{"schema_version":"secwatch.filing_event.v1","accession":"0001031296-23-000038","form_type":"8-K","ticker":"FE","cik":"0001031296","company_name":"FIRSTENERGY CORP","filed_at":"2023-05-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:37.686165+00:00","generated_at":"2026-06-16T02:27:36.795663+00:00","sec_items":["8.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"FirstEnergy prices $1.3B 4.00% convertible notes due 2026 at 20% premium","bullets":["$1.3B aggregate principal of 4.00% convertible senior notes due 2026 priced; initial purchasers have 13-day option for up to $200M additional.","Conversion rate 21.3620 shares per $1,000 principal; initial conversion price ~$46.81, a 20% premium over May 1 closing price.","Net proceeds expected ~$1.28B (or ~$1.48B if option exercised); will refinance existing debt, fund qualified pension plan, and for general corporate purposes.","Notes are unsecured, unsubordinated; mature May 1, 2026; holders can convert under certain conditions before Feb 1, 2026, and anytime after."],"urls":{"canonical":"https://secwatch.observer/filing/0001031296-23-000038","json":"https://secwatch.observer/filing/0001031296-23-000038.json","markdown":"https://secwatch.observer/filing/0001031296-23-000038.md","text":"https://secwatch.observer/filing/0001031296-23-000038.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1031296/000103129623000038/0001031296-23-000038-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1031296/000103129623000038/fe-20230501.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T02:27:36.795663+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}