1 and 3, respectively, which transaction is exempt under Rule 16b-3. |
| 5 | Common | Common Stock | 2025-03-01 | D | D | 13,730 | $38.36 | 111,919.01 | D | — | — | (F6) In connection with the vesting of the Share-Settled RSUs on March 1, 2025, the reporting person's receipt of 13,730 shares of the Company's common stock was deferred, resulting in the reporting person receiving instead 13,730 shares of phantom stock pursuant to the Company's deferred compensation plan. The reporting person is therefore reporting the disposition of 13,730 shares of common stock in exchange for an equal number of shares of phantom stock. |
| 6 | Derivative | RSU | 2025-03-01 | M | D | 41,105.85 | $0.00 | 0 | D | — · — to — | 41,105.85 Common Stock | (F8) Share-Based RSUs convert into the Company's common stock on a one-for-one basis. (F1) Represents the vesting of performance-adjusted restricted stock units ("RSUs"), each of which previously represented a contingent right to receive an RSU award payable 2/3 in shares of common stock of FirstEnergy Corp. (the "Company") ("Share-Based RSUs") and 1/3 in cash ("Cash-Based RSUs") following the vesting date. The satisfaction of the performance goals for the RSUs were certified by the Company's Board of Directors on February 5, 2025, as previously reported on a Form 4 filed on February 7, 2025, and the RSUs, which had remained subject to a continued service requirement, vested on March 1, 2025. |
| 7 | Derivative | Phantom 3/25D | 2025-03-01 | A | A | 13,730 | $0.00 | 13,730 | D | — · — to — | 13,730 Common Stock | (F9) Each share of phantom stock represents a right to receive one share of the Company's common stock. (F10) The phantom stock becomes payable upon the reporting person's death, disability or termination of employment with the Company. |