NRG Energy CEO granted dividend equivalent rights

Accepted by SEC EDGAR 08/05/2026 - 06:00 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

NRG Energy, Inc. reported that President & CEO Robert J. Gaudette acquired 53 dividend equivalent rights tied to deferred and/or restricted stock units on August 3, 2026. Each right is economically equivalent to one share of NRG common stock and can only be settled in stock. After this award, he directly holds 64,069 common shares, including 398 dividend equivalent rights.

Insider Trade Summary

Grant/Award: 53 shares

Grant/Award 1 txn

Insider Gaudette Robert J

Role President & CEO

Type	Security	Shares	Price	Value
Grant/Award	Common Stock, par value $.01 per share F1	53	$0.00	$0.00

Holdings After Transaction: Common Stock, par value $.01 per share — 64,069 shares (Direct)

Holdings Before and After: Common Stock, par value $.01 per share, 64,016 to 64,069 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 398 dividend equivalent rights.

Key Figures

Dividend equivalent rights granted: 53 rights Holdings after transaction: 64,069 shares Dividend equivalent rights included: 398 rights +1 more

4 metrics

Dividend equivalent rights granted 53 rights Non-derivative award on 2026-08-03 to CEO Robert J. Gaudette

Holdings after transaction 64,069 shares Direct NRG common stock holdings following the award

Dividend equivalent rights included 398 rights Dividend equivalent rights included within reported common stock holdings

Transaction price per right $0.0000 per share Reported grant price for the 53 dividend equivalent rights

Key Terms

dividend equivalent rights, deferred stock units, restricted stock units

3 terms

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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did NRG (NRG) report for its CEO?

NRG Energy reported that CEO Robert J. Gaudette acquired 53 dividend equivalent rights on August 3, 2026. These are stock-based awards linked to deferred or restricted stock units and are the economic equivalent of NRG common shares, settled only in company stock.

How many NRG (NRG) shares or rights does the CEO hold after this Form 4?

Following the reported award, CEO Robert J. Gaudette directly holds 64,069 NRG common shares. This total includes 398 dividend equivalent rights, which each represent the economic equivalent of one share of NRG common stock when settled.

Was the NRG (NRG) CEO’s Form 4 transaction an open-market stock purchase?

No, the Form 4 describes a grant/award acquisition of 53 dividend equivalent rights, not an open-market purchase. The transaction code "A" indicates a compensation-related award, and the per-share transaction price is reported as $0.0000.

What are dividend equivalent rights in NRG (NRG) CEO’s holdings?

Dividend equivalent rights are awards that mirror dividends on underlying stock units and are the economic equivalent of one share of NRG common stock. They accrue on deferred and/or restricted stock units and may only be settled in NRG shares.

How many dividend equivalent rights are included in the NRG (NRG) CEO’s position?

The reported common stock position includes 398 dividend equivalent rights. These rights accrue on the CEO’s deferred stock units and/or restricted stock units and are settled proportionately with those underlying units in NRG common stock.

Was the NRG (NRG) CEO’s Form 4 transaction under a Rule 10b5-1 plan?

The filing’s Rule 10b5-1 checkbox is not marked as affirmative, indicating this grant was not reported as made under a Rule 10b5-1 trading plan. It is presented as a standard equity-based compensation award.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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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

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^*

Gaudette Robert J

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/03/2026

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

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock, par value $.01 per share	08/03/2026		A		53	A	$0.0000(1)	64,069	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 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 398 dividend equivalent rights.

	Christine Zoino, by Power of Attorney	08/05/2026
	** 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.
* Form 4: SEC 1474 (03-26)