STOCK TITAN

NRG (NYSE: NRG) EVP granted 31 dividend-equivalent common shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

NRG Energy executive Virginia Kinney reported a small share accrual from dividend equivalents. On 02/02/2026, she acquired 31 shares of NRG common stock at a reported price of $0.00 per share, reflecting dividend equivalent rights on her deferred or restricted stock units.

After this transaction, she beneficially owned 60,495 shares of NRG common stock in direct form. A related footnote explains that each dividend equivalent right is economically equal to one NRG share and that these rights vest in step with the underlying stock units, with the disclosure noting that this includes 242 dividend equivalent rights.

Positive

  • None.

Negative

  • None.
Insider Kinney Virginia
Role Exec VP, Chief Admin Officer
Type Security Shares Price Value
Grant/Award Common Stock, par value $.01 per share 31 $0.00 --
Holdings After Transaction: Common Stock, par value $.01 per share — 60,495 shares (Direct)
Footnotes (1)
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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*
Kinney Virginia

(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 Admin Officer
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 31 A (1) 60,495 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 242 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.

FAQ

What did NRG (NRG) executive Virginia Kinney report in this Form 4?

Virginia Kinney reported acquiring 31 shares of NRG common stock on February 2, 2026. The shares reflect dividend equivalent rights tied to her deferred or restricted stock units and were reported at a price of $0.00 per share as part of her compensation structure.

How many NRG (NRG) shares does Virginia Kinney own after this transaction?

After the reported transaction, Virginia Kinney beneficially owned 60,495 shares of NRG common stock directly. This total includes shares accumulated over time, including those from dividend equivalent rights associated with her deferred and restricted stock unit awards.

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

Dividend equivalent rights are credits that mirror dividends on deferred or restricted stock units, economically equal to one share each. They vest proportionately with the related units and may be settled only in NRG common stock, aligning executive compensation with shareholder returns.

What was the transaction price for the NRG (NRG) shares reported by Virginia Kinney?

The filing lists the transaction price per share as $0.00 for the 31 NRG common shares. This reflects that the shares resulted from dividend equivalent rights tied to existing equity awards, rather than an open-market purchase or sale for cash consideration.

Does the NRG (NRG) Form 4 mention additional dividend equivalent rights held by Virginia Kinney?

Yes. A footnote states the disclosure includes 242 dividend equivalent rights. Each right is economically equivalent to one NRG common share and vests along with the underlying deferred or restricted stock units to which it relates, with settlement only in NRG common stock.