NRG director awarded 2,619 deferred stock units
NRG Energy, Inc. reported that director Alexander J. Pourbaix received an award of 2,619 Deferred Stock Units of common stock.
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Rhea-AI Filing Summary
NRG Energy, Inc. reported that director Alexander J. Pourbaix received an award of 2,619 Deferred Stock Units of common stock. The units were granted at no cash cost as part of the company’s Long-Term Incentive Plan and are a form of equity compensation rather than an open-market purchase.
Each Deferred Stock Unit is equal in value to one share of NRG common stock and will convert into actual shares when Pourbaix’s service on the board ends. The award includes 283 Dividend Equivalent Rights, and after this grant he holds 19,837 shares or units directly.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $.01 per share | 2,619 | $0.00 | $0.00 |
Footnotes (2)
- F1. Represents 2,619 Deferred Stock Units issued to the Reporting Person under NRG Energy, Inc.'s Long-Term Incentive Plan. Each Deferred Stock Unit is equivalent in value to one share of NRG Energy, Inc.'s Common Stock, par value $.01 per share. The Reporting Person will receive from NRG Energy, Inc. one such share of Common Stock for each Deferred Stock Unit they own upon termination of their service on NRG Energy, Inc.'s Board of Directors.
- F2. Includes 283 Dividend Equivalent Rights.
Key Figures
Key Terms
Deferred Stock Units financial
Long-Term Incentive Plan financial
Dividend Equivalent Rights financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did NRG (NRG) disclose about Alexander J. Pourbaix’s latest Form 4?
How many NRG (NRG) Deferred Stock Units were granted to Alexander J. Pourbaix?
Are Alexander J. Pourbaix’s new NRG (NRG) Deferred Stock Units an open-market purchase?
What are the Dividend Equivalent Rights mentioned in NRG’s (NRG) Form 4 footnotes?
AI-generated analysis. How Rhea-AI works. Not financial advice.