Form 4: FirstEnergy Director Steven J. Demetriou Acquires 1,000 Shares of Common Stock

Director Steven J. Demetriou acquired 1,000 shares of FirstEnergy Corp. common stock at $39.99 per share on January 2, 2025, and holds 12,431 shares following the transaction.

Summary

• On January 2, 2025, Steven J. Demetriou, a director of FirstEnergy Corp., acquired 1,000 shares of common stock at a price of $39.99 per share.
• This acquisition increased Demetriou's direct holdings to 12,431 shares.
• Demetriou also holds 23,058.8909 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 are part of the FirstEnergy Corp. Deferred Compensation Plan for Outside Directors and include units acquired through dividend reinvestments.

Sentiment

Score: 6

Explanation: The document itself is neutral, simply reporting a transaction. The director's purchase could be seen as mildly positive, indicating confidence, but it's a small transaction.

Positives

• A director's purchase of company stock can be seen as a positive signal, indicating confidence in the company's future performance.

Future Outlook

The document does not contain any specific forward-looking statements regarding FirstEnergy's future performance.

Industry Context

This filing is a routine disclosure of insider trading activity, which is common among publicly traded companies. It provides transparency into the transactions of company insiders and their holdings of company stock.

Stakeholder Impact

• The transaction may have a minor positive impact on shareholder sentiment, as it reflects a director's investment in the company.

Key Dates