FirstEnergy Corp director James F. ONeil executed a sale of 7,945 FirstEnergy shares on March 11, 2026, generating approximately $402,040 in proceeds. The filing records a weighted average sale price of $50.603 per share, with individual trades ranging from $50.60 to $50.621.
Following that disposition, ONeil is listed as directly owning 1,869 shares of FirstEnergy common stock. The disclosure also details that ONeil holds 44,966.2847 Phantom Stock Units, each unit equivalent to one share of the company’s common stock. Those Phantom Stock Units are payable either in cash or in shares at the conclusion of his service as a director under FirstEnergy’s Deferred Compensation Plan for Outside Directors.
The timing of the sale coincides with FirstEnergy shares trading near a 52-week high of $51.75 and a year-to-date total return of 15 percent. The company has recently publicized several strategic and organizational developments that are relevant to investors and stakeholders in the utility and transmission sectors.
Among corporate actions, FirstEnergy announced plans to invest approximately $950 million to strengthen power grid infrastructure in Ohio and Pennsylvania. That planned investment follows approval from the PJM Board of Managers as part of the 2025 Regional Transmission Expansion Plan. Separately, the company named Hannah Turner as Vice President of Transmission Finance, a role in which she will oversee financial operations associated with FirstEnergy’s transmission businesses.
Analyst coverage has reflected these developments. Scotiabank increased its price target on FirstEnergy shares to $56 while maintaining a Sector Outperform rating, and it projects 8 percent earnings growth for the company. BofA Securities also raised its price target to $52 and kept a Neutral rating following discussions about the company’s capital plan and regulatory developments. FirstEnergy reported fiscal year 2025 earnings per share of $2.55, a figure the filing indicates is aligned with Scotiabank’s estimates and consensus expectations.
Collectively, the insider sale, the company’s sizeable planned transmission investment, the executive appointment in transmission finance, and recent analyst target adjustments form the latest set of public disclosures that investors may weigh when assessing FirstEnergy’s operational and financial trajectory.