STOCK TITAN

NRG Energy, Inc. (NYSE: NRG) director receives 13 dividend equivalent rights

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Kapoor Sanjay reported acquisition or exercise transactions in this Form 4 filing.

NRG Energy, Inc. reported that director Sanjay Kapoor received a grant of 13.0000 dividend equivalent rights on 2026-08-03, reported as common stock at a per-share price of $0.00. After this award, his directly held position in this line totals 3,934.0000 shares of NRG common stock. According to the disclosure, these dividend equivalent rights accrue on Kapoor’s deferred stock units and/or restricted stock units, become exercisable proportionately with the related units, may only be settled in NRG common stock, and each right is the economic equivalent of one share of NRG common stock; the position includes 17 such dividend equivalent rights.

Positive

  • None.

Negative

  • None.
Insider Kapoor Sanjay
Role Director
Type Security Shares Price Value
Grant/Award Common Stock, par value $.01 per share F1 13 $0.00 $0.00
Holdings After Transaction: Common Stock, par value $.01 per share — 3,934 shares (Direct)
Footnotes (1)
  1. F1. Represents dividend equivalent rights accrued on the Reporting Person's deferred stock units 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 17 dividend equivalent rights.
Dividend equivalent rights granted 13.0000 rights Non-derivative grant reported on 2026-08-03
Holdings after transaction 3934.0000 shares Total directly reported common stock position following the award
Dividend equivalent rights included 17 rights Footnote states the position includes 17 dividend equivalent rights
Transaction price per share 0.0000 Grant or award acquisition at no cash cost per share
Transaction date 2026-08-03 Date of grant for the dividend equivalent rights
dividend equivalent rights financial
"Represents dividend equivalent rights accrued on the Reporting Person's deferred stock units"
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.
deferred stock units financial
"accrued on the Reporting Person's deferred stock units and/or restricted stock units"
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.
restricted stock units financial
"accrued on the Reporting Person's deferred stock units and/or restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
economic equivalent financial
"Each dividend equivalent right is the economic equivalent of one share"

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FAQ

What insider transaction did Sanjay Kapoor report for NRG (NRG)?

Director Sanjay Kapoor reported acquiring 13.0000 dividend equivalent rights, treated as common stock, at $0.00 per share. Following this grant, his directly reported holdings in this line total 3,934.0000 shares of NRG common stock equivalents.

On what date were the new dividend equivalent rights for NRG (NRG) granted?

The 13.0000 dividend equivalent rights reported by Sanjay Kapoor were granted on 2026-08-03. These rights accrue on his deferred and/or restricted stock units and will become exercisable proportionately with the underlying units to which they relate.

How many NRG (NRG) shares does Sanjay Kapoor hold after this Form 4 transaction?

After this award, Sanjay Kapoor’s directly reported position in this line is 3,934.0000 shares of NRG common stock. This total includes 17 dividend equivalent rights, each defined as the economic equivalent of one share of NRG common stock.

What are dividend equivalent rights in the NRG (NRG) insider filing?

Dividend equivalent rights are described as accruing on deferred stock units and/or restricted stock units. They become exercisable proportionately with those underlying units, may only be settled in NRG common stock, and each right is the economic equivalent of one share of NRG common stock.

Did NRG (NRG) director Sanjay Kapoor pay cash for the reported shares?

No cash was paid; the per-share transaction price is reported as $0.00. The Form 4 characterizes the event as a grant or award acquisition of dividend equivalent rights rather than an open-market purchase of NRG common stock.
SEC Form 4
FORM 4UNITED 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
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
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*
Kapoor Sanjay

(Last)(First)(Middle)
804 CARNEGIE CENTER

(Street)
PRINCETON NEW JERSEY 08540

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
NRG ENERGY, INC. [ NRG ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/03/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock, par value $.01 per share08/03/2026A13A$0.0000(1)3,934D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents dividend equivalent rights accrued on the Reporting Person's deferred stock units 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 17 dividend equivalent rights.
Christine Zoino, by Power of Attorney08/05/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)