FirstEnergy Corp. Director Leslie M. Turner Receives Quarterly Phantom Stock Grant
FIRSTENERGY CORP
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Filing Summary
š SEC Form 4 Filing: FIRSTENERGY CORP ($FE) ā¢ Insider: Leslie M. Turner (Director) ā¢ Transaction Date: 2026-10-01 ā¢ Type: Grant / Award (Code A) ā¢ Security: Phantom Stock Units ā¢ Units Acquired: 986 @ $0.00 ā¢ Post-Transaction Holdings: 27,097.84 Phantom Stock Units (plus 8,477 Common Shares held directly) ā¢ Significance: Low (Routine quarterly director deferred compensation)
Comprehensive Analysis
Transaction Overview
On October 1, 2026, FirstEnergy Corp. ($FE) Director Leslie M. Turner acquired 986 Phantom Stock Units at $0.00 per unit under the company's 2020 Incentive Compensation Plan and Deferred Compensation Plan for Outside Directors.
Key Details
- Security: Phantom Stock Units (convertible on a 1-for-1 basis into common stock or cash following conclusion of board service)
- Nature of Transaction: Quarterly board retainer/director compensation deferred into phantom equity (Transaction Code A)
- Direct Common Stock Holdings: 8,477 shares
- Post-Transaction Derivative Holdings: 27,097.8398 Phantom Stock Units (including accrued dividend reinvestments)
Significance
This filing represents standard, recurring quarterly compensation for outside directors rather than an open-market discretionary purchase or sale. As such, the transaction carries Low trading significance and conveys neutral directional sentiment.
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