Kapoor Sanjay 4
Research Summary
AI-generated summary
NRG Director Sanjay Kapoor Receives Award of 4 Dividend Equivalents
What Happened
- Sanjay Kapoor, a director of NRG Energy (NRG), received 4 dividend-equivalent rights as an award on 2026-05-01. The filing shows an award (code A) for 4 units; no cash price or dollar value is reported (N/A). This is a compensation-related grant, not an open-market purchase or sale.
Key Details
- Transaction date: 2026-05-01; Form 4 filed: 2026-05-05 (Accession 0001104659-26-055603)
- Transaction type/code: Award/Grant (A)
- Quantity: 4 dividend-equivalent rights; price per unit: N/A; total value: N/A
- Shares owned after transaction: Not specified in the provided filing details
- Footnote: These are dividend equivalent rights that accrue on deferred or restricted stock units, become exercisable proportionately with the underlying units, and may only be settled in NRG common stock. Each right is economically equivalent to one share; this grant includes 4 such rights.
Context
- Dividend-equivalent rights are a form of compensation tied to restricted/deferred stock units and typically indicate routine executive/director compensation rather than a direct buy/sell signal. Because the award is small (4 equivalents) and settlement is in stock, it provides limited insight into the director’s market view.