NRG Energy (NYSE: NRG) SVP gets stock award, now holds 7,779 shares

Rhea-AI Filing Summary

NRG ENERGY, INC. reported that SVP & Chief Accounting Officer Gerald Alfred Spencer acquired 13 shares of NRG common stock as a grant or award at no cost. Following this award, he directly holds 7,779 shares of NRG common stock.

A related footnote explains that dividend equivalent rights on deferred and restricted stock units accrue and may be settled in NRG common stock, and that his position also reflects dividend equivalent rights and shares acquired under NRG's Employee Stock Purchase Plan since his last filing.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Spencer Gerald Alfred

Role SVP & Chief Accounting Officer

Type	Security	Shares	Price	Value
Grant/Award	Common Stock, par value $.01 per share	13	$0.00	--

Holdings After Transaction: Common Stock, par value $.01 per share — 7,779 shares (Direct, null)

Footnotes (1)

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Key Figures

Shares granted: 13 shares Price per granted share: $0.0000 per share Shares held after transaction: 7,779 shares +2 more

5 metrics

Shares granted 13 shares Stock grant to SVP & Chief Accounting Officer

Price per granted share $0.0000 per share Grant or award acquisition

Shares held after transaction 7,779 shares Direct NRG common stock ownership after grant

Dividend equivalent rights 112 rights Accrued on deferred and restricted stock units

ESPP shares since last filing 108 shares Acquired under NRG's Employee Stock Purchase Plan

Key Terms

dividend equivalent rights, deferred stock units, restricted stock units, Employee Stock Purchase Plan

4 terms

dividend equivalent rights financial

"Represents dividend equivalent rights accrued on the Reporting Person's deferred stock units and or restricted 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.

Employee Stock Purchase Plan financial

"Includes 112 dividend equivalent rights and 108 shares acquired under NRG's Employee Stock Purchase Plan since the Reporting Person's last filing"

An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.

Form 4 Insider Transactions: What Each Field Means →

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^*

Spencer Gerald Alfred

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP & Chief Accounting Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/01/2026

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	05/01/2026		A		13	A	(1)	7,779	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 are related and may only be settled in NRG common stock. Each dividend right is the economic equivalent of one share of NRG common stock. Includes 112 dividend equivalent rights and 108 shares acquired under NRG's Employee Stock Purchase Plan since the Reporting Person's last filing.

	/s/ Christine Zoino, by Power of Attorney	05/05/2026
	** 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)

FAQ

What insider transaction did NRG (NRG) report for Gerald Alfred Spencer?

NRG reported that SVP & Chief Accounting Officer Gerald Alfred Spencer received 13 shares of common stock as a grant or award at no cost. This is a compensation-related acquisition rather than an open-market purchase.

How many NRG (NRG) shares does Gerald Alfred Spencer hold after this Form 4?

After the reported grant, Gerald Alfred Spencer directly holds 7,779 shares of NRG common stock. This figure reflects his updated ownership position as shown in the Form 4 following the 13-share stock award.

Was the NRG (NRG) insider transaction an open-market buy or a stock award?

The transaction was a stock award, not an open-market buy. The Form 4 uses code "A" for grant or other acquisition and shows a price of $0.0000 per share, indicating a compensation-related share grant.

What are dividend equivalent rights mentioned in the NRG (NRG) Form 4 footnote?

The footnote explains that dividend equivalent rights accrue on deferred and restricted stock units and are economically equal to one NRG share each. They become exercisable with the underlying units and may only be settled in NRG common stock.

How do NRG (NRG) Employee Stock Purchase Plan shares factor into this insider filing?

The footnote notes that Spencer’s holdings include 108 shares acquired under NRG's Employee Stock Purchase Plan since his last filing. These plan purchases, along with dividend equivalent rights, contribute to his overall reported equity position.