Bentley Brad 4
Research Summary
AI-generated summary
NRG (NRG) Exec VP Brad Bentley Receives Award
What Happened
- Brad Bentley, Executive Vice President and President of NRG Consumer, received an award of 100 shares on May 1, 2026 (transaction code A — award/grant). The Form 4 lists the acquisition price as N/A and does not state a cash value for the award. The filing also notes 272 dividend-equivalent rights related to deferred stock units/restricted stock units that may only be settled in NRG common stock.
Key Details
- Transaction date: 2026-05-01; Form 4 filed: 2026-05-05 (timely filing).
- Transaction type/code: A — Award/Grant/Other acquisition.
- Shares acquired: 100 shares; Price: N/A; Total reported value: not provided.
- Additional rights: Includes 272 dividend-equivalent rights (each equal to one share economically and settled in NRG common stock per footnote).
- Shares owned after transaction: not disclosed on the Form 4.
- Filing timeliness: Filed within the SEC’s reporting window (not indicated as late).
Context
- This was a compensatory award rather than an open-market purchase or sale. Dividend-equivalent rights accrue alongside the underlying deferred or restricted units and are typically settled in stock in proportion to those units when they become exercisable or payable. Awards like this are part of executive compensation and do not by themselves indicate a personal buy/sell decision.