Form 4: NRG Energy Director Marwan Fawaz Reports Stock Transactions
SEC Form 4 Filing
Director Marwan Fawaz reports acquisition and disposal of NRG Energy, Inc. common stock on June 1, 2024.
Summary
- On June 1, 2024, Marwan Fawaz, a director of NRG Energy, Inc., acquired 2,210 shares of common stock.
- These shares were obtained through Deferred Stock Units issued under NRG Energy, Inc.'s Amended and Long-Term Incentive Plan.
- Each Deferred Stock Unit is equivalent in value to one share of NRG Energy, Inc.'s common stock.
- On the same day, Mr. Fawaz disposed of 5,882 shares.
- Following these transactions, Mr. Fawaz directly owns 5,882 shares of NRG Energy, Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions, with no inherent positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It allows investors to monitor the actions of key individuals within NRG Energy.
Stakeholder Impact
- The stock transactions of a director can be of interest to shareholders as it provides insight into the director's view of the company's prospects.
Key Dates
| Date | Description |
|---|---|
| 06/01/2024 | Date of stock acquisition and disposal. |
| 06/04/2024 | Date of signature by Power of Attorney. |
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