Research Summary
AI-generated summary of this SEC filing
NRG Director Heather Cox Receives 68-Share Award
What Happened
- Heather Cox, a director of NRG Energy (NRG), received an award of 68 shares on 2026-08-03. The transaction is coded as an award/grant (A); the per-share price reported is $0.00, so the transaction value is $0. The filing’s footnote indicates these are dividend equivalent rights tied to deferred stock units/restricted stock units.
Key Details
- Transaction date: 2026-08-03; Filing date/accession: 2026-08-05 (timely Form 4 filing).
- Transaction type: Award/Grant (code A). Amount acquired: 68 shares at $0.00 (value $0).
- Shares owned after transaction: not disclosed in the provided excerpt.
- Footnote: the award represents dividend equivalent rights on the reporting person’s deferred stock units/RSUs; each dividend equivalent right is economically equivalent to one share. Filing notes/includes 1,813 dividend equivalent rights.
- No 10b5-1 plan, sale, or tax-withholding event noted in the provided details.
Context
- Dividend equivalent rights are credits that accrue on deferred or restricted stock awards and are typically settled in company stock when the underlying units vest; they are compensation-related rather than open-market purchases or sales. Awards like this are generally routine compensation for insiders and do not by themselves indicate a buy/sell signal.