Cox Heather 4
Research Summary
AI-generated summary
NRG Director Heather Cox Receives Award of 81 Shares
What Happened
- Heather Cox, a director of NRG Energy, was granted/received 81 dividend-equivalent rights (transaction code A) on 2026-02-02. The filing shows no per-share price (N/A) and no dollar total disclosed. The award represents dividend equivalents that will be settled in NRG common stock and become exercisable proportionately with the underlying deferred or restricted stock units.
Key Details
- Transaction date: 2026-02-02; Form 4 filed: 2026-02-04 (appears timely; Form 4s are normally due within two business days).
- Shares/units acquired: 81 dividend-equivalent rights recorded as "Acquired" (price N/A).
- Shares owned after transaction: not specified in the provided summary.
- Footnote: the reported amount includes 2,412 dividend-equivalent rights accrued on the Reporting Person's deferred/restricted stock units; each dividend equivalent equals the economic equivalent of one share and may only be settled in NRG common stock.
- Transaction type: A = Award/Grant (not an open-market purchase or sale).
Context
- Dividend-equivalent rights are credits that mirror cash dividends on deferred or restricted stock units and are typically settled in company stock when the underlying units become exercisable; they do not reflect an out-of-pocket purchase by the insider.
- Such awards are common forms of director compensation or deferred payouts and should be interpreted as compensation-related grants rather than a direct buy or sell signal.