FirstEnergy Corp Director Steven J. Demetriou Receives Quarterly Equity Compensation

Executive Summary

On October 5, 2026, FirstEnergy Corp ($FE) filed a Form 4 disclosing that Director Steven J. Demetriou acquired 986 Phantom Stock Units on October 1, 2026. The units were granted at $0 per share as part of regular quarterly director compensation and deferred under the FirstEnergy Corp. Deferred Compensation Plan for Outside Directors.

Transaction Details

• Security: Phantom Stock Units
• Transaction Code: A (Grant/Award)
• Shares Acquired: 986 units
• Price Per Share: $0.00
• Date of Transaction: 2026-10-01
• Total Phantom Stock Owned Following Transaction: 31,655.572 units (including accumulated dividend equivalents)
• Direct Common Stock Holdings: 12,431 shares

Terms of Derivative Security

Each phantom stock unit represents the economic equivalent of one share of FirstEnergy Corp common stock on a 1-for-1 basis. The units will become payable in cash or shares of common stock following the conclusion of Demetriou's service as a director.

Trading Significance

The trading significance is Low. This transaction represents standard, non-discretionary equity compensation for board service deferred into phantom stock, rather than an open-market purchase or sale.