Hyun Park - 07 Feb 2024 Form 4 Insider Report for FIRSTENERGY CORP (FE)

Role: SVP & CLO
Signature: /s/ Mary M. Swann, attorney-in-fact
Issuer symbol: FE
Transactions as of: 07 Feb 2024
Net transactions value: $0
Form type: 4
Filing time: 09 Feb 2024, 18:44:57 UTC
Previous filing: 06 Mar 2023
Next filing: 05 Mar 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Shares After	Date	Ownership	Footnotes
holding	FE	Common Stock	21,433	07 Feb 2024	Direct
holding	FE	Common Stock	747	07 Feb 2024	By Savings Plan	F1
holding	FE	Common Stock	5	07 Feb 2024	Held by Park Family Trust

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	FE	RSU	Award	$0	+91,706		$0.000000	91,706	07 Feb 2024	Common Stock	91,706		Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	FirstEnergy Corp.'s (the "Company") 401(k) Savings Plan includes a unitized fund invested shares of common stock of the Company stock, 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 Company 401(k) Savings Plan in this row is an estimate of the number of shares of the Company common stock held in the unitized stock fund and allocated to the reporting person's account as of December 31, 2023.
F2	Represents performance-adjusted restricted stock units ("RSUs"), each of which represents a contingent right to receive an award payable 2/3 in Company common stock and 1/3 in cash following the vesting date. This Form 4 is being filed to report the satisfaction of the performance goals for the RSUs, as certified by the Company's Board of Directors on February 7, 2024. As a result, these RSUs will vest on March 1, 2024, generally subject to the reporting person's continued service.

Content

FirstEnergy Corp.'s (the "Company") 401(k) Savings Plan includes a unitized fund invested shares of common stock of the Company stock, 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 Company 401(k) Savings Plan in this row is an estimate of the number of shares of the Company common stock held in the unitized stock fund and allocated to the reporting person's account as of December 31, 2023.

Represents performance-adjusted restricted stock units ("RSUs"), each of which represents a contingent right to receive an award payable 2/3 in Company common stock and 1/3 in cash following the vesting date. This Form 4 is being filed to report the satisfaction of the performance goals for the RSUs, as certified by the Company's Board of Directors on February 7, 2024. As a result, these RSUs will vest on March 1, 2024, generally subject to the reporting person's continued service.