Gerald Alfred Spencer - 02 Jan 2026 Form 4 Insider Report for NRG ENERGY, INC. (NRG)

Reporting relationship: SVP & Chief Accounting Officer
Issuer ticker: NRG
Reported as of: 02 Jan 2026
Net transaction value: -$174,634
SEC form: 4
Accepted by SEC: 06 Jan 2026, 18:41:23 UTC
Prior SEC filing: 05 Nov 2025
Next SEC filing: 04 Feb 2026
Source filing: View source filing
Reporting owner signature: Christine Zoino, by Power of Attorney

Key filing fact

Gerald Alfred Spencer filed Form 4 for NRG ENERGY, INC. (NRG) on 06 Jan 2026.

Key facts

This page summarizes Gerald Alfred Spencer's Form 4 filing for NRG ENERGY, INC. (NRG).
4 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 06 Jan 2026, 18:41.

Change

Previous filing in this sequence was filed on 05 Nov 2025.
Current net transaction value: -$174,634.

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

Reporting Owners (1)

CIK 0001925859 Primary reporting owner

Spencer Gerald Alfred

Relationship: SVP & Chief Accounting Officer
Address: 804 CARNEGIE CENTER, PRINCETON
Signature: Christine Zoino, by Power of Attorney
Signature date: 06 Jan 2026

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: +1,072
Change %: +14%
Price: $0.000000
Shares after: 8,696
Date: 02 Jan 2026
Ownership: Direct
Footnotes: F1

NRG transaction

Common Stock, par value $.01 per share

Tax liability

Transaction value: $44,032
Shares: -265
Change %: -3%
Price: $166.16
Shares after: 8,431
Date: 02 Jan 2026
Ownership: Direct
Footnotes: F2

NRG transaction

Common Stock, par value $.01 per share

Tax liability

Transaction value: $130,602
Shares: -786
Change %: -9.3%
Price: $166.16
Shares after: 7,645
Date: 02 Jan 2026
Ownership: Direct
Footnotes: F3

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: +2,177
Change %
Price: $0.000000
Shares after: 2,177
Date: 02 Jan 2026
Ownership: Direct
Underlying class: Common Stock, par value $.01 per share
Underlying amount: 2,177
Exercise price: $0.000000
Footnotes: F4

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

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 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, 2025, the Reporting Person was issued 2,001 RSUs by NRG under the LTIP. On January 2, 2026, 666 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 265 shares of Common Stock to satisfy the Reporting Person's tax withholding obligation. In connection with the vesting of the RSUs, 8 DERs vested, resulting in the Reporting Person holding 86 DERs in the aggregate.

Footnote F3

On January 2, 2024, the Reporting Person was issued 1,739 and 3,622 RSUs in two individual grants by NRG under the LTIP. On January 2, 2026, 579 and 1,206 shares vested respectively. 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 a total of 786 shares of Common Stock to satisfy the Reporting Person's tax withholding obligation. In connection with the vesting of the RSUs, a total of 65 DERs vested, resulting in the Reporting Person holding 94 DERs in the aggregate.

Footnote F4

On January 2, 2026, the Reporting Person was issued 2,177 RPSUs by NRG under the LTIP that vest on January 2, 2029, subject to certain performance conditions.