Form 4 for NRG NRG Energy
Accepted 2024-09-05 00:00:00 ET · period of report 2024-09-03 · accession 0001225208-24-008500 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2024-09-05 | 2024-09-03 | NRG | Chung Bruce | EVP, CFO | F - Tax | $0.00 | -3,627 | 78.6K | -4% | $0 |
| DM | 2024-09-05 | 2024-09-03 | NRG | Chung Bruce | EVP, CFO | M - OptEx | $0.00 | +6,437 | 79.0K | +9% | $0 |
| DM | 2024-09-05 | 2024-09-03 | NRG | Chung Bruce | EVP, CFO | M - OptEx | $71.98 | -6,437 | 0 | -100% | -$463.3K |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock, par value $.01 per share | 2024-09-03 | F | D | 3,293 | $0.00 | 75,334 | D | — | — | (F5) The Reporting Person elected to satisfy their tax withholding obligation upon the exchange of Common Stock for Relative Performance Stock Units (RPSUs) having a value on the date of the exchange equal to the withholding obligation. This form reflects the surrender of 3,293 shares of Common Stock to satisfy the Reporting Person's tax withholding obligation. |
| 2 | Common | Common Stock, par value $.01 per share | 2024-09-03 | M | A | 5,810 | $0.00 | 78,334 | D | — | — | (F1) The Reporting Person was issued 5,810 Relative Performance Stock Units (RPSUs) by NRG Energy, Inc. (NRG) under the NRG Amended and Restated Long-Term Incentive Plan (LTIP) that vested subject to certain performance conditions on September 3, 2024. |
| 3 | Common | Common Stock, par value $.01 per share | 2024-09-03 | M | A | 627 | $0.00 | 78,961 | D | — | — | (F2) In connection with the vesting of the RPSUs described above, an incremental 627 DERs vested. Dividend equivalent rights accrue on the Reporting Person's restricted stock units, market stock units or relative performance stock units to which they relate and may only be settled in NRG common stock. Each dividend equivalent right is the economic equivalent of one share of NRG common stock. |
| 4 | Common | Common Stock, par value $.01 per share | 2024-09-03 | F | D | 334 | $0.00 | 78,627 | D | — | — | (F3) On September 3, 2021, the Reporting Person was issued 1,762 Restricted Stock Units ("RSUs") by NRG Energy, Inc. under NRG Energy, Inc.'s Amended and Restated Long Term Incentive Plan. Each RSU is equivalent in value to one share of NRG's common stock, par value $.01. On September 3, 2024, 589 shares vested. The Reporting Person elected to satisfy their tax obligation upon the exchange of common stock for RSUs having a value on the date of the exchange equal to the withholding obligation. This form reflects the surrender of 334 shares of common stock to satisfy the grantee's tax withholding obligation. (F4) In connection with the vesting of the RSUs described above, 63 DERs vested, resulting in the Reporting Person holding 1,470 dividend equivalent rights in the aggregate. Dividend equivalent rights accrue on the Reporting Person's restricted stock units or relative performance stock units, which become exercisable proportionately with the restricted stock units or relative performance stock units. |
| 5 | Derivative | Dividend Equivalent Rights | 2024-09-03 | M | D | 627 | $0.00 | 0 | D | $0.00 · 2024-09-03 to 2024-09-03 | 627 Common Stock, par value $.01 per share | |
| 6 | Derivative | Relative Performance Stock Units | 2024-09-03 | M | D | 5,810 | $79.75 | 0 | D | — · 2024-09-03 to 2024-09-03 | 5,810 Common Stock, par value $.01 per share | (F6) Conversion Price not applicable. |