ZLOTNIK MARCIE 4

What Happened Marcie Zlotnik, a director of NRG Energy (NRG), was reported as receiving an award/acquisition of 22 shares on 2026-05-01. The Form 4 lists the price as N/A, indicating these shares were granted/awarded (not purchased or sold). The filing’s footnote states these are dividend-equivalent rights tied to deferred/restricted stock units and that 239 dividend-equivalent rights are included.

Key Details

• Transaction date: 2026-05-01; Form 4 filed 2026-05-05 (appears timely within required business-day window).
• Transaction type: A (award/grant/acquisition); price reported as N/A (compensation/settlement, not an open-market trade).
• Shares reported: 22 shares acquired; footnote notes 239 dividend-equivalent rights included.
• Shares owned after transaction: not specified in the excerpt of the filing provided.
• Notable footnote: Dividend-equivalent rights accrue on deferred/restricted stock units, vest/proportionately exercisable with the underlying units, and may only be settled in NRG common stock.

Context Dividend-equivalent rights are a form of compensation that mirror the economic value of dividends on underlying restricted or deferred units and are typically settled in stock; they are not the same as an open-market purchase (which some investors view as a stronger bullish signal). Awards to directors are common as part of compensation and do not, by themselves, indicate the director’s view of the company’s near-term prospects.