Form 4: FirstEnergy Director Lisa Winston Hicks Reports Acquisition of Common Stock and Phantom Stock Units

Director Lisa Winston Hicks reports acquiring common stock and phantom stock units in FirstEnergy Corp.

Summary

• Lisa Winston Hicks, a director at FirstEnergy Corp, filed a Form 4 detailing changes in beneficial ownership.
• On October 1, 2024, Ms. Hicks acquired 2,051 shares of common stock directly.
• She also indirectly owns 500 shares of common stock through her spouse.
• Additionally, she acquired 900 phantom stock units under the FirstEnergy Corp. 2020 Incentive Compensation Plan and Deferred Compensation Plan for Outside Directors.
• These phantom stock units are payable in cash or shares of FirstEnergy Corp. common stock upon conclusion of her service as a director.
• The reported transaction leaves Ms. Hicks with 11,610.1636 derivative securities beneficially owned.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions of a company director. It doesn't inherently convey positive or negative sentiment.

Future Outlook

The phantom stock units are payable in cash or shares of FirstEnergy Corp. common stock following conclusion of service as a director.

Industry Context

This filing is a routine disclosure of a director's stock transactions, which is common in publicly traded companies. It provides transparency into the holdings and transactions of company insiders.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the holdings of a company director.

Key Dates