NRG Energy (NRG) director receives 1,422 deferred stock units as board compensation
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ZLOTNIK MARCIE reported acquisition or exercise transactions in this Form 4 filing.
NRG Energy director Marcie Zlotnik received an equity award in the form of deferred stock units. On this Form 4, she was granted 1,422 Deferred Stock Units under NRG Energy, Inc.'s Long-Term Incentive Plan, with no cash paid per unit.
Each Deferred Stock Unit is equal in value to one share of NRG Energy common stock and will be settled in shares when her service on the Board of Directors ends. After this award, she directly holds 8,692 shares and related units, which include 239 Dividend Equivalent Rights tied to prior awards.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
ZLOTNIK MARCIE
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 — 8,692 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 is equivalent in value to one share of NRG Energy, Inc.'s Common Stock, par value $.01 per share. The Reporting Person will receive from NRG Energy, Inc. one such share of Common Stock for each Deferred Stock Unit they own upon termination of their service on NRG Energy, Inc.'s Board of Directors. Includes 239 Dividend Equivalent Rights.
Key Figures
Deferred Stock Units granted: 1,422 units
Price per unit: $0.0000 per share
Total holdings after transaction: 8,692 shares/units
+2 more
5 metrics
Deferred Stock Units granted
1,422 units
Equity award to director under Long-Term Incentive Plan
Price per unit
$0.0000 per share
Grant, award, or other acquisition with no cash paid
Total holdings after transaction
8,692 shares/units
Shares and related units owned directly after grant
Dividend Equivalent Rights
239 rights
Included within director’s total stock-based holdings
Security type
Common Stock, par value $.01
Underlying security for the Deferred Stock Units
Key Terms
Deferred Stock Units, Long-Term Incentive Plan, Dividend Equivalent Rights, Common Stock, par value $.01 per share
4 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
"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 239 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.
FAQ
What insider transaction did NRG (NRG) report for Marcie Zlotnik?
NRG reported that director Marcie Zlotnik received 1,422 Deferred Stock Units as an equity award. The units were granted under NRG’s Long-Term Incentive Plan and carry no cash exercise price, representing additional stock-based compensation.
What are the 239 Dividend Equivalent Rights mentioned for NRG (NRG)?
The filing notes that Marcie Zlotnik’s holdings include 239 Dividend Equivalent Rights. These typically mirror dividends on underlying awards by granting additional units, increasing her total stock-based compensation in line with NRG’s dividend activity.