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NRG Energy (NYSE: NRG) EVP awarded dividend equivalent rights

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

NRG ENERGY, INC. executive Virginia Kinney reported an acquisition of 27 common stock equivalents on August 3, 2026. These represent dividend equivalent rights tied to deferred stock units and/or restricted stock units and may be settled only in NRG common stock. Following this grant, she directly holds 33,993 common stock equivalents, including 194 dividend equivalent rights.

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Insider Kinney Virginia
Role Exec VP, Chief Admin Officer
Type Security Shares Price Value
Grant/Award Common Stock, par value $.01 per share F1 27 $0.00 $0.00
Holdings After Transaction: Common Stock, par value $.01 per share — 33,993 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 194 dividend equivalent rights.
Dividend equivalent rights granted 27 shares Grant/award acquisition on August 3, 2026
Holdings after transaction 33,993 shares Direct common stock equivalents following reported acquisition
Dividend equivalent rights included 194 rights Footnote states holdings include 194 dividend equivalent rights
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
"deferred stock units and/or restricted stock units, which become exercisable proportionately"
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.

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FAQ

What did Virginia Kinney report in the NRG (NRG) Form 4 filing?

Virginia Kinney, Executive Vice President and Chief Administrative Officer of NRG, reported an acquisition of 27 common stock equivalents on August 3, 2026. These are dividend equivalent rights granted at a price of $0.00 per share as a compensation-related award.

How many NRG (NRG) shares or equivalents does Virginia Kinney hold after this transaction?

After the reported award, Virginia Kinney directly holds 33,993 common stock equivalents of NRG. A footnote explains that these holdings include 194 dividend equivalent rights, which are tied to underlying deferred stock units and/or restricted stock units.

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

Dividend equivalent rights are instruments that mirror dividends on deferred stock units or restricted stock units and are economically equivalent to one NRG share each. They become exercisable proportionately with the underlying units and may only be settled in NRG common stock.

Was the NRG (NRG) Form 4 transaction made under a Rule 10b5-1 trading plan?

The Form 4 for NRG shows the Rule 10b5-1 checkbox as not selected. There is no footnote indicating that this grant of dividend equivalent rights was effected pursuant to any pre-arranged Rule 10b5-1 or similar trading plan.

Does this NRG (NRG) Form 4 reflect a market purchase or sale of common stock?

No market purchase or sale is reported. The filing shows a code A transaction, described as a grant or award acquisition of 27 dividend equivalent rights at $0.00 per share, rather than an open-market buy or sell of NRG common stock.

On what date did the reported NRG (NRG) insider transaction occur?

The acquisition of 27 dividend equivalent rights by Virginia Kinney is reported with a transaction date of August 3, 2026. Her resulting direct holdings, including dividend equivalent rights associated with deferred and restricted stock units, are shown as 33,993 common stock equivalents after this date.
SEC Form 4
FORM 4UNITED 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*
Kinney Virginia

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Exec VP, Chief Admin Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/03/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock, par value $.01 per share08/03/2026A27A$0.0000(1)33,993D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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 194 dividend equivalent rights.
Christine Zoino, by Power of Attorney08/05/2026
** Signature of Reporting PersonDate
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)