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NRG Energy (NRG) director granted 2,619 deferred stock units as compensation

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

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.

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Insider Pourbaix Alexander J
Role null
Type Security Shares Price Value
Grant/Award Common Stock, par value $.01 per share 2,619 $0.00 --
Holdings After Transaction: Common Stock, par value $.01 per share — 19,837 shares (Direct, null)
Footnotes (1)
  1. 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. Includes 283 Dividend Equivalent Rights.
Deferred Stock Units granted 2,619 units Equity award under Long-Term Incentive Plan
Holdings after transaction 19,837 shares/units Total direct position following grant
Dividend Equivalent Rights 283 rights Included within reported holdings
Grant price $0.00 per unit Non-cash compensation grant
Transaction date 2026-06-01 Date of Deferred Stock Unit award
Deferred Stock Units financial
"Represents 2,619 Deferred Stock Units issued to the Reporting Person under NRG Energy, Inc.'s Long-Term Incentive Plan."
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.
Long-Term Incentive Plan financial
"Deferred Stock Units issued to the Reporting Person under NRG Energy, Inc.'s Long-Term Incentive Plan."
A long-term incentive plan is a company program that pays executives or employees with stock, options, or cash tied to multi-year performance goals, where the rewards become theirs only after meeting conditions over time. Think of it as a delayed bonus or retirement-style reward that aligns employees’ interests with shareholders by encouraging them to boost long-term value; investors watch these plans because they affect pay costs, share dilution and management incentives.
Dividend Equivalent Rights financial
"Includes 283 Dividend Equivalent Rights."
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.
Common Stock, par value $.01 per share financial
"Common Stock, par value $.01 per share"
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SEC Form 4
FORM 4UNITED 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*
Pourbaix Alexander J

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock, par value $.01 per share06/01/2026A2,619(1)A$0.000019,837(2)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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. 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.
2. Includes 283 Dividend Equivalent Rights.
Christine Zoino, by Power of Attorney06/03/2026
** Signature of Reporting PersonDate
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)

FAQ

What did NRG (NRG) disclose about Alexander J. Pourbaix’s latest Form 4?

NRG reported an equity award to director Alexander J. Pourbaix. He received 2,619 Deferred Stock Units under the Long-Term Incentive Plan, increasing his direct holdings to 19,837 shares or units tied to NRG common stock.

How many NRG (NRG) Deferred Stock Units were granted to Alexander J. Pourbaix?

Alexander J. Pourbaix was granted 2,619 Deferred Stock Units. These units are issued under NRG Energy’s Long-Term Incentive Plan and each unit is equivalent in value to one share of NRG common stock, delivered when his board service ends.

Are Alexander J. Pourbaix’s new NRG (NRG) Deferred Stock Units an open-market purchase?

No, the units are a compensation grant, not a market buy. The 2,619 Deferred Stock Units were issued at no cash cost under NRG’s Long-Term Incentive Plan as a non-cash form of director compensation.

When will Alexander J. Pourbaix receive NRG (NRG) shares for his Deferred Stock Units?

Shares will be delivered when his board service terminates. For each Deferred Stock Unit he owns, he will receive one share of NRG common stock from the company upon the end of his service on the Board of Directors.

What are the Dividend Equivalent Rights mentioned in NRG’s (NRG) Form 4 footnotes?

The filing notes 283 Dividend Equivalent Rights included in the holdings. These rights track dividends on NRG common stock, increasing the value of the director’s deferred equity position alongside the 2,619 Deferred Stock Units.