NRG.NYSENrg Energy, INC

Form 4: NRG Energy EVP & CFO Bruce Chung Reports Stock Transactions

Sentiment:

SEC Form 4

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Bruce Chung, EVP & CFO of NRG Energy, reports the vesting and tax-related disposals of Relative Performance Stock Units (RPSUs) and Restricted Stock Units (RSUs).

Summary

  • On September 3, 2024, Bruce Chung, EVP & CFO of NRG Energy, reported transactions involving NRG Energy's common stock.
  • Mr. Chung vested 5,810 Relative Performance Stock Units (RPSUs) and an additional 627 Dividend Equivalent Rights (DERs).
  • He also vested 589 shares of Restricted Stock Units (RSUs) from a grant issued on September 3, 2021.
  • To cover tax obligations, Mr. Chung surrendered 334 shares of common stock related to the RSUs and 3,293 shares related to the RPSUs.
  • Following these transactions, Mr. Chung beneficially owns 75,334 shares of NRG Energy common stock.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.

Industry Context

This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies like NRG Energy.

Stakeholder Impact

  • The transactions have a minor impact on shareholders as they reflect routine executive compensation adjustments.

Key Dates

DateDescription
09/03/2021Reporting Person was issued 1,762 Restricted Stock Units (RSUs).
09/03/2024Vesting of 5,810 Relative Performance Stock Units (RPSUs).
09/03/2024Vesting of 627 Dividend Equivalent Rights (DERs).
09/03/2024Vesting of 589 shares of Restricted Stock Units (RSUs).
09/05/2024Date of Form 4 signature.

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