Cox Heather 4
Research Summary
AI-generated summary
NRG Director Heather Cox Receives 79-Share Award
What Happened
- Heather Cox, a director of NRG Energy, received an award of 79 shares on 2026-05-01 (transaction code A — grant/award). The filing reports no per-share price or total cash value (N/A).
Key Details
- Transaction date: 2026-05-01 (Grant/Award).
- Shares acquired: 79 shares; price: N/A; total value: not provided.
- Filing date: 2026-05-05 (filed within the normal two-business-day window).
- Shares owned after the transaction: not specified in this Form 4.
- Footnote: F1 states these are dividend equivalent rights accrued on the Reporting Person’s deferred and/or restricted stock units, which vest/are exercisable proportionately and may only be settled in NRG common stock; the footnote notes 2,491 dividend equivalent rights included.
- Transaction type: A = award/grant (compensation-related), not an open-market purchase or sale.
Context
- Dividend equivalent rights are the economic equivalent of shares tied to dividends on deferred or restricted units and are typically settled in stock as part of compensation — they do not represent an open-market purchase or sale by the insider.
- Such awards are routine compensation/deferral mechanics and should not be read as a direct buy/sell signal about the director’s market view.