STOCK TITAN

NRG (NYSE: NRG) CFO Bruce Chung credited 59 dividend-equivalent shares

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

Rhea-AI Filing Summary

NRG Energy EVP & CFO Bruce Chung reported a small increase in his direct ownership of NRG common stock. On February 2, 2026, he acquired 59 shares of common stock at a price of $0.00 per share, bringing his directly held position to 79,206 shares.

The acquisition represents dividend equivalent rights credited on Chung’s deferred stock units and restricted stock units. These rights vest in step with the related equity awards and can only be settled in NRG common stock, with each right economically equal to one share. The total includes 468 dividend equivalent rights.

Positive

  • None.

Negative

  • None.
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*
Chung Bruce

(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)
EVP & CFO
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 59 A (1) 79,206 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 468 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 insider transaction did NRG (NRG) report for EVP & CFO Bruce Chung?

NRG reported that EVP & CFO Bruce Chung acquired 59 shares of NRG common stock on February 2, 2026. The shares were credited at $0.00 per share as dividend equivalent rights tied to his deferred stock units and restricted stock units.

How many NRG (NRG) shares does Bruce Chung own after this Form 4 filing?

After the reported transaction, Bruce Chung beneficially owns 79,206 shares of NRG common stock directly. This amount includes shares associated with dividend equivalent rights that mirror the value of NRG stock and settle only in NRG common shares.

What are dividend equivalent rights in the NRG (NRG) Bruce Chung Form 4?

Dividend equivalent rights are credits that mirror dividends on deferred stock units and restricted stock units. For Bruce Chung, each right equals one NRG common share economically and becomes exercisable with the underlying awards, settling solely in NRG common stock.

How many dividend equivalent rights are included in Bruce Chung’s NRG (NRG) holdings?

The filing notes that Bruce Chung’s holdings include 468 dividend equivalent rights. These are linked to his deferred stock units and restricted stock units and are designed to track dividends, with each right economically equivalent to one share of NRG common stock.

Was the NRG (NRG) Bruce Chung share acquisition a market purchase?

No, the acquisition was not a traditional market purchase. The 59 shares were credited at $0.00 per share as dividend equivalent rights connected to existing deferred stock unit and restricted stock unit awards rather than bought for cash in the open market.

Is Bruce Chung’s NRG (NRG) Form 4 filing a direct or indirect ownership change?

The Form 4 reports a direct ownership change for Bruce Chung. Following the crediting of 59 shares via dividend equivalent rights, his total directly held NRG common stock position is shown as 79,206 shares with no intermediary entity disclosed.
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