Rasesh M. Patel - May 16, 2024 Form 4 Insider Report for NRG ENERGY, INC. (NRG)

Signature
Christine Zoino, by Power of Attorney
Stock symbol
NRG
Transactions as of
May 16, 2024
Transactions value $
-$2,047,382
Form type
4
Date filed
5/20/2024, 05:01 PM
Previous filing
May 3, 2024
Next filing
Aug 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NRG Common Stock, par value $.01 per share Tax liability $0 -62.6K -17.73% $0.00 291K May 16, 2024 Direct F1
transaction NRG Common Stock, par value $.01 per share Sale -$2.05M -24.5K -8.45% $83.41 266K May 17, 2024 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On March 10, 2023, the Reporting Person's outstanding Restricted Stock Units (RSUs) originally granted on May 16, 2022 converted to 410,345 RSUs under NRG's Long Term Incentive Plan. Each RSU is equivalent in value to one share of NRG's common stock, par value $.01. On May 16, 2024, 159,186 shares vested. The Reporting Person elected to satisfy their tax obligation upon the exchange of Common Stock for RSUs having a value on the date of the exchange equal to the withholding obligation. This form reflects the surrender of 62,640 shares of Common Stock to satisfy the Reporting Person's tax withholding obligation.
F2 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.