NRG Energy (NYSE: NRG) CTO receives 24 dividend-equivalent stock rights

Rhea-AI Filing Summary

Liyanearachchi Dak reported acquisition or exercise transactions in this Form 4 filing.

NRG Energy reports that Executive Vice President and Chief Technology Officer Dak Liyanearachchi received a grant of 24 dividend equivalent rights on common stock at a reported price of $0.0000 per right. Following this award, he directly holds 63,703 common-stock-equivalent shares, including 175 dividend equivalent rights.

Insider Trade Summary

Net Buyer: 24 shares

Net Buy 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 F1	24	$0.00	$0.00

Holdings After Transaction: Common Stock, par value $.01 per share — 63,703 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 175 dividend equivalent rights.

Key Figures

Shares acquired: 24.0000 shares Reported price per share: $0.0000 Shares following transaction: 63703.0000 shares +1 more

4 metrics

Shares acquired 24.0000 shares Grant of dividend equivalent rights on 2026-08-03

Reported price per share $0.0000 Non-cash grant of dividend equivalent rights

Shares following transaction 63703.0000 shares Direct common-stock-equivalent holdings after the award

Dividend equivalent rights included 175 rights Total dividend equivalent rights included in reported holdings

Key Terms

dividend equivalent rights, deferred stock units, restricted stock units, economic equivalent

4 terms

dividend equivalent rights financial

"Represents dividend equivalent rights accrued on the Reporting Person's deferred 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

"deferred stock units and/or restricted stock units, which become exercisable proportionately"

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 financial

"Each dividend equivalent right is the economic equivalent of one share"

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Available on EDGAR 08/05/2026 - 06:02 PM Accepted by SEC EDGAR 08/05/2026 - 06:01 PM Learn about SEC filing dates

FAQ

What insider transaction did NRG (NRG) disclose for CTO Dak Liyanearachchi?

NRG disclosed that CTO Dak Liyanearachchi received 24 dividend equivalent rights on NRG common stock as a grant at a reported price of $0.0000 per right. After this award, his direct holdings total 63,703 common-stock-equivalent shares, including these rights.

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

After the reported grant, Dak Liyanearachchi directly holds 63,703 common-stock-equivalent shares of NRG. This total includes 175 dividend equivalent rights, each economically equal to one share of NRG common stock and tied to his deferred or restricted stock units.

What are the 24 units reported in Dak Liyanearachchi’s NRG (NRG) Form 4 filing?

The 24 units are dividend equivalent rights accrued on deferred and/or restricted stock units, each economically equal to one share of NRG common stock. They vest proportionately with the underlying units and may only be settled in NRG common stock, not in cash.

Did NRG (NRG) report any cash price for Dak Liyanearachchi’s recent equity grant?

The grant to Dak Liyanearachchi was reported at a per-unit price of $0.0000, indicating a non-cash award. These 24 dividend equivalent rights accrue as part of his existing deferred or restricted stock units rather than being purchased on the open market.

Are Dak Liyanearachchi’s NRG (NRG) dividend equivalent rights settled in stock or cash?

The filing states that these dividend equivalent rights may only be settled in NRG common stock. Each of the rights is the economic equivalent of one share of NRG common stock and vests in step with the related deferred or restricted stock units.

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)
08/03/2026

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	08/03/2026		A		24	A	$0.0000(1)	63,703	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 175 dividend equivalent rights.

	Christine Zoino, by Power of Attorney	08/05/2026
	** 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)