NRG (NRG) EVP & General Counsel receives 40-share stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
NRG ENERGY, INC. Executive Vice President and General Counsel Brian Curci received a grant of 40 shares of common stock as a compensation-related award. The shares were acquired at a stated price of $0.00 per share and are held as direct ownership.
Following this award, Curci directly holds 46,194 shares of NRG common stock. A related footnote explains that dividend equivalent rights accrue on his deferred stock units and restricted stock units, each right being economically equivalent to one NRG share, and notes that his holdings include 297 such dividend equivalent rights.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Curci Brian
Role
Exec VP & General Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $.01 per share | 40 | $0.00 | -- |
Holdings After Transaction:
Common Stock, par value $.01 per share — 46,194 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 40 shares
Grant price: $0.00 per share
Shares held after: 46,194 shares
+1 more
4 metrics
Shares granted
40 shares
Common stock grant to Brian Curci on 2026-05-01
Grant price
$0.00 per share
Stated transaction price for awarded shares
Shares held after
46,194 shares
Direct NRG common stock holdings following transaction
Dividend equivalent rights
297 rights
Each right economically equivalent to one NRG share
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 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
"dividend equivalent rights 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
"dividend equivalent rights 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.
FAQ
What insider transaction did NRG (NRG) report for Brian Curci?
NRG reported that Executive Vice President and General Counsel Brian Curci received a grant of 40 shares of common stock. This award was recorded at a price of $0.00 per share, reflecting a compensation-related, non-market acquisition rather than an open-market purchase.
What are dividend equivalent rights mentioned in the NRG (NRG) Form 4?
Dividend equivalent rights accrue on Curci’s deferred stock units and restricted stock units. Each right is economically equivalent to one NRG common share and becomes exercisable proportionately with the related units, with the filing noting that his holdings include 297 such dividend equivalent rights.
Is the NRG (NRG) Form 4 transaction a buy or a grant for Brian Curci?
The Form 4 classifies the event as a grant or award acquisition, not an open-market buy. The transaction uses code A, indicating shares were awarded as part of compensation rather than purchased, and are recorded at a price of $0.00 per share.