---
schema_version: "secwatch.filing_event.v1"
accession: "0001031296-25-000030"
form_type: "8-K"
ticker: "FE"
cik: "0001031296"
company_name: "FIRSTENERGY CORP"
filed_at: "2025-06-20T23:59:59+00:00"
generated_at: "2026-05-19T00:43:55.607942+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# FirstEnergy modifies LTIP awards: replaces Operating EPS with Core EPS KPI for 2025-2026 periods

## Summary
- Board approved replacing Operating EPS KPI with Core EPS KPI for outstanding 2023-2025 and 2024-2026 LTIP awards for periods after Dec 31, 2024.
- Core EPS excludes Signal Peak coal mine income and pension/OPEB credits, aligning with new reporting starting Q1 2025.
- Maximum payout for EPS KPI capped at 100% of target; Relative TSR KPI (35% weight) unchanged.
- Threshold/target EPS: $7.32/$7.76 for 2023-2025 LTIP and $7.44/$7.88 for 2024-2026 LTIP.
- Change applies to CEO, CFO, and other named executive officers eligible for these awards.

## SEC filing metadata
- accession: 0001031296-25-000030
- form_type: 8-K
- ticker: FE
- cik: 0001031296
- company_name: FIRSTENERGY CORP
- filed_at: 2025-06-20T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1031296/000103129625000030/0001031296-25-000030-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1031296/000103129625000030/fe-20250617.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001031296-25-000030
- JSON: https://secwatch.observer/filing/0001031296-25-000030.json
- Plain text: https://secwatch.observer/filing/0001031296-25-000030.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.