Kapoor Sanjay 4
Research Summary
AI-generated summary
NRG Director Sanjay Kapoor Receives 1,453 Deferred Stock Units
What Happened
- Sanjay Kapoor, a director of NRG Energy, Inc. (NRG), received an award of 1,453 Deferred Stock Units (DSUs) on 2026-02-09. The filing lists the acquisition price as $0.00 (this was an award/grant, not a cash purchase).
- Each DSU is equivalent in value to one share of NRG common stock and will be settled as one share per DSU when Kapoor leaves the board. The award was issued under NRG’s Amended and Long Term Incentive Plan.
Key Details
- Transaction date: 2026-02-09; Filing date: 2026-02-10 (timely filing).
- Transaction type/code: A — Award/Grant of 1,453 Deferred Stock Units at $0.00.
- Shares owned after transaction: Not specified in the provided filing.
- Footnotes: (F1) Confirms 1,453 DSUs issued; (F2) Each DSU converts to one share upon termination of board service.
- No indication of a 10b5-1 plan, sale, tax withholding, or cashless exercise in this filing.
Context
- DSUs are a form of deferred compensation: they track the value of shares but are typically converted to actual shares (or paid out) only upon a specified event (here, the director’s departure). Such awards are routine for director compensation and do not represent an open-market purchase or sale.