NRG Energy, Inc.'s SEC filings document operating results, capital-structure actions, governance matters, and shareholder voting for a North American energy company that provides electricity, natural gas, smart home solutions, and power generation. Recent Form 8-K reports furnish quarterly results and guidance materials, record senior secured and senior unsecured note issuances, and describe tender offers, consent solicitations, guarantees, collateral terms, and related indenture amendments involving NRG and its subsidiaries.
The company's proxy and governance filings cover director elections, executive compensation and employment arrangements, board succession, annual meeting proposals, and final voting results. Other filings identify NRG common stock registered on the New York Stock Exchange and NYSE Texas and document secondary offering agreements and material definitive agreements affecting ownership and financing.
LS Power-affiliated investment entities disclosed a significant ownership stake in NRG Energy, Inc. common stock on a Schedule 13G. Lightning Power Holdings, LLC beneficially owns 19,025,277 shares, representing 8.86% of NRG’s common stock, based on 214,677,543 shares outstanding reported in a recent registration statement.
Through a chain of ownership involving Fund III Lightning Holdings, Granite Energy entities, and LS Power private equity funds, these entities may be deemed to share beneficial ownership of the Lightning Power stake. LS Power Equity Advisors, LLC and its president, David Nanus, may be deemed to beneficially own a total of 24,250,000 shares, or 11.30% of the class, including 5,224,723 shares held by other sellers advised by LS Power Equity Advisors.
A Voting Trust Agreement dated January 30, 2026 places 2,589,007 Lightning Power shares and 710,993 shares from other sellers into a trust, giving the trustee voting rights over 3,300,000 shares. The trustee must generally vote these shares in line with recommendations of NRG’s board or a designated board committee. The filing certifies that the securities were not acquired to change or influence control of NRG, other than in connection with director nomination activities permitted under applicable proxy rules.
NRG Energy CEO and director Lawrence S. Coben reported acquiring 759 shares of NRG common stock on February 2, 2026, coded as an "A" transaction at a price of $0. This reflects dividend equivalent rights accruing on his deferred and restricted stock units. After this transaction, he beneficially owns 412,390 shares of NRG common stock, which include 21,159 dividend equivalent rights, each economically equivalent to one share of NRG common stock.
NRG Energy executive reports small stock acquisition. Exec VP & General Counsel Brian Curci acquired 41 shares of NRG common stock on 02/02/2026 at a price of $0.00 per share, increasing his directly held beneficial ownership to 46,154 shares.
The filing explains these shares represent dividend equivalent rights on deferred stock units and/or restricted stock units, which vest in step with the underlying awards and may only be settled in NRG common stock. Each dividend equivalent right is the economic equivalent of one NRG share, and the position includes 257 such dividend equivalent rights.
NRG Energy, Inc. president Robert J. Gaudette reported an automatic acquisition of 49 shares of common stock on February 2, 2026, coded as an "A" transaction at a price of $0.00 per share. These shares represent dividend equivalent rights that accrue on his deferred stock units or restricted stock units and become exercisable proportionately with the underlying units. Each dividend equivalent right is the economic equivalent of one share of NRG common stock, and the filing notes this includes 298 dividend equivalent rights. Following this transaction, Gaudette beneficially owns 63,969 shares of NRG common stock in direct ownership.
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.
NRG Energy, Inc. executive vice president and chief technology officer Dak Liyanearachchi reported a routine insider transaction. On February 2, 2026, the executive acquired 22 shares of NRG common stock, recorded at a price of $0.00 per share, increasing direct beneficial ownership to 63,657 shares.
According to the footnote, the new shares represent dividend equivalent rights accrued on deferred stock units and/or restricted stock units. These rights become exercisable in step with the related units and may only be settled in NRG common stock, with the disclosure noting 129 dividend equivalent rights in total.
NRG Energy senior vice president and chief accounting officer Gerald Alfred Spencer reported a small automatic share accrual. On 02/02/2026 he acquired 13 shares of NRG common stock at no cost, related to dividend equivalent rights on his deferred or restricted stock units, bringing his directly owned holdings to 7,658 shares.
The filing explains these dividend equivalent rights track dividends on underlying units and are only settled in NRG common stock. Each right is economically equivalent to one NRG share, and the total includes 99 such dividend equivalent rights.
NRG Energy director Abraham Spencer reported a routine share-related accrual. On February 2, 2026, he acquired 248 shares of common stock at no cost, tied to dividend equivalent rights on his deferred or restricted stock units. After this, he directly owned 84,912 common shares. The footnote explains these dividend equivalent rights mirror NRG’s dividends and are economically equal to one share each, and may only be settled in NRG common stock, including 12,730 such dividend equivalent rights.
NRG Energy director Alexandra Pruner reported a small share increase. On February 2, 2026, she acquired 98 shares of NRG common stock at no cost, bringing her direct holdings to 31,027 shares, with another 64 shares held indirectly by her spouse.
The filing explains that the new shares relate to dividend equivalent rights on her deferred or restricted stock units. These rights become exercisable proportionately with the underlying units and may only be settled in NRG common stock. The disclosure notes 3,274 dividend equivalent rights, each economically equal to one NRG share.
NRG Energy director Alexander J. Pourbaix reported an automatic acquisition of 32 shares of NRG common stock on February 2, 2026. These represent dividend equivalent rights accrued on his deferred or restricted stock units, with each right equal in value to one NRG common share.
Following this transaction, Pourbaix beneficially owns 17,187 shares of NRG common stock directly, which includes 252 dividend equivalent rights that may only be settled in NRG common stock.