John W. Somerhalder II - Feb 7, 2024 Form 4 Insider Report for FIRSTENERGY CORP (FE)

Role: Director
Signature: /s/ Mary M. Swann, attorney-in-fact
Stock symbol: FE
Transactions as of: Feb 7, 2024
Transactions value $: $0
Form type: 4
Date filed: 2/9/2024, 06:48 PM
Previous filing: Jan 23, 2024
Next filing: Mar 5, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	FE	Common Stock						104K	Feb 7, 2024	Direct
holding	FE	Common Stock						692	Feb 7, 2024	By Savings Plan	F1

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	+73.4K		$0.00	73.4K	Feb 7, 2024	Common Stock	73.4K		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 in 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 in Company common stock 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. Per the terms of Mr. Somerhalder's award agreement, these RSUs will settle 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 in 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 in Company common stock 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. Per the terms of Mr. Somerhalder's award agreement, these RSUs will settle on March 1, 2024, generally subject to the reporting person's continued service.