Research Summary
AI-generated summary of this SEC filing
NRG CEO Robert Gaudette Receives 53-Share Award
What Happened
- Robert J. Gaudette, President & CEO and Director of NRG Energy (NRG), was granted 53 shares as an award on 2026-08-03. The reported acquisition price was $0.00, so the grant had no cash cost to the reporting person at issuance.
- The filing’s footnote indicates these are dividend equivalent rights accrued on deferred stock units and/or restricted stock units; each dividend-equivalent right is economically equivalent to one share and may only be settled in NRG common stock. The footnote notes "includes 398 dividend equivalent rights."
Key Details
- Transaction date: 2026-08-03; Report filed: 2026-08-05 (filed within the typical Form 4 window).
- Transaction type: Award/Grant (code A) — 53 shares acquired at $0.00 (total reported value $0).
- Footnote: F1 — represents dividend equivalent rights tied to deferred stock units/restricted stock units; settlement only in common stock; includes 398 dividend-equivalent rights.
- Shares owned after transaction: not specified in the provided filing excerpt.
Context
- This was an award (not a market purchase or sale). Awards and dividend-equivalent accruals are common compensation mechanisms for executives and do not by themselves indicate a buy/sell market signal.
- The dividend-equivalent rights will convert or settle in shares in accordance with the underlying deferred/restricted units’ terms when they become exercisable/settled.