Director Heather Cox receives 1,422-share equity award at NRG (NYSE: NRG)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
NRG Energy director Heather Cox reported a stock award under the company’s long-term incentive plan. On June 1, 2026, she acquired 1,422 shares of NRG common stock at no cost through Deferred Stock Units, each equivalent in value to one share.
After this grant and related conversion, Cox directly holds 43,611 shares of NRG common stock, which includes 1,745 Dividend Equivalent Rights that track dividends on prior awards. The transaction reflects routine equity compensation rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Cox Heather
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $.01 per share | 1,422 | $0.00 | -- |
Holdings After Transaction:
Common Stock, par value $.01 per share — 43,611 shares (Direct, null)
Footnotes (1)
- Represents 1,422 Deferred Stock Units issued to the Reporting Person under NRG Energy, Inc.'s Long-Term Incentive Plan. Each Deferred Stock Unit was equivalent in value to one share of NRG Energy, Inc.'s Common Stock, par value $.01 per share. On June 1, 2026, the Reporting Person received from NRG Energy, Inc. one such share of Common Stock in exchange for each Deferred Stock Unit they were issued on that same date. Includes 1,745 Dividend Equivalent Rights.
Key Figures
Stock award shares: 1,422 shares
Award price: $0.00 per share
Shares after transaction: 43,611 shares
+2 more
5 metrics
Stock award shares
1,422 shares
Deferred Stock Units converted to NRG common stock on June 1, 2026
Award price
$0.00 per share
Grant/award acquisition under Long-Term Incentive Plan
Shares after transaction
43,611 shares
Total NRG common stock directly held by Heather Cox following the award
Dividend Equivalent Rights
1,745 units
Included within Cox’s post-transaction holdings of NRG equity
Transaction type
Grant, award, or other acquisition
SEC Form 4 code A, classified as acquisition
Key Terms
Deferred Stock Units, Long-Term Incentive Plan, Dividend Equivalent Rights, Grant, award, or other acquisition, +1 more
5 terms
Deferred Stock Units financial
"Represents 1,422 Deferred Stock Units issued to the Reporting Person under NRG Energy, Inc.'s Long-Term Incentive Plan."
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
Long-Term Incentive Plan financial
"Represents 1,422 Deferred Stock Units issued to the Reporting Person under NRG Energy, Inc.'s Long-Term Incentive Plan."
A long-term incentive plan is a company program that pays executives or employees with stock, options, or cash tied to multi-year performance goals, where the rewards become theirs only after meeting conditions over time. Think of it as a delayed bonus or retirement-style reward that aligns employees’ interests with shareholders by encouraging them to boost long-term value; investors watch these plans because they affect pay costs, share dilution and management incentives.
Dividend Equivalent Rights financial
"Includes 1,745 Dividend Equivalent Rights."
Dividend equivalent rights are promises that mirror the cash payments shareholders get from a company’s profits, but they are paid to holders of certain awards (like stock options or restricted stock units) rather than to actual shares. Think of them as a paycheck top‑up that matches dividends while the award is not yet a real stock, and they matter to investors because they add to employee compensation costs and potential share dilution, affecting company profitability and per‑share value.
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What did NRG (NRG) director Heather Cox report in this Form 4?
Heather Cox reported receiving 1,422 NRG common shares on June 1, 2026 through a Deferred Stock Unit award under NRG’s Long-Term Incentive Plan, a form of equity compensation rather than an open-market stock purchase or sale.
What are Deferred Stock Units in the context of NRG’s Long-Term Incentive Plan?
Deferred Stock Units are awards that track NRG’s common stock value and convert into actual shares. On June 1, 2026, each of Heather Cox’s 1,422 Deferred Stock Units was exchanged for one NRG common share, expanding her direct stock ownership stake.
What are the 1,745 Dividend Equivalent Rights mentioned in Heather Cox’s NRG holdings?
Dividend Equivalent Rights mirror dividends on underlying equity awards. Heather Cox’s 43,611 NRG shares include 1,745 such rights, which accumulate based on dividends paid on NRG common stock and are typically paid or converted according to the plan’s terms.