Form 4: FirstEnergy Director Leslie M. Turner Acquires Shares as Part of Compensation Plan

Director Leslie M. Turner acquired 1,056 shares of FirstEnergy Corp. common stock at $40.23 per share on April 1, 2025, as part of the company's compensation plan.

Summary

• On April 1, 2025, Leslie M. Turner, a director of FirstEnergy Corp., acquired 1,056 shares of common stock at a price of $40.23 per share.
• This acquisition was part of the FirstEnergy Corp. 2020 Incentive Compensation Plan.
• Following the transaction, Turner directly owns 5,553 shares of common stock.
• Turner also holds 22,962.3424 phantom stock units, which are payable in cash or shares of FirstEnergy Corp. common stock upon conclusion of service as a director.
• These phantom stock units include those acquired through dividend reinvestments.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects a director's participation in a compensation plan, aligning interests with shareholders.

Positives

• The director's acquisition of shares demonstrates alignment with shareholder interests.
• The compensation plan incentivizes directors to contribute to the company's long-term success.

Industry Context

This Form 4 filing is a routine disclosure related to insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company insiders.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders by aligning director interests with company performance.

Key Dates

Keywords

FirstEnergy Corp, Director, Leslie M. Turner, Stock Acquisition, Incentive Compensation Plan, Phantom Stock Units, Form 4