Form 4: NRG Energy Executive Virginia Kinney Disposes of Shares for Tax Obligation Following RSU Vesting
Insider Transaction Report
NRG Energy's Executive VP and Chief Administrative Officer, Virginia Kinney, disposed of 686 shares of common stock valued at $156.03 per share to satisfy tax withholding obligations related to the vesting of Restricted Stock Units.
Summary
- Virginia Kinney, Executive VP and Chief Administrative Officer of NRG Energy, Inc. (NRG), reported a transaction on June 5, 2025.
- The transaction involved the disposition of 686 shares of NRG common stock at a price of $156.03 per share.
- This disposition was made to satisfy tax withholding obligations upon the vesting of Restricted Stock Units (RSUs).
- On June 5, 2023, the Reporting Person was issued 4,982 RSUs under NRG's Long-Term Incentive Plan (LTIP).
- On June 5, 2025, 1,659 of these RSUs vested.
- Following this transaction, Virginia Kinney beneficially owns 65,624 shares of common stock.
- In connection with the RSU vesting, 84 Dividend Equivalent Rights (DERs) also vested, bringing the total DERs held by the Reporting Person to 935.
Sentiment
Score: 5
Explanation: The document reports a routine insider transaction for tax purposes related to RSU vesting, which is neutral in sentiment and does not indicate positive or negative company performance.
Future Outlook
The document does not contain any forward-looking statements or guidance regarding the company's future performance or strategic direction, as it is a routine insider transaction filing.
Industry Context
This Form 4 filing is a routine disclosure of an insider transaction related to executive compensation and tax obligations. It does not provide broader insights into NRG Energy's operational performance or its position within the energy industry, nor does it reflect on industry trends.
Stakeholder Impact
- Shareholders: The transaction is a routine disposition for tax purposes and does not indicate a change in the executive's long-term commitment or a significant shift in share ownership that would materially impact other shareholders.
Key Dates
| Date | Description |
|---|---|
| 06/05/2023 | Date when Virginia Kinney was issued 4,982 Restricted Stock Units (RSUs) by NRG under the LTIP. |
| 06/05/2025 | Date of the reported transaction, when 1,659 shares of RSUs vested and 686 shares were disposed of to satisfy tax obligations. |
| 06/09/2025 | Date the Form 4 was signed by Christine Zoino, by Power of Attorney. |
Recommendation
holdKeywords
NRG Energy, Virginia Kinney, SEC Form 4, Insider Transaction, Restricted Stock Units, RSU Vesting, Tax Withholding, Common Stock, Executive Compensation, Dividend Equivalent Rights
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