Form 4: NRG Energy Director Matthew Carter Jr. Acquires Additional Shares Through Dividend Equivalent Rights
SEC Form 4 Filing
Director Matthew Carter Jr. increased his holdings in NRG Energy through the acquisition of dividend equivalent rights, convertible to common stock.
Summary
- On May 1, 2025, Matthew Carter Jr., a director of NRG Energy, acquired 154 shares of common stock through dividend equivalent rights.
- These rights are economically equivalent to one share of NRG common stock each and are settled in NRG common stock.
- The acquisition price was $0.0000 per share.
- Following the transaction, Carter's direct ownership increased to 40,354 shares.
- The dividend equivalent rights include 4,905 rights.
Sentiment
Score: 6
Explanation: The sentiment is neutral as it reflects a routine transaction. The acquisition of shares through dividend equivalent rights is a standard part of executive compensation.
Positives
- The acquisition of shares through dividend equivalent rights reflects a continued investment in the company by a director.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency regarding the holdings and transactions of company directors.
Key Dates
| Date | Description |
|---|---|
| 05/01/2025 | Date of transaction: Acquisition of common stock through dividend equivalent rights. |
| 05/05/2025 | Date of signature by Power of Attorney. |
Keywords
NRG Energy, Director, Matthew Carter Jr., Dividend Equivalent Rights, Common Stock, Beneficial Ownership, Form 4, SEC Filing
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