Form 4: FirstEnergy Director Steven J. Demetriou Reports Acquisition of Common Stock and Phantom Stock Units

Director Steven J. Demetriou reports acquisition of common stock and phantom stock units in FirstEnergy Corp.

Summary

• On April 1, 2025, Steven J. Demetriou, a director of FirstEnergy Corp, acquired common stock and phantom stock units.
• Demetriou directly owns 12,431 shares of common stock.
• He also acquired 1,056 phantom stock units, bringing his total holdings to 24,371.8832 units.
• These phantom stock units are payable in cash or shares of FirstEnergy common stock upon conclusion of his service as a director.

Sentiment

Score: 6

Explanation: Neutral sentiment as it's a routine disclosure of director's stock transactions. The acquisition of shares and phantom stock units can be seen as a positive sign, but it's not a significant event.

Positives

• The director's acquisition of shares and phantom stock units demonstrates confidence in the company's future.

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

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, which can be an indicator of management's view of the company's prospects.

Stakeholder Impact

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

Key Dates

Keywords

FirstEnergy, Director, Stock, Phantom Stock Units, Demetriou, Acquisition, Compensation