NRG Energy EVP acquires 22 dividend-equivalent shares

NRG Energy, Inc. executive vice president and chief technology officer Dak Liyanearachchi reported a routine insider transaction.

Rhea-AI Filing Summary

NRG Energy, Inc. executive vice president and chief technology officer Dak Liyanearachchi reported a routine insider transaction. On February 2, 2026, the executive acquired 22 shares of NRG common stock, recorded at a price of $0.00 per share, increasing direct beneficial ownership to 63,657 shares.

According to the footnote, the new shares represent dividend equivalent rights accrued on deferred stock units and/or restricted stock units. These rights become exercisable in step with the related units and may only be settled in NRG common stock, with the disclosure noting 129 dividend equivalent rights in total.

Insider Trade Summary

Grant/Award: 22 shares

Grant/Award 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	$0.00

Holdings After Transaction: Common Stock, par value $.01 per share — 63,657 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 129 dividend equivalent rights.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did NRG (NRG) executive Dak Liyanearachchi report?

Dak Liyanearachchi reported acquiring 22 NRG common shares on February 2, 2026. The Form 4 shows an "A" transaction code at a price of $0.00 per share, reflecting dividend equivalent rights tied to deferred or restricted stock units that settle in NRG common stock.

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

After the reported transaction, Dak Liyanearachchi beneficially owns 63,657 NRG common shares directly. The Form 4 lists this as the amount of securities beneficially owned following the 22-share acquisition recorded on February 2, 2026, under direct ownership.

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

Dividend equivalent rights are awards that mirror dividends on underlying stock units. In this filing, they accrue on deferred stock units and/or restricted stock units, become exercisable proportionately with those units, may be settled only in NRG common stock, and are economically equivalent to one share each.

How many dividend equivalent rights are disclosed for NRG (NRG) executive Dak Liyanearachchi?

The disclosure notes 129 dividend equivalent rights for Dak Liyanearachchi. The footnote explains these rights are tied to deferred stock units and/or restricted stock units and that each dividend equivalent right is the economic equivalent of one share of NRG common stock when settled.

Was the NRG (NRG) insider transaction a purchase, sale, or award?

The transaction is reported with code "A," indicating an acquisition of shares. The 22 NRG common shares were acquired at a reported price of $0.00 per share as dividend equivalent rights linked to existing deferred or restricted stock unit awards, rather than an open-market purchase or sale.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 02/04/2026 - 09:29 PM Learn about SEC filing dates

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 NJ 08540

(City) (State) (Zip)

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.

3. Date of Earliest Transaction (Month/Day/Year)
02/02/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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	02/02/2026		A		22	A	(1)	63,657	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 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 129 dividend equivalent rights.

	/s/ Christine Zoino, by Power of Attorney	02/04/2026
	** 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.