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NRGNRG Energy · Insider ownership research

NRG Energy insiders sold $35.9M in the past 12 months. How much of their stake is that?

About 0.1% overall. As a group they ended with more shares than they started with.

Updated Oct 9, 2026 from SEC filings · covers Oct 10, 2025 to Oct 9, 2026
How this comparesMore of their stake sold than at 49 of the 416 other companies we can measure (#368 of 417)See ranking
0
buyers among officers and directors, past 12 months
100%
of sales were under disclosed trading plans, past 12 months
5 of 24
officers and directors sold shares, past 12 months
Recent activity · past 30 days, Sep 10, 2026 to Oct 9, 2026

No officer or director trades were reported for the past 30 days. The most recent before that:

Sep 8, 2026Gerald Spencer sold 1.6K shares ($191K) under a disclosed trading plan. That is 21% of the total stake held that day.
WhoSharesPrice% of total stakeTotal stake afterTrade dateFiled
Gerald Spencer
SVP & Chief Accounting Officer
1,580$120.9321%6KSep 8, 2026Sep 9, 2026

"% of total stake" is the shares in this event against all the vested shares the person held that day, across every share class and holding entity, after that day's vesting. "n/a" means the person's holdings don't reconcile, or the row is a purchase. "Holdings record incomplete" means more shares were sold than the filings show the person held that day, so a percentage would be wrong.

Is this normal? More than usual: about 2.3x the 5-year average. 5 insiders sold; the average is 2 a year. Year by year
Latest filing: Filed Sep 9 for a sale on Sep 8. Gerald Spencer sold 1.6K shares ($191K) under a disclosed plan. Filing
102 SEC ownership filings in the period · See the evidence

What stands out

Outside holders and shareholders represented on the board, not part of management, sold heavily: LS Power Equity Advisors, LLC ($2.65B) and David Nanus ($2.65B).LS Power Equity Advisors, LLC: largest sale, Mar 4, 2026 · David Nanus: largest sale, Mar 4, 2026

Percentages cover 18 of 24 officers and directors. 6 are left out

i
Left out: Brian Curci, Bruce Chung, Virginia Kinney and Robert Gaudette (most of their shares vested during the period, so a percentage would mislead); Sanjay Kapoor and Caroline Golin (held no vested shares at the start).
Disclosed company stock is not an insider's whole wealth.

Who sold, and how much of their stake

Officers and directors, past 12 months. Each bar is 100% of that person's own stake; not comparable between people. The stake is the vested shares held at the start of the period (Oct 9, 2025); the gold part is what they sold.

SoldRest of starting stake
Brian Curci
Exec VP & General Counsel
Sold $17.3M (plan status beside the amount). That is 70% of the shares held or received (after tax withholding) during the period†. A share of the starting stake is not shown: most of these shares arrived during the period. Why
$17.3MDisclosed plan
Virginia Kinney
Exec VP, Chief Admin Officer
Sold $8.2M (plan status beside the amount). That is 62% of the shares held or received (after tax withholding) during the period†. A share of the starting stake is not shown: most of these shares arrived during the period. Why
$8.2MDisclosed plan
Robert Gaudette
President & CEO, Director
Sold $7.1M (plan status beside the amount). That is 41% of the shares held or received (after tax withholding) during the period†. A share of the starting stake is not shown: most of these shares arrived during the period. Why
$7.1MDisclosed plan
Bruce Chung
EVP & CFO
Sold $3.1M (plan status beside the amount). That is 18% of the shares held or received (after tax withholding) during the period†. A share of the starting stake is not shown: most of these shares arrived during the period. Why
$3.1MDisclosed plan
Gerald Spencer
SVP & Chief Accounting Officer
21% · $191KDisclosed plan
Amounts, filings and trading plans for each seller

Selling by month

Officers and directors, Oct 2025 to Oct 2026. Each sale is counted once: under a disclosed plan, else to cover taxes, else no plan disclosed.

Disclosed planOne dollar scale for every month; the tallest bar is labeled
OctNov 2025: $3.3M under a disclosed planNovDecJan 2026: $27.6M under a disclosed plan$27.6MJanFebMar 2026: $783K under a disclosed planMarAprMayJun 2026: $2.6M under a disclosed planJunJul 2026: $1.6M under a disclosed planJulAugSep 2026: $191K under a disclosed planSepOct

Outside holders, reported separately

LS Power Equity Advisors, LLC sold $2.65B and David Nanus sold $2.65B in the past 12 months. Large shareholders and the funds or companies that board members represent are not part of management, so they are left out of the figures above.

Details

Common questions

Is the NRG Energy CEO selling stock?

No. Lawrence Coben reported no open-market sales in the past 12 months.

Why are NRG Energy insiders selling?

Filings rarely give a reason, and we don't guess at one. What they show is how the sales were made: 100% of sales by value ran under 10b5-1 trading plans disclosed in the filings. A trading plan schedules sales in advance.

Are any NRG Energy insiders buying?

No. Officers and directors reported no purchases in the past 12 months.

How much of their stake did NRG Energy insiders sell?

About 0.1% overall. As a group they ended with more shares than they started with. That covers the 12 months to Oct 9, 2026 and counts vested shares reported on SEC Forms 3, 4 and 5, which is not an insider's whole wealth.

The evidence

Who sold5 officers and directors: amount, % of holdings, trading plan
Who soldAmount% of holdingsTrading plan
Brian Curci
Exec VP & General Counsel
$17.3M
108K shares
70%†
i
† Most of the shares Brian Curci sold arrived during the period, so this is shares sold as a share of the 116K held at the start plus the 71K received, less 33K withheld by the company for taxes.
Disclosed plan
Virginia Kinney
Exec VP, Chief Admin Officer
$8.2M
56K shares
62%†
i
† Most of the shares Virginia Kinney sold arrived during the period, so this is shares sold as a share of the 66K held at the start plus the 48K received, less 24K withheld by the company for taxes.
Disclosed plan
Robert Gaudette
President & CEO, Director
$7.1M
45K shares
41%†
i
† Most of the shares Robert Gaudette sold arrived during the period, so this is shares sold as a share of the 65K held at the start plus the 80K received, less 36K withheld by the company for taxes.
Disclosed plan
Bruce Chung
EVP & CFO
$3.1M
20K shares
18%†
i
† Most of the shares Bruce Chung sold arrived during the period, so this is shares sold as a share of the 69K held at the start plus the 98K received, less 57K withheld by the company for taxes.
Disclosed plan
Gerald Spencer
SVP & Chief Accounting Officer
$191K
1.6K shares
21%Disclosed plan

Outside holder, reported separately: LS Power Equity Advisors, LLC (a 10% owner, not part of management). Sold $2.65B (16.13M shares) from Mar 4, 2026 to Mar 4, 2026. Latest filing

Outside holder, reported separately: David Nanus (a 10% owner, not part of management). Sold $2.65B (16.13M shares) from Mar 4, 2026 to Mar 4, 2026. Latest filing

The full ownership picture24 of 24 insiders fully reconciled · 23 officers and directors

Vested shares across all share classes, held directly and through trusts, LLCs and family members, as reported on SEC Forms 3, 4 and 5. Unvested awards and options are never counted as owned shares.

InsiderHeld Oct 9, 2025SoldHeld Oct 9, 2026Still held
Lawrence Coben
i
Minor difference of 2 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer). Includes unvested RSUs, amount not disclosed. Additional holdings last reported more than 3 years ago are shown separately and excluded from totals.
CEO, Director
426K0412Kno sales
Vesting, gifts, unvested awards and holding lines for Lawrence Coben
0shares vested or exercised
0gifted (net of own trusts)
−37Kwithheld by the company for taxes
104K → 148Kunvested awards, start → end
  • Includes unvested RSUs, amount not disclosed.
  • Additional holdings last reported more than 3 years ago are shown separately and excluded from totals.
Held throughShare classOct 9, 2025Oct 9, 2026
Direct
includes unvested RSUs, amount not disclosed
Common Stock, par value $.01 per share425,972412,390

Additional holdings last reported Jun 1, 2010, not confirmed since: 44,110 shares. Not included in any total or percentage on this page.

Reconciliation: minor difference of 2 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).

Rasesh Patel
i
Includes unvested RSUs, amount not disclosed.
President, NRG Consumer
145K0145Kno sales
Vesting, gifts, unvested awards and holding lines for Rasesh Patel
0shares vested or exercised
0gifted (net of own trusts)
17K → 17Kunvested awards, start → end
  • Includes unvested RSUs, amount not disclosed.
Held throughShare classOct 9, 2025Oct 9, 2026
Direct
includes unvested RSUs, amount not disclosed
Common Stock, par value $.01 per share145,091145,091
Brian Curci
i
Minor difference of 3 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer). Includes unvested RSUs, amount not disclosed. Additional holdings last reported more than 3 years ago are shown separately and excluded from totals.
Exec VP & General Counsel
116K−108K46Knot meaningful
Vesting, gifts, unvested awards and holding lines for Brian Curci
+67Kshares vested or exercised
0gifted (net of own trusts)
−33Kwithheld by the company for taxes
12K → 20Kunvested awards, start → end
  • Includes unvested RSUs, amount not disclosed.
  • Additional holdings last reported more than 3 years ago are shown separately and excluded from totals.
Held throughShare classOct 9, 2025Oct 9, 2026
Direct
includes unvested RSUs, amount not disclosed
Common Stock, par value $.01 per share116,19546,238

Additional holdings last reported May 1, 2020, not confirmed since: 26,572 shares. Not included in any total or percentage on this page.

Reconciliation: minor difference of 3 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).

Spencer Abraham
i
Minor difference of 3 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).
Director
84K085Kno sales
Vesting, gifts, unvested awards and holding lines for Spencer Abraham
0shares vested or exercised
0gifted (net of own trusts)
none reportedunvested awards, start → end
Held throughShare classOct 9, 2025Oct 9, 2026
DirectCommon Stock, par value $.01 per share84,46584,912

Reconciliation: minor difference of 3 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).

Bruce Chung
i
Minor difference of 2 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer). Includes unvested RSUs, amount not disclosed.
EVP & CFO
69K−20K90Knot meaningful
Vesting, gifts, unvested awards and holding lines for Bruce Chung
+93Kshares vested or exercised
0gifted (net of own trusts)
−57Kwithheld by the company for taxes
14K → 37Kunvested awards, start → end
  • Includes unvested RSUs, amount not disclosed.
Held throughShare classOct 9, 2025Oct 9, 2026
Direct
includes unvested RSUs, amount not disclosed
Common Stock, par value $.01 per share68,53989,647

Reconciliation: minor difference of 2 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).

Virginia Kinney
i
Minor difference of 2 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer). Includes unvested RSUs, amount not disclosed.
Exec VP, Chief Admin Officer
66K−56K34Knot meaningful
Vesting, gifts, unvested awards and holding lines for Virginia Kinney
+45Kshares vested or exercised
0gifted (net of own trusts)
−24Kwithheld by the company for taxes
46K → 52Kunvested awards, start → end
  • Includes unvested RSUs, amount not disclosed.
Held throughShare classOct 9, 2025Oct 9, 2026
Direct
includes unvested RSUs, amount not disclosed
Common Stock, par value $.01 per share65,67633,993

Reconciliation: minor difference of 2 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).

Robert Gaudette
i
Minor difference of 1 share. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer). Includes unvested RSUs, amount not disclosed. Additional holdings last reported more than 3 years ago are shown separately and excluded from totals.
President & CEO, Director
65K−45K64Knot meaningful
Vesting, gifts, unvested awards and holding lines for Robert Gaudette
+75Kshares vested or exercised
0gifted (net of own trusts)
−36Kwithheld by the company for taxes
14K → 56Kunvested awards, start → end
  • Includes unvested RSUs, amount not disclosed.
  • Additional holdings last reported more than 3 years ago are shown separately and excluded from totals.
Held throughShare classOct 9, 2025Oct 9, 2026
Direct
includes unvested RSUs, amount not disclosed
Common Stock, par value $.01 per share64,72564,069

Additional holdings last reported May 1, 2020, not confirmed since: 49,481 shares. Not included in any total or percentage on this page.

Reconciliation: minor difference of 1 share. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).

Kevin Howell
i
Minor difference of 2 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer). New Form 3 filed 2024-03-07; earlier filings set aside.
Director
57K057Kno sales
Vesting, gifts, unvested awards and holding lines for Kevin Howell
0shares vested or exercised
0gifted (net of own trusts)
none reportedunvested awards, start → end
  • New Form 3 filed 2024-03-07; earlier filings set aside.
Held throughShare classOct 9, 2025Oct 9, 2026
DirectCommon Stock, par value $.01 per share56,59356,611

Reconciliation: minor difference of 2 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).

Dak Liyanearachchi
i
Minor difference of 2 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer). Includes unvested RSUs, amount not disclosed.
Exec VP, Chief Technology Ofc.
49K064Kno sales
Vesting, gifts, unvested awards and holding lines for Dak Liyanearachchi
+30Kshares vested or exercised
0gifted (net of own trusts)
−17Kwithheld by the company for taxes
38K → 43Kunvested awards, start → end
  • Includes unvested RSUs, amount not disclosed.
Held throughShare classOct 9, 2025Oct 9, 2026
Direct
includes unvested RSUs, amount not disclosed
Common Stock, par value $.01 per share48,57163,703

Reconciliation: minor difference of 2 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).

Matthew Pistner
i
Unvested RSUs stated in footnotes are excluded from owned shares. Started reporting during the period; starting holdings are from the Form 3.
EVP, Pres. of NRG Wholesale
43K043Kno sales
Vesting, gifts, unvested awards and holding lines for Matthew Pistner
0shares vested or exercised
0gifted (net of own trusts)
19K → 19Kunvested awards, start → end
  • Unvested RSUs stated in footnotes are excluded from owned shares.
  • Started reporting during the period; starting holdings are from the Form 3.
Held throughShare classOct 9, 2025Oct 9, 2026
DirectCommon Stock, par value $.01 per share43,24443,244
Antonio Carrillo
i
Minor difference of 1 share. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).
Director
43K045Kno sales
Vesting, gifts, unvested awards and holding lines for Antonio Carrillo
0shares vested or exercised
0gifted (net of own trusts)
none reportedunvested awards, start → end
Held throughShare classOct 9, 2025Oct 9, 2026
DirectCommon Stock, par value $.01 per share42,84345,392

Reconciliation: minor difference of 1 share. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).

Heather Cox
i
Minor difference of 2 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).
Director
42K044Kno sales
Vesting, gifts, unvested awards and holding lines for Heather Cox
0shares vested or exercised
0gifted (net of own trusts)
none reportedunvested awards, start → end
Held throughShare classOct 9, 2025Oct 9, 2026
DirectCommon Stock, par value $.01 per share41,96343,679

Reconciliation: minor difference of 2 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).

Matthew Carter Jr.
i
Minor difference of 2 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).
Director
42K044Kno sales
Vesting, gifts, unvested awards and holding lines for Matthew Carter Jr.
0shares vested or exercised
0gifted (net of own trusts)
none reportedunvested awards, start → end
Held throughShare classOct 9, 2025Oct 9, 2026
DirectCommon Stock, par value $.01 per share41,67643,693

Reconciliation: minor difference of 2 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).

Alexandra Pruner
i
Minor difference of 2 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer). Additional holdings last reported more than 3 years ago are shown separately and excluded from totals.
Director
31K033Kno sales
Vesting, gifts, unvested awards and holding lines for Alexandra Pruner
0shares vested or exercised
0gifted (net of own trusts)
none reportedunvested awards, start → end
  • Additional holdings last reported more than 3 years ago are shown separately and excluded from totals.
Held throughShare classOct 9, 2025Oct 9, 2026
DirectCommon Stock, par value $.01 per share30,85032,792
SpouseCommon Stock, par value $.01 per share6464

Additional holdings last reported Jun 1, 2020, not confirmed since: 8,965 shares. Not included in any total or percentage on this page.

Reconciliation: minor difference of 2 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).

Brad Bentley
i
Includes unvested RSUs, amount not disclosed.
Exec VP, Pres NRG Consumer
28K028Kno sales
Vesting, gifts, unvested awards and holding lines for Brad Bentley
0shares vested or exercised
0gifted (net of own trusts)
−5Kwithheld by the company for taxes
15K → 25Kunvested awards, start → end
  • Includes unvested RSUs, amount not disclosed.
Held throughShare classOct 9, 2025Oct 9, 2026
Direct
includes unvested RSUs, amount not disclosed
Common Stock, par value $.01 per share27,68627,791
Elisabeth Donohue
i
Minor difference of 3 shares. Difference is under 0.5% of holdings.
Director
27K029Kno sales
Vesting, gifts, unvested awards and holding lines for Elisabeth Donohue
0shares vested or exercised
0gifted (net of own trusts)
none reportedunvested awards, start → end
Held throughShare classOct 9, 2025Oct 9, 2026
DirectCommon Stock, par value $.01 per share27,34129,131

Reconciliation: minor difference of 3 shares. Difference is under 0.5% of holdings.

Scott Hart
i
Unvested RSUs stated in footnotes are excluded from owned shares. Started reporting during the period; starting holdings are from the Form 3.
EVP, President of NRG Business
18K018Kno sales
Vesting, gifts, unvested awards and holding lines for Scott Hart
0shares vested or exercised
0gifted (net of own trusts)
16K → 16Kunvested awards, start → end
  • Unvested RSUs stated in footnotes are excluded from owned shares.
  • Started reporting during the period; starting holdings are from the Form 3.
Held throughShare classOct 9, 2025Oct 9, 2026
DirectCommon Stock, par value $.01 per share16,23616,236
trustCommon Stock, par value $.01 per share1,9821,982
Alexander Pourbaix
i
Minor difference of 3 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).
Director
17K020Kno sales
Vesting, gifts, unvested awards and holding lines for Alexander Pourbaix
0shares vested or exercised
0gifted (net of own trusts)
none reportedunvested awards, start → end
Held throughShare classOct 9, 2025Oct 9, 2026
DirectCommon Stock, par value $.01 per share17,12719,881

Reconciliation: minor difference of 3 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).

Gerald Spencer
i
Minor difference of 239 shares. Small increase from an employee stock purchase plan. Includes unvested RSUs, amount not disclosed. Small increase from an employee stock purchase plan.
SVP & Chief Accounting Officer
7.5K−1.6K6.2K83%
Vesting, gifts, unvested awards and holding lines for Gerald Spencer
0shares vested or exercised
0gifted (net of own trusts)
−1.1Kwithheld by the company for taxes
3.2K → 5.3Kunvested awards, start → end
  • Includes unvested RSUs, amount not disclosed.
  • Small increase from an employee stock purchase plan. Filing
Held throughShare classOct 9, 2025Oct 9, 2026
Direct
includes unvested RSUs, amount not disclosed
Common Stock, par value $.01 per share7,4796,213

Reconciliation: minor difference of 239 shares. Small increase from an employee stock purchase plan.

Marcie Zlotnik
i
Minor difference of 2 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).
Director
7.2K08.7Kno sales
Vesting, gifts, unvested awards and holding lines for Marcie Zlotnik
0shares vested or exercised
0gifted (net of own trusts)
none reportedunvested awards, start → end
Held throughShare classOct 9, 2025Oct 9, 2026
DirectCommon Stock, par value $.01 per share7,2058,721

Reconciliation: minor difference of 2 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).

Marwan Fawaz
Director
7K08.5Kno sales
Vesting, gifts, unvested awards and holding lines for Marwan Fawaz
0shares vested or exercised
0gifted (net of own trusts)
none reportedunvested awards, start → end
Held throughShare classOct 9, 2025Oct 9, 2026
DirectCommon Stock, par value $.01 per share7,0318,453
Glenn Wright
i
Started reporting during the period; starting holdings are from the Form 3.
Director
5001.5Kno sales
Vesting, gifts, unvested awards and holding lines for Glenn Wright
0shares vested or exercised
0gifted (net of own trusts)
none reportedunvested awards, start → end
  • Started reporting during the period; starting holdings are from the Form 3.
Held throughShare classOct 9, 2025Oct 9, 2026
DirectCommon Stock, par value $.01 per share501,472
Sanjay Kapoor
Director
003.9Kno sales
Vesting, gifts, unvested awards and holding lines for Sanjay Kapoor
0shares vested or exercised
0gifted (net of own trusts)
none reportedunvested awards, start → end
Held throughShare classOct 9, 2025Oct 9, 2026
DirectCommon Stock, par value $.01 per share03,934

24 of 24 insiders fully reconciled: starting holdings plus reported transactions match ending holdings (8 exactly, 16 with a minor or footnoted difference). Percentages cover 18 of 24 officers and directors. Left out: Brian Curci, Bruce Chung, Virginia Kinney and Robert Gaudette (most of their shares vested during the period, so a percentage would mislead); Sanjay Kapoor and Caroline Golin (held no vested shares at the start). "Still held" compares ending with starting vested shares; a plus sign means the holding grew.

What explains the selling$35.9M of sales by plan status, purpose, seller and month

Officer and director open-market sales: $35.9M across 230,281 shares. Plan status and stated purpose are separate questions, and a sale can have both.

By plan status

Taxes

209,268 shares ($28.0M) were withheld by the company for taxes, which isn't a market sale.

SellerShares soldProceedsUnder a disclosed planShare of totalSales dates
Brian Curci
Exec VP & General Counsel
108K$17.3M100%48%Jan 5, 2026 to Jan 6, 2026
Virginia Kinney
Exec VP, Chief Admin Officer
56K$8.2M100%23%Nov 14, 2025 to Jul 15, 2026
Robert Gaudette
President & CEO, Director
45K$7.1M100%20%Jan 6, 2026 to Jan 6, 2026
Bruce Chung
EVP & CFO
20K$3.1M100%9%Jan 6, 2026 to Jan 7, 2026
Gerald Spencer
SVP & Chief Accounting Officer
1.6K$191K100%0.5%Sep 8, 2026 to Sep 8, 2026

Sales by month

MonthSale proceedsDisclosed planTo cover taxesNo plan disclosed
Oct 2025$0$0$0$0
Nov 2025$3.3M$3.3M$0$0
Dec 2025$0$0$0$0
Jan 2026$27.6M$27.6M$0$0
Feb 2026$0$0$0$0
Mar 2026$783K$783K$0$0
Apr 2026$0$0$0$0
May 2026$0$0$0$0
Jun 2026$2.6M$2.6M$0$0
Jul 2026$1.6M$1.6M$0$0
Aug 2026$0$0$0$0
Sep 2026$191K$191K$0$0
Oct 2026$0$0$0$0
Is this normal? Selling year by year5 earlier years to compare with

More than usual: about 2.3x the 5-year average. 5 insiders sold; the average is 2 a year.

12 months endingShares soldInsiders who soldProceeds
Oct 9, 2026
Latest 12 months
230K5$35.9M
Oct 9, 2025
1 year earlier
142K5$16.8M
Oct 9, 2024
2 years earlier
216K2$15.9M
Oct 10, 2023
3 years earlier
00$0
Oct 10, 2022
4 years earlier
59K2$2.5M
Oct 10, 2021
5 years earlier
82K3$3.1M

Open-market sales (Form 4 code S) by people who were officers or directors, in split-adjusted shares. Earlier years include people who have since left. A sale that an outside holder also reports (a family trust, a fund) is counted with outside holders in every year. Shares, not dollars, are compared, so a change in the stock price doesn't look like a change in selling. Years the filings don't fully cover are shown but left out of the average.

Known gaps and uncertaintyEvery officer and director reconciles

Every officer and director reconciles for this period.

Lawrence Coben: minor difference of 2 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).

Brian Curci: minor difference of 3 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).

Spencer Abraham: minor difference of 3 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).

Bruce Chung: minor difference of 2 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).

Virginia Kinney: minor difference of 2 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).

Robert Gaudette: minor difference of 1 share. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).

Kevin Howell: minor difference of 2 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).

Dak Liyanearachchi: minor difference of 2 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).

Antonio Carrillo: minor difference of 1 share. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).

Heather Cox: minor difference of 2 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).

Matthew Carter Jr.: minor difference of 2 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).

Alexandra Pruner: minor difference of 2 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).

Elisabeth Donohue: minor difference of 3 shares. Difference is under 0.5% of holdings.

Alexander Pourbaix: minor difference of 3 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).

Gerald Spencer: minor difference of 239 shares. Small increase from an employee stock purchase plan.

Marcie Zlotnik: minor difference of 2 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).

Inferred typo: the share class "Common Stock, par value $0.01 per share" is treated as the same class as "Common Stock, par value .01 per share" on 15 holding lines, because the two spellings are nearly identical and each balance carried over exactly. Example (David Crane, 437,930 shares): old title, new title

Inferred typo: the share class "Common Stock, par value, $.01 per share" is treated as the same class as "Common Stock, par value $.01 per share" on 6 holding lines, because the two spellings are nearly identical and each balance carried over exactly. Example (Lawrence Coben, 114,302 shares): old title, new title

Inferred typo: the share class "Common Stock, par value $.01 per share" is treated as the same class as "Common Stock, par value, $.01 per share" on 9 holding lines, because the two spellings are nearly identical and each balance carried over exactly. Example (Howard Cosgrove, 113,794 shares): old title, new title

Inferred typo: the share class "Common stock, par value $0.01 per share" is treated as the same class as "Common Stock, par value .01 per share" on 3 holding lines, because the two spellings are nearly identical and each balance carried over exactly. Example (Steve Winn, 23,038 shares): old title, new title

Inferred typo: the share class "Common Stock, par value .01 per share" is treated as the same class as "Common Stock, par value $.01 per share" on 9 holding lines, because the two spellings are nearly identical and each balance carried over exactly. Example (Andrew Murphy, 25,058 shares): old title, new title

Inferred typo: the share class "Common Stock, par value $ .01 per share" is treated as the same class as "Common Stock, par value .01 per share" on 2 holding lines, because the two spellings are nearly identical and each balance carried over exactly. Example (Clint Freeland, 8,662 shares): old title, new title

Inferred typo: the share class "Common Stock, par value, $.01 per sahre" is treated as the same class as "Common Stock, par value, $.01 per share" on 1 holding line, because the two spellings are nearly identical and each balance carried over exactly. Example (Kirkland Andrews, 200,856 shares): old title, new title

Inferred typo: the share class "Common Stock, par value .01 per share" is treated as the same class as "Common Stock, par value, $.01 per share" on 1 holding line, because the two spellings are nearly identical and each balance carried over exactly. Example (Alexandra Pruner, 21 shares): old title, new title

External context: we only cite outside events when a documented connection exists. None is shown for this period.

Sources and methodology1,736 filings from SEC EDGAR, and how we read them

All 1,736 Forms 3, 4 and 5 filed for NRG Energy (SEC CIK 1013871) from Dec 9, 2003 to Sep 9, 2026, retrieved from SEC EDGAR on Oct 9, 2026. Prices are the ones reported in each filing, often weighted averages. 4 filings were left out because NRG Energy filed them as an owner of another company's stock.

Probable 2-for-1 stock split on or before May 31, 2007 (split date stated in a footnote). Splits aren't reported as transactions; 14 holding lines changed by exactly this ratio, so earlier share counts are restated.

Holdings. Each holding line (a share class plus an owner, such as a trust or LLC) carries its last reported balance forward. Entities first reported during the period start at zero, so transfers between an insider's own trusts don't count as selling. Lines not reported for three years or more are listed separately and left out of totals.

Sales. A sale counts as under a 10b5-1 plan if its footnote cites one or the filing's Rule 10b5-1 box is checked, and as tax-related if its footnote cites tax obligations or sell-to-cover. Shares withheld by the company for taxes are listed separately. Sales with neither attribute are labeled "no plan disclosed".

Full methodology

Former or inactive filers (64)No filing in 18 months; last reported balances, not in any total
NameLast filedLast reported balance
Anne SchaumburgAug 5, 2024128,642 shares, last reported balance as of Aug 1, 2024
Paul HobbyJun 4, 2024117,991 shares, last reported balance as of Jun 1, 2024
Elizabeth KillingerMar 18, 2024236,398 shares, last reported balance as of Mar 15, 2024
Mauricio GutierrezNov 3, 20232,246,619 shares, last reported balance as of Nov 1, 2023
Christopher MoserSep 6, 2023283,010 shares, last reported balance as of Sep 3, 2023
Emily PicarelloAug 3, 202314,428 shares, last reported balance as of Aug 1, 2023
Alberto FornaroMay 3, 202351,306 shares, last reported balance as of May 1, 2023
Thomas WeidemeyerJun 3, 2022121,496 shares, last reported balance as of Jun 1, 2022
David CallenNov 3, 202165,918 shares, last reported balance as of Nov 1, 2021
Gaetan FrotteMay 5, 202177,894 shares, last reported balance as of May 3, 2021
Kirkland AndrewsFeb 3, 2021674,250 shares, last reported balance as of Feb 1, 2021
Terry DallasFeb 5, 202079,720 shares, last reported balance as of Feb 3, 2020
William HantkeNov 5, 201995,870 shares, last reported balance as of Nov 1, 2019
John Wilder Jr.Nov 5, 20189,037,872 shares, last reported balance as of Nov 1, 2018
John Wilder Jr.Nov 5, 20189,007,214 shares, last reported balance as of Nov 1, 2018
Kirbyjon CaldwellFeb 5, 201889,991 shares, last reported balance as of Feb 1, 2018
David HillFeb 5, 2018239,773 shares, last reported balance as of Feb 1, 2018
Evan SilversteinFeb 5, 201852,389 shares, last reported balance as of Feb 1, 2018
John ChillemiFeb 5, 2018161,576 shares, last reported balance as of Feb 1, 2018
Barry SmithermanNov 8, 201750,000 shares, last reported balance as of Nov 6, 2017
Walter Young Jr.Jun 5, 2017148,550 shares, last reported balance as of Jun 1, 2017
Howard CosgroveFeb 3, 2017259,383 shares, last reported balance as of Feb 1, 2017
Edward MullerFeb 3, 2017135,860 shares, last reported balance as of Feb 1, 2017
Tanuja DehneFeb 3, 2016114,416 shares, last reported balance as of Feb 1, 2016
David CraneNov 10, 20152,031,528 shares, last reported balance as of Nov 6, 2015
Ronald StarkFeb 4, 201523,765 shares, last reported balance as of Feb 2, 2015
Denise WilsonNov 25, 2014240,279 shares, last reported balance as of Nov 21, 2014
John RaganNov 4, 2014228,780 shares, last reported balance as of Nov 3, 2014
Gerald LutermanMay 5, 201427,163 shares, last reported balance as of May 1, 2014
John ChlebowskiJun 4, 201390,933 shares, last reported balance as of Jun 1, 2013
Kathleen McGintyJun 4, 201327,762 shares, last reported balance as of Jun 1, 2013
Herbert TateJun 5, 201239,267 shares, last reported balance as of Jun 1, 2012
James IngoldsbyJan 5, 2012127,243 shares, last reported balance as of Jan 3, 2012
Michael BramnickJan 5, 201251,787 shares, last reported balance as of Jan 3, 2012
Stephen CropperJun 3, 201178,169 shares, last reported balance as of Jun 1, 2011
Christian SchadeMar 30, 201151,616 shares, last reported balance as of Mar 29, 2011
Stephen HoffmannJan 4, 201134,877 shares, last reported balance as of Jan 3, 2011
Andrew MurphyJan 4, 201154,921 shares, last reported balance as of Jan 3, 2011
Jeffrey BaudierJan 4, 201123,108 shares, last reported balance as of Jan 3, 2011
Jonathan BaliffJan 6, 201031,707 shares, last reported balance as of Jan 4, 2010
Clint FreelandFeb 5, 200924,259 shares, last reported balance as of Feb 3, 2009
Robert FlexonJan 6, 2009208,334 shares, last reported balance as of Jan 3, 2009
Michael LiebelsonJan 6, 200987,700 shares, last reported balance as of Jan 2, 2009
John BrewsterAug 5, 200884,550 shares, last reported balance as of Aug 1, 2008
Steve WinnApr 9, 200830,762 shares, last reported balance as of Apr 8, 2008
Thad HillJan 4, 2008208,704 shares, last reported balance as of Jan 2, 2008
Carolyn BurkeJan 4, 20086,290 shares, last reported balance as of Jan 2, 2008
Christine JacobsSep 12, 2007132,402 shares, last reported balance as of Sep 7, 2007
Maureen MiskovicJun 4, 200715,870 shares, last reported balance as of Jun 1, 2007
Curtis MorganFeb 2, 2007252,400 shares, last reported balance as of Jun 12, 2006
H&F INVESTORS IV LLCAug 16, 20061,322,024 shares, last reported balance as of Aug 15, 2006
BLACKSTONE MANAGEMENT ASSOCIATES IV LLCAug 16, 200615,252 shares, last reported balance as of Aug 15, 2006
TPG ADVISORS III INCAug 16, 20063,145,560 shares, last reported balance as of Aug 15, 2006
KKR Millennium GP Energy LLCAug 16, 2006431,572 shares, last reported balance as of Aug 15, 2006
TPG Advisors IV, Inc.Aug 16, 20065,068,444 shares, last reported balance as of Aug 15, 2006
Johannes HuthAug 16, 2006431,572 shares, last reported balance as of Aug 15, 2006
Caroline AngoorlyMay 3, 2006102,990 shares, last reported balance as of May 1, 2006
George SchaeferJan 4, 200694,960 shares, last reported balance as of Jan 3, 2006
Scott DavidoJan 4, 2006173,532 shares, last reported balance as of Jan 3, 2006
Timothy ObrienJan 4, 2006162,272 shares, last reported balance as of Jan 3, 2006
Ershel Redd Jr.Aug 3, 2005104,450 shares, last reported balance as of Aug 1, 2005
Frank PlimptonDec 23, 200417,055,264 shares, last reported balance as of Dec 21, 2004
Ramon BetolazaDec 23, 200417,055,264 shares, last reported balance as of Dec 21, 2004
MATLINPATTERSON LLCDec 23, 200417,032,676 shares, last reported balance as of Dec 21, 2004

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