Form 4: NRG Energy Executive Rasesh M. Patel Reports Acquisition of Common Stock Through Dividend Equivalent Rights
SEC Form 4 Filing
Rasesh M. Patel, President of NRG Consumer, reports acquiring 189 shares of NRG Energy common stock through dividend equivalent rights.
Summary
- On February 3, 2025, Rasesh M. Patel, President of NRG Consumer at NRG Energy, Inc., acquired 189 shares of common stock.
- The acquisition was through dividend equivalent rights at a price of $0.0000 per share.
- Following the transaction, Patel directly owns 173,030 shares of NRG Energy common stock.
- The dividend equivalent rights accrued on restricted stock units and are settled in NRG common stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine disclosure of an insider transaction. The acquisition of shares by an executive is generally viewed as a positive sign, but it's not a major event.
Positives
- The acquisition of shares by a company executive can be seen as a positive sign, indicating confidence in the company's future performance.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it's a routine acquisition of shares by an executive.
Key Dates
| Date | Description |
|---|---|
| 02/03/2025 | Date of the transaction where Rasesh M. Patel acquired common stock through dividend equivalent rights. |
| 02/05/2025 | Date of signature for the Form 4 filing. |
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