NRG Energy SVP granted 13 shares
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.
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Form Type
4
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
Grant/Award: 13 shares
Grant/Award
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 | $0.00 |
Holdings After Transaction:
Common Stock, par value $.01 per share — 7,779 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 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.
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
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.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
