Firstenergy CORP: management transactions · United States · SEC (Form 4)

About Firstenergy CORP

FirstEnergy Corp. is a US utility company listed on the NYSE under the ticker FE, with headquarters in Akron, Ohio, United States. For French-speaking investors, the company is best understood as a large regulated electric utility and grid infrastructure operator rather than a commodity-driven energy producer. FirstEnergy serves more than 6 million customers across Ohio, Pennsylvania, New Jersey, West Virginia, Maryland and New York through its distribution utilities, while also operating a substantial high-voltage transmission footprint connecting the Midwest and Mid-Atlantic regions. ([firstenergycorp.com](https://www.firstenergycorp.com/about.html)) The company was formed in 1997 through the merger of Ohio Edison Company and Centerior Energy Corporation. It later expanded through the acquisitions of GPU, Inc. in 2001 and Allegheny Energy in 2011. A major strategic inflection came in 2020, when FirstEnergy separated from its commodity-exposed generation business to concentrate on its regulated distribution, transmission and generation operations. That shift materially improved the predictability of the business model, although regulatory and reputational issues remain part of the investment debate. ([firstenergycorp.com](https://www.firstenergycorp.com/about/company_history.html)) Operationally, FirstEnergy owns one of the largest investor-owned electric systems in the country. Its regulated distribution companies operate more than 269,000 miles of distribution lines, while its transmission subsidiaries manage about 24,000 miles of lines and two regional transmission operation centers. The company also controls approximately 3,599 MW of regulated generation from scrubbed coal, solar and hydro assets in West Virginia and Virginia. Its competitive position is anchored in scale, essential-service demand, rate-regulated revenues and ongoing grid modernization needs. ([firstenergycorp.com](https://www.firstenergycorp.com/about.html)) Recent company updates point to an accelerated capital deployment strategy. In 2025, FirstEnergy highlighted its Energize365 program, initially a $28 billion five-year plan for 2025-2029, with $5 billion targeted for 2025 alone. In early 2026, the company raised the plan to $36 billion for 2026-2030, including more than $19 billion in transmission investment. Management also reaffirmed 2026 Core Earnings guidance and stated that the expanded investment plan supports long-term Core EPS growth near the upper end of a 6-8% CAGR target. These disclosures indicate a regulated utility prioritizing grid resilience, reliability, and rate base growth. ([firstenergycorp.com](https://www.firstenergycorp.com/newsroom/news_articles/fe-announces-q4-2025-financial-results.html)) From an investor perspective, FE is a classic US regulated utility story: defensive cash flow characteristics, large-scale infrastructure exposure, and visible capital spending, balanced by regulatory oversight, execution risk, and the legacy overhang of past controversies. For European investors screening NYSE/NASDAQ utilities, FirstEnergy remains a name to watch for its large service territory and ongoing transmission-led investment cycle. ([firstenergycorp.com](https://www.firstenergycorp.com/newsroom/news_articles/fe-announces-q4-2025-financial-results.html))