Christine Walker - Feb 7, 2024 Form 4 Insider Report for FIRSTENERGY CORP (FE)

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, 06:57 PM
Previous filing
Nov 29, 2023
Next filing
Mar 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding FE Common Stock 37K Feb 7, 2024 Direct F1
holding FE Common Stock 7.01K Feb 7, 2024 By Savings Plan F2
holding FE Common Stock 53.6 Feb 7, 2024 By Spouse 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 +35.9K $0.00 35.9K Feb 7, 2024 Common Stock 35.9K Direct F3
holding FE Phantom 3/07D 178 Feb 7, 2024 Common Stock 178 Direct F4, F5
holding FE Phantom 3/14D 396 Feb 7, 2024 Common Stock 396 Direct F4, F5
holding FE Phantom 3/15D 867 Feb 7, 2024 Common Stock 867 Direct F4, F5
holding FE Phantom 3/16D 3.57K Feb 7, 2024 Common Stock 3.57K Direct F4, F5
holding FE Phantom 3/23D 2.35K Feb 7, 2024 Common Stock 2.35K Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Balance includes shares acquired through dividend reinvestments.
F2 FirstEnergy Corp.'s (the "Company") 401(k) Savings Plan includes a unitized fund invested in shares of common stock of the Company, 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.
F3 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.
F4 Each share of phantom stock is the economic equivalent of one share of common stock and is settled in cash. The shares of phantom stock are payable upon the reporting person's retirement or termination of employment under the FirstEnergy Corp. Amended and Restated Executive Deferred Compensation Plan.
F5 Includes phantom stock acquired through dividend reinvestments.