NRG Energy (NRG) CTO receives 22 dividend equivalent rights

Rhea-AI Filing Summary

NRG ENERGY, INC. executive vice president and chief technology officer Dak Liyanearachchi received an award of 22 shares of common stock on May 1, 2026, recorded as a grant/acquisition at a price of $0.0000 per share.

After this award, Liyanearachchi directly holds 63,679 shares of NRG common stock. The award reflects dividend equivalent rights tied to deferred stock units and restricted stock units, which are economically equivalent to NRG common stock and may only be settled in NRG shares, including 151 dividend equivalent rights.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Liyanearachchi Dak

Role Exec VP, Chief Technology Ofc.

Type	Security	Shares	Price	Value
Grant/Award	Common Stock, par value $.01 per share	22	$0.00	--

Holdings After Transaction: Common Stock, par value $.01 per share — 63,679 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Shares granted: 22 shares Grant price: $0.0000 per share Total shares held: 63,679 shares +1 more

4 metrics

Shares granted 22 shares Grant of common stock on May 1, 2026

Grant price $0.0000 per share Non-derivative award, code A

Total shares held 63,679 shares Direct holdings after reported transaction

Dividend equivalent rights 151 rights Economically equivalent to NRG common stock

Key Terms

dividend equivalent rights, deferred stock units, restricted stock units, economic equivalent of one share

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

"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

"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.

economic equivalent of one share financial

"Each dividend right is the economic equivalent of one share of NRG common stock."

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^*

Liyanearachchi Dak

(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)
	Exec VP, Chief Technology Ofc.

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		22	A	(1)	63,679	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 151 dividend equivalent rights.

	/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 did NRG (NRG) executive Dak Liyanearachchi report in this Form 4?

Dak Liyanearachchi reported receiving 22 shares of NRG common stock as a grant on May 1, 2026. This non-market award increases his direct holdings to 63,679 shares, reflecting compensation rather than an open-market purchase or sale.

Is the NRG (NRG) Form 4 transaction an open-market trade or a grant?

The Form 4 shows a grant, coded “A” for grant, award, or other acquisition, not an open-market trade. The 22 shares were acquired at $0.0000 per share as part of compensation, rather than through buying or selling in the market.

How many NRG (NRG) shares does Dak Liyanearachchi hold after this Form 4?

Following the reported grant, Dak Liyanearachchi directly holds 63,679 shares of NRG common stock. This total includes his existing holdings plus the additional 22 shares awarded on May 1, 2026, as reflected in the Form 4 filing.

What are dividend equivalent rights mentioned in the NRG (NRG) filing?

Dividend equivalent rights in this filing are amounts accrued on deferred stock units and restricted stock units. Each right is economically equivalent to one NRG common share and becomes exercisable with the related units, only to be settled in NRG common stock, including 151 such rights.

Does the NRG (NRG) Form 4 indicate any derivative option exercises?

No derivative option exercises are indicated in this Form 4. The filing reports only a non-derivative grant of 22 shares of common stock, with no derivative transactions listed and an empty derivative summary section for this reporting period.