Form 4: FirstEnergy CFO K. Jon Taylor Reports Stock Sale and Savings Plan Holdings
SEC Form 4 Filing
FirstEnergy's CFO, K. Jon Taylor, reported selling 12,000 shares of common stock at $43.03 per share and updated holdings in the company's 401(k) Savings Plan.
Summary
- On May 7, 2025, K. Jon Taylor, the SVP, CFO, and Strategy of FirstEnergy Corp, sold 12,000 shares of FirstEnergy common stock at a price of $43.03 per share.
- Following the transaction, Taylor directly owns 99,919.008 shares of FirstEnergy common stock.
- Taylor also indirectly owns 5,468.4321 shares through the company's 401(k) Savings Plan, as of April 30, 2025.
- The shares held in the 401(k) Savings Plan include dividend reinvestments and company match features.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of stock transactions. The sale of shares by an executive could be interpreted in various ways, but without additional context, it's difficult to assign a strong positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider trading activity, which is common for executives of publicly traded companies. It provides transparency into the transactions of company insiders.
Stakeholder Impact
- The stock sale may have a minor impact on shareholders, depending on their interpretation of the transaction.
Key Dates
| Date | Description |
|---|---|
| April 30, 2025 | Date for the estimate of the number of shares of the Company's common stock held in the unitized stock fund since the reporting person's last filed Form 4 and as allocated to the reporting person's account. |
| May 7, 2025 | Date of the stock sale transaction. |
| May 9, 2025 | Date of signature on the Form 4 filing. |
Keywords
FirstEnergy, K. Jon Taylor, stock sale, Form 4, CFO, insider trading, 401(k) Savings Plan, common stock
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.