Gaudette Robert J 4

What Happened

• Robert J. Gaudette, President of NRG Energy (NRG), was granted/received 49 shares (transaction code A) on February 2, 2026. The filing lists the price as N/A, indicating this was an award/grant rather than an open-market purchase.
• A footnote states the report includes 298 dividend equivalent rights accrued on the reporting person’s deferred stock units/restricted stock units; each dividend equivalent equals one share and may only be settled in NRG common stock.

Key Details

• Transaction date: 2026-02-02 (Form 4 filed 2026-02-04). No late filing flag—filed within the normal 2-business-day window.
• Transaction type/code: A = Award/Grant (acquisition). Reported price: N/A (compensation award, not a market trade).
• Shares owned after transaction: Not disclosed in the provided filing summary.
• Footnote: F1 — 298 dividend-equivalent rights tied to deferred/restricted units; they become exercisable proportionately with the underlying units and settle in NRG stock.

Context

• Awards like this are typically part of executive compensation (restricted or deferred stock units and dividend equivalents) and do not necessarily signal the insider’s view on the stock price.
• Dividend equivalent rights represent additional economic exposure that will convert to shares when underlying units vest/settle; the filing does not indicate any immediate sale or cashless exercise.