Form 4: NRG Director Acquires 25 Shares via Dividend Rights

NRG Energy Director Alexander J. Pourbaix reported the acquisition of 25 common shares through dividend equivalent rights, increasing his beneficial ownership to 17,155 shares.

Summary

• Alexander J. Pourbaix, a Director at NRG ENERGY, INC., acquired 25 shares of common stock.
• The transaction occurred on November 3, 2025.
• The acquired shares represent dividend equivalent rights accrued on Mr. Pourbaix's deferred stock units and/or restricted stock units.
• These rights become exercisable proportionately with the underlying units and can only be settled in NRG common stock.
• Following this transaction, Mr. Pourbaix beneficially owns 17,155 shares of NRG common stock.
• The reported transaction includes a de minimus adjustment of 3 securities due to fractional rounding and 220 dividend equivalent rights.

Sentiment

Score: 5

Explanation: The filing reports a routine, non-discretionary acquisition of shares through dividend equivalent rights, which is a neutral event in terms of market sentiment.

Future Outlook

The filing does not contain any forward-looking statements or guidance.

Industry Context

This is a routine insider transaction filing and does not provide information related to broader industry trends or competitors.

Stakeholder Impact

• Shareholders: Minimal direct impact as this is a small, routine transaction related to director compensation, not a significant open market purchase or sale.

Key Dates

Keywords

NRG Energy, Alexander J. Pourbaix, Director, Insider Transaction, Form 4, Common Stock, Dividend Equivalent Rights, Beneficial Ownership