Here are the DEF 14A proxy statements from NRG Energy, Inc. (NRG) in our archive over the last 12 months, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A DEF 14A covers the proxy statement, with executive pay and the shareholder votes, so if you follow NRG and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full NRG filings page.
NRG Energy is asking stockholders to vote at its virtual 2026 annual meeting on ten director nominees, executive pay, ratification of KPMG as auditor, a new 2026 Long-Term Incentive Plan, and a stockholder proposal on special shareholder meetings, which the Board opposes.
The proxy highlights 2025 execution on strategy, including closing the LS Power acquisition of 18 natural gas plants totaling 13 GW, returning $1.65 billion to stockholders through $1.3 billion of share repurchases and $350 million of dividends, and securing low-cost financing for three Texas Energy Fund projects totaling 1.5 GW.
NRG reports serving about eight million customers, operating roughly 25 GW of generation, selling 154 TWh of electricity and 1,857 MMDth of natural gas in 2025, and achieving a 47% greenhouse gas reduction versus 2014, while reaffirming a net-zero 2050 goal and expanded sustainability governance.
The filing outlines governance practices such as annual director elections, majority voting in uncontested elections, proxy access, fully independent key committees, and a Board transition where CEO and Chair Lawrence Coben will step down on April 30, 2026, with President Robert Gaudette becoming CEO and director and Lead Independent Director Antonio Carrillo becoming Chair.