Spencer Gerald Alfred 4

What Happened

• Spencer Gerald Alfred, Senior Vice President & Chief Accounting Officer of NRG (NRG), was credited with an award/acquisition of 13 shares on 2026-02-02. The filing lists the transaction type as an award (code A); no per-share price or total dollar value is reported (N/A). This reflects dividend-equivalent rights tied to deferred stock units or restricted stock units rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-02-02; Form 4 filed: 2026-02-04 (timely filing within the usual two-business-day window).
• Transaction type: Award/other acquisition (code A).
• Shares recorded: 13 shares acquired; price and total value: N/A (non-cash dividend-equivalent award).
• Shares owned after transaction: Not disclosed in the filing.
• Footnote: The award represents dividend equivalent rights accrued on the reporting person’s deferred stock units and/or restricted stock units that become exercisable proportionately with the underlying units and may only be settled in NRG common stock. Each dividend-equivalent right equals the economic equivalent of one share; filing notes “Includes 99 dividend equivalent rights.”
• No 10b5-1, tax withholding, or sale information reported for this entry.

Context

• Dividend-equivalent rights are a form of compensation that track dividends on deferred equity awards and are typically settled in company shares when the underlying units vest or are paid out. This is a non-cash, compensatory credit and does not necessarily indicate the insider is buying or selling stock based on personal market views.