Rasesh M. Patel - 02 Jan 2025 Form 4 Insider Report for NRG ENERGY, INC. (NRG)

Reporting relationship: President, NRG Consumer
Issuer ticker: NRG
Reported as of: 02 Jan 2025
Net transaction value: -$157,953
SEC form: 4
Accepted by SEC: 06 Jan 2025, 17:04:18 UTC
Prior SEC filing: 05 Nov 2024
Next SEC filing: 05 Feb 2025
Source filing: View source filing
Reporting owner signature: Christine Zoino, by Power of Attorney

Key filing fact

Rasesh M. Patel filed Form 4 for NRG ENERGY, INC. (NRG) on 06 Jan 2025.

Key facts

This page summarizes Rasesh M. Patel's Form 4 filing for NRG ENERGY, INC. (NRG).
3 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 06 Jan 2025, 17:04.

Change

Previous filing in this sequence was filed on 05 Nov 2024.
Current net transaction value: -$157,953.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

NRG transaction

Common Stock, par value $.01 per share

Award

Transaction value: $0
Shares: +10,674
Change %: +6.5%
Price: $0.000000
Shares after: 174,544
Date: 02 Jan 2025
Ownership: Direct
Footnotes: F1

NRG transaction

Common Stock, par value $.01 per share

Tax liability

Transaction value: $157,953
Shares: -1,703
Change %: -0.98%
Price: $92.75
Shares after: 172,841
Date: 02 Jan 2025
Ownership: Direct
Footnotes: F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

NRG transaction Derivative

Relative Performance Stock Units

Award

Transaction value: $0
Shares: +16,807
Change %
Price: $0.000000
Shares after: 16,807
Date: 02 Jan 2025
Ownership: Direct
Underlying class: Common Stock, par value $.01 per share
Underlying amount: 16,807
Exercise price: $0.000000
Footnotes: F3

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote 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.

Footnote F2

On January 2, 2024, the Reporting Person was issued 19,317 RSUs by NRG under the LTIP. On January 2, 2025, 6,439 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 1,703 shares of Common Stock to satisfy the Reporting Person's tax withholding obligation. In connection with the vesting of the RSUs, 151 DERs vested, resulting in the Reporting Person holding 1,345 DERs in the aggregate.

Footnote F3

On January 2, 2025, the Reporting Person was issued 16,807 RPSUs by NRG under the LTIP that vest on January 2, 2028, subject to certain performance conditions.