Lawrence S. Coben - 02 Jan 2026 Form 4 Insider Report for NRG ENERGY, INC. (NRG)

Role: President & CEO, Director
Signature: Christine Zoino, by Power of Attorney
Issuer symbol: NRG
Transactions as of: 02 Jan 2026
Net transactions value: -$948,774
Form type: 4
Filing time: 06 Jan 2026, 18:40:22 UTC
Previous filing: 17 Dec 2025
Next filing: 04 Feb 2026
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
COBEN LAWRENCE S	President & CEO, Director	804 CARNEGIE CENTER, PRINCETON	Christine Zoino, by Power of Attorney	06 Jan 2026	0001272898

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NRG	Common Stock, par value $.01 per share	Award	$0	+21,883	+5.5%	$0.000000	417,341	02 Jan 2026	Direct	F1
transaction	NRG	Common Stock, par value $.01 per share	Tax liability	$948,774	-5,710	-1.4%	$166.16	411,631	02 Jan 2026	Direct	F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	NRG	Relative Performance Stock Units	Award	$0	+44,430		$0.000000	44,430	02 Jan 2026	Common Stock, par value $.01 per share	44,430	$0.000000	Direct	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents Restricted Stock Units ("RSUs") issued to the Reporting Person under the LTIP. Each RSU is equivalent in value to one share of NRG's Common Stock, par value $.01 per share ("Common Stock"). The Reporting Person will receive from NRG one such share of Common Stock for each RSU that will vest ratably over a three-year period beginning on the first anniversary date of the grant.
F2	On January 2, 2025, the Reporting Person was issued 42,562 RSUs by NRG under the LTIP. On January 2, 2026, 14,173 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 5,710 shares of Common Stock to satisfy the Reporting Person's tax withholding obligation. In connection with the vesting of the RSUs, 189 DERs vested, resulting in the Reporting Person holding 20,400 DERs in the aggregate.
F3	On January 2, 2026, the Reporting Person was issued 44,430 RPSUs by NRG under the LTIP that vest on January 2, 2029, subject to certain performance conditions.