March 1, 2024 · Form 4 insider transaction
Thomas Toby L. sold 7,866 shares of FirstEnergy Corp. at $0.00 per share, a transaction worth N/A. The trade was recorded as option exercise and disclosed on an SEC Form 4, filed 4 days after the transaction.
This Form 4 is being filed to report the vesting, and automatic withholding for tax purposes, of performance-adjusted restricted stock units ("RSUs"), each of which represents a contingent right to receive an award payable in shares of common stock of FirstEnergy Corp. (the "Company") following the vesting date. The satisfaction of the performance goals for the RSUs were certified by the Company's Board of Directors on February 7, 2024, as previously reported on a Form 4 filed on February 9, 2024, and the RSUs vested on March 1, 2024.