NRG Energy (NYSE: NRG) director awarded 149 dividend equivalent rights
Rhea-AI Filing Summary
NRG Energy director Matthew Carter Jr reported an acquisition of 149 dividend equivalent rights tied to deferred stock units and/or restricted stock units, with a per-right price of $0.00. Each right is economically equivalent to one share of NRG common stock. Following this award, Carter directly holds 43,693 shares. A footnote states that this position includes 5,532 dividend equivalent rights, which become exercisable proportionately with the underlying units and may only be settled in NRG common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 149 shares
Net Buy
1 txn
Insider
Carter Matthew Jr
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $.01 per share F1 | 149 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock, par value $.01 per share — 43,693 shares (Direct)
Footnotes (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 5,532 dividend equivalent rights.
Key Figures
Dividend equivalent rights awarded: 149 rights
Award price per right: $0.00 per right
Total shares following transaction: 43,693 shares
+1 more
4 metrics
Dividend equivalent rights awarded
149 rights
Grant/award acquisition on 2026-08-03
Award price per right
$0.00 per right
Reported transaction price for the 149 rights
Total shares following transaction
43,693 shares
Director’s direct NRG common stock holdings after the award
Dividend equivalent rights referenced
5,532 rights
Footnote states: "Includes 5,532 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
"dividend equivalent rights 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
"dividend equivalent rights 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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did NRG (NRG) director Matthew Carter Jr report?
Director Matthew Carter Jr reported an acquisition of 149 dividend equivalent rights linked to deferred and/or restricted stock units at a price of $0.00 per right. These rights are economically equivalent to NRG common shares and settle only in stock, not cash.
What are the dividend equivalent rights mentioned in NRG (NRG)'s Form 4 filing?
The filing describes dividend equivalent rights as amounts accrued on deferred stock units and/or restricted stock units. They become exercisable proportionately with the underlying units, may only be settled in NRG common stock, and each right is the economic equivalent of one share of NRG common stock.
Is the NRG (NRG) insider transaction under a Rule 10b5-1 trading plan?
The Rule 10b5-1 checkbox is not marked as plan-based, and the transaction is coded as a grant or award acquisition. The reported activity reflects stock-based compensation mechanics instead of discretionary buying or selling under a pre-arranged trading plan.