NRG Energy (NRG) executive sells 5,000 shares under 10b5-1 plan

Rhea-AI Filing Summary

NRG Energy Executive VP and Chief Administrative Officer Virginia Kinney sold 5,000 shares of common stock in an open-market transaction at a weighted average price of $156.65 per share. After this sale, she directly holds 55,495 shares. The trades were executed under a pre-arranged Rule 10b5-1 trading plan adopted on August 8, 2025, indicating the sales were scheduled in advance rather than timed discretionarily.

Insights

Equity ownership and insider-trading analyst

Routine pre-planned insider sale of a small portion of holdings.

Executive VP and Chief Administrative Officer Virginia Kinney sold 5,000 shares of NRG Energy common stock at a weighted average of $156.65 per share. Following the transaction, she still directly owns 55,495 shares, so the sale represents only a fraction of her disclosed stake.

The filing notes the trades occurred under a Rule 10b5-1 trading plan adopted on August 8, 2025. Such plans typically automate sales according to preset instructions, reducing the significance of short-term timing. With no derivative positions reported and substantial remaining ownership, this looks like routine portfolio diversification rather than a thesis-changing move.

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).

X

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^*

Kinney Virginia

(Last) (First) (Middle)

804 CARNEGIE CENTER

(Street)

PRINCETON NJ 08540

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
NRG ENERGY, INC. [ NRG ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Exec VP, Chief Admin Officer

3. Date of Earliest Transaction (Month/Day/Year)
03/16/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

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

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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	03/16/2026		S		5,000(1)	D	$156.65	55,495	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. This transaction was executed in multiple trades. The price reported reflects the weighted average sales price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. The sales reported in the Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 8, 2025.

	Christine Zoino, by Power of Attorney	03/17/2026
	** 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.

FAQ

What insider transaction did NRG (NRG) report for Virginia Kinney?

NRG reported that Executive VP and Chief Administrative Officer Virginia Kinney sold 5,000 common shares in an open-market transaction at a weighted average price of $156.65 per share, according to a Form 4 insider filing.

How many NRG (NRG) shares does Virginia Kinney hold after the sale?

After the reported sale, Executive VP and Chief Administrative Officer Virginia Kinney directly holds 55,495 shares of NRG common stock. This indicates she retained a substantial ownership position following the 5,000-share open-market transaction.

Was the NRG (NRG) insider sale by Virginia Kinney under a 10b5-1 plan?

Yes. The Form 4 states Virginia Kinney’s sale was executed under a Rule 10b5-1 trading plan adopted on August 8, 2025, meaning the trades were pre-arranged rather than timed based on short-term market developments.

What price did Virginia Kinney receive for her NRG (NRG) share sale?

The filing reports a weighted average sales price of $156.65 per share for the 5,000 NRG common shares sold. The transaction was executed in multiple trades, with detailed price breakdowns available upon request to the reporting person.

Does the NRG (NRG) Form 4 indicate multiple trades for Virginia Kinney’s sale?

Yes. A footnote explains the transaction was executed in multiple trades, and the reported price is a weighted average. Kinney undertook to provide full details on trade counts and individual prices to regulators, the issuer, or shareholders upon request.

Is Virginia Kinney’s NRG (NRG) stock sale considered an open-market transaction?

Yes. The Form 4 classifies the transaction as an open-market sale of NRG common stock, coded “S.” This reflects a standard sale into the market rather than a private transfer or tax-withholding disposition.