Kinney Virginia 4
Research Summary
AI-generated summary
NRG Exec VP Virginia Kinney Receives Award of 31 Shares
What Happened
- Virginia Kinney, Executive Vice President & Chief Administrative Officer of NRG Energy (NRG), acquired 31 shares via an award/other acquisition (Form 4 reported 2026-02-04 for a 2026-02-02 transaction). No purchase price or total dollar value was reported (price listed as N/A).
- The filing notes these are dividend equivalent rights tied to deferred stock units and/or restricted stock units and may only be settled in NRG common stock.
Key Details
- Transaction date: 2026-02-02; Form 4 filed: 2026-02-04 (timely filing).
- Transaction type: A (award/grant/other acquisition); price and aggregate value: N/A.
- Footnote: Represents dividend equivalent rights that become exercisable proportionately with the underlying units and are settled in common stock. Each dividend equivalent right equals one share.
- Filing notes "Includes 242 dividend equivalent rights" (per the footnote).
- Shares owned after the transaction: not specified in the provided filing data.
Context
- Dividend equivalent rights are not a cash purchase or sale; they reflect additional shares payable based on dividends on deferred or restricted stock and typically settle in company stock. Such awards are routine compensation-related transactions and do not by themselves indicate the insider’s market view.