NRG director granted 129 dividend-equivalent shares
NRG Energy director Matthew Carter Jr received an equity-based award tied to his existing units.
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Form Type
4
Rhea-AI Filing Summary
NRG Energy director Matthew Carter Jr received an equity-based award tied to his existing units. He acquired 129 shares of NRG common stock at no cost as dividend equivalent rights linked to deferred or restricted stock units. Following this grant, he directly holds 42,045 shares, including 5,383 dividend equivalent rights that mirror the value of NRG common stock.
Insider Trade Summary
Grant/Award: 129 shares
Grant/Award
1 txn
Insider
Carter Matthew Jr
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $.01 per share | 129 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock, par value $.01 per share — 42,045 shares (Direct)
Footnotes (1)
- F1. Represents dividend equivalent rights accrued on the Reporting Person's deferred 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 5,383 dividend equivalent rights.
Key Figures
Shares granted: 129 shares
Grant price: $0.00 per share
Post-transaction holdings: 42,045 shares
+1 more
4 metrics
Shares granted
129 shares
Dividend equivalent rights grant on common stock
Grant price
$0.00 per share
Price for awarded dividend equivalent rights
Post-transaction holdings
42,045 shares
Total direct NRG common stock after grant
Dividend equivalent rights
5,383 rights
Economic equivalent of NRG common shares
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 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
"accrued on the Reporting Person's deferred 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
"accrued on the Reporting Person's deferred 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did NRG (NRG) director Matthew Carter Jr report?
Director Matthew Carter Jr reported receiving 129 NRG common shares as a grant of dividend equivalent rights, tied to his deferred or restricted stock units. These awards are compensation-related, cost him nothing per share, and settle only in NRG common stock.
What are dividend equivalent rights in the NRG (NRG) Form 4 filing?
Dividend equivalent rights give the holder the economic equivalent of NRG common stock dividends on deferred or restricted stock units. In this filing, each right equals one NRG share in value and can only be settled in NRG common stock upon vesting or settlement.
How many dividend equivalent rights does the NRG (NRG) director now have?
The filing states the holdings include 5,383 dividend equivalent rights tied to deferred or restricted stock units. Each right is economically equal to one NRG common share and becomes exercisable proportionately with the underlying units as they vest over time.
Was the NRG (NRG) insider transaction a market purchase or sale?
No, the transaction was not a market trade. It is coded as an “A” transaction, meaning a grant or award acquisition. The director received 129 dividend equivalent rights at a price of $0.00 per share as part of equity-based compensation.
AI-generated analysis. How Rhea-AI works. Not financial advice.
