NRG Energy President & CEO Receives Dividend Equivalent Rights

Executive Summary

On November 4, 2026, NRG Energy, Inc. ($NRG) filed a Form 4 disclosing that President & CEO Robert J. Gaudette acquired 78 shares of common stock on November 2, 2026. The acquisition was executed at $0.00 per share as part of dividend equivalent rights accrued on outstanding deferred or restricted stock units.

Transaction Details

• Reporting Owner: Robert J. Gaudette (President & CEO, Director)
• Security: Common Stock, par value $.01 per share
• Transaction Code: A (Award / Grant)
• Shares Acquired: 78
• Price per Share: $0.00
• Total Transaction Value: $0.00
• Post-Transaction Beneficial Ownership: 64,148 shares (Direct)

Footnote Context

According to Footnote (1), the shares reflect dividend equivalent rights accrued on deferred stock units and/or restricted stock units. These rights become exercisable proportionately with their underlying units and settle exclusively in NRG common stock. The total holdings include 475 dividend equivalent rights and reflect a de minimis adjustment of 1 share due to fractional rounding.

Market & Trading Significance

The trading significance of this filing is Low. This transaction represents a routine equity compensation accrual rather than open-market buying or selling activity, providing no direct directional signal regarding executive market sentiment.