NRG director Spencer awarded 248 dividend equivalents
NRG Energy director Abraham Spencer reported a routine share-related accrual.
Rhea-AI Filing Summary
NRG Energy director Abraham Spencer reported a routine share-related accrual. On February 2, 2026, he acquired 248 shares of common stock at no cost, tied to dividend equivalent rights on his deferred or restricted stock units. After this, he directly owned 84,912 common shares. The footnote explains these dividend equivalent rights mirror NRG’s dividends and are economically equal to one share each, and may only be settled in NRG common stock, including 12,730 such dividend equivalent rights.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 248 shares
Grant/Award
1 txn
Insider
Abraham Spencer
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $.01 per share | 248 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock, par value $.01 per share — 84,912 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 12,730 dividend equivalent rights.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did NRG director Abraham Spencer report?
NRG director Abraham Spencer reported acquiring 248 shares of NRG common stock on February 2, 2026. The transaction reflects dividend equivalent rights credited on his deferred or restricted stock units, with no cash price per share disclosed in the filing.
What are the dividend equivalent rights mentioned in NRG insider filing?
The filing states that dividend equivalent rights accrue on Spencer’s deferred or restricted stock units. Each right is the economic equivalent of one NRG common share, becomes exercisable proportionately with the related units, and may only be settled in NRG common stock, including 12,730 rights outstanding.
Was the NRG insider transaction a purchase for cash?
No, the acquisition of 248 NRG shares is coded as an A transaction at a reported price of $0.0000 per share. The Form 4 explains these represent dividend equivalent rights credited on existing stock units, rather than an open-market cash purchase.
Is Abraham Spencer’s NRG ownership direct or indirect after this filing?
The Form 4 reports direct ownership for the 84,912 NRG shares held following the transaction, indicated by the “D” ownership code. No indirect ownership entity or nature of indirect beneficial ownership is specified in the provided filing excerpt.
AI-generated analysis. How Rhea-AI works. Not financial advice.