Director Alexander Pourbaix adds 32 NRG (NYSE: NRG) dividend equivalents

Rhea-AI Filing Summary

NRG Energy director Alexander J. Pourbaix reported an automatic acquisition of 32 shares of NRG common stock on February 2, 2026. These represent dividend equivalent rights accrued on his deferred or restricted stock units, with each right equal in value to one NRG common share.

Following this transaction, Pourbaix beneficially owns 17,187 shares of NRG common stock directly, which includes 252 dividend equivalent rights that may only be settled in NRG common stock.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Pourbaix Alexander J

(Last) (First) (Middle)

804 CARNEGIE CENTER

(Street)

PRINCETON NJ 08540

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
NRG ENERGY, INC. [ NRG ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
02/02/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock, par value $.01 per share	02/02/2026		A		32	A	(1)	17,187	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents dividend equivalent rights accrued on the Reporting Person's deferred and or restricted stock units, which become exercisable proportionately with the underlying units to which they relate and may only be settled in NRG common stock. Each dividend equivalent right is the economic equivalent of one share of NRG common stock. Includes 252 dividend equivalent rights.

	/s/ Christine Zoino, by Power of Attorney	02/04/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did NRG (NRG) director Alexander Pourbaix report?

Alexander J. Pourbaix reported an automatic acquisition of 32 NRG common shares. The Form 4 shows these as dividend equivalent rights linked to his deferred or restricted stock units, each economically equal to one NRG common share and settled only in NRG stock.

On what date did the reported NRG (NRG) insider transaction occur?

The reported NRG insider transaction occurred on February 2, 2026. On that date, director Alexander J. Pourbaix accrued 32 dividend equivalent rights tied to his deferred or restricted stock units, which are treated as the economic equivalent of NRG common shares.

How many NRG (NRG) shares does Alexander Pourbaix own after this Form 4?

After the transaction, Alexander J. Pourbaix beneficially owns 17,187 NRG common shares directly. This figure includes 252 dividend equivalent rights that track dividends on his deferred or restricted stock units and can only be settled in NRG common stock.

What are dividend equivalent rights mentioned in the NRG (NRG) Form 4?

Dividend equivalent rights are units that mirror dividends on underlying stock units. For NRG, each dividend equivalent right is the economic equivalent of one share of common stock and becomes exercisable proportionately with related deferred or restricted stock units, settling only in NRG shares.

Was cash paid for the 32 NRG (NRG) shares reported in this Form 4?

No cash was paid for the 32 reported NRG shares. The Form 4 lists a price of $0.0000 per share, reflecting that these were dividend equivalent rights automatically accruing on existing deferred or restricted stock units, rather than open-market purchases.