NRG Energy director awarded 44 stock rights

Pourbaix Alexander J reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

Pourbaix Alexander J reported acquisition or exercise transactions in this Form 4 filing.

NRG Energy, Inc. reported that director Alexander J. Pourbaix received a grant of 44 dividend equivalent rights in its common stock on August 3, 2026. These rights accrued on his deferred and restricted stock units, are economically equivalent to one NRG share each, and may be settled only in stock. They were granted at a price of $0.00 per share and increase his direct holdings to 19,881 shares, including 327 dividend equivalent rights. The transaction was not reported as made under a Rule 10b5-1 trading plan.

Insider Trade Summary

Grant/Award: 44 shares

Grant/Award 1 txn

Insider Pourbaix Alexander J

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock, par value $.01 per share F1	44	$0.00	$0.00

Holdings After Transaction: Common Stock, par value $.01 per share — 19,881 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 327 dividend equivalent rights.

Key Figures

Shares granted: 44 shares Per-share grant price: $0.00 per share Shares held after grant: 19,881 shares +1 more

4 metrics

Shares granted 44 shares Dividend equivalent rights granted on August 3, 2026

Per-share grant price $0.00 per share Price for the 44 dividend equivalent rights

Shares held after grant 19,881 shares Direct holdings of Alexander J. Pourbaix following the transaction

Dividend equivalent rights included 327 rights Portion of holdings represented by 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 Alexander J. Pourbaix?

NRG reported that director Alexander J. Pourbaix received 44 dividend equivalent rights in NRG common stock on August 3, 2026. These rights accrued on his deferred and restricted stock units and are economically equivalent to NRG shares that may be settled only in stock.

How many NRG (NRG) shares does Alexander J. Pourbaix hold after this grant?

After the reported grant, Alexander J. Pourbaix directly holds 19,881 shares of NRG common stock. This total includes 327 dividend equivalent rights, each treated as the economic equivalent of one NRG common share under the company’s stock-based compensation arrangements.

What exactly are the dividend equivalent rights reported in NRG (NRG)’s Form 4?

The filing describes dividend equivalent rights that accrue on deferred stock units and restricted stock units. Each right is the economic equivalent of one share of NRG common stock, becomes exercisable with the related units, and may only be settled in NRG stock.

Was the NRG (NRG) insider transaction under a Rule 10b5-1 trading plan?

The report indicates the transaction was not made under a Rule 10b5-1 trading plan. The document-level 10b5-1 checkbox is explicitly unchecked, so the award of 44 dividend equivalent rights is not identified as part of a pre-arranged trading program.

Did Alexander J. Pourbaix pay cash for the NRG (NRG) dividend equivalent rights?

No cash was paid for this award; the per-share price is reported as $0.00. The 44 dividend equivalent rights accrued automatically on existing deferred and restricted stock units as part of NRG’s stock-based compensation rather than through an open-market purchase.

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

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Available on EDGAR 08/05/2026 - 06:01 PM Accepted by SEC EDGAR 08/05/2026 - 06:00 PM Learn about SEC filing dates

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^*

Pourbaix Alexander 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
	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)

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		44	A	$0.0000(1)	19,881	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 327 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)