NRG NRG ENERGY, INC. Insider Trading

Virginia Kinney sold 20,000 NRG shares at $127.52; scheduled 10b5-1 plan execution. Holdings reduced to 45.1K shares.

Virginia Kinney, Exec VP and Chief Admin Officer, executed a scheduled sale of 20,000 shares at $127.52 on 2026-06-15 under a pre-arranged 10b5-1 trading plan adopted on 2025-08-08, reducing her holdings from 65.1K shares to 45.1K shares. This is a routine, non-discretionary transaction under a pre-established plan rather than a direct reflection of current conviction or concern. Kinney's cross-ticker track record shows 1 prior sell with an average 90-day return of -1.2%, while her prior NRG sale on 2025-11-14 produced a 90-day return of -1.2%; these historical outcomes provide minimal evidence of timing predictability. The current NRG price of $132.13 is 30.4% below the 52-week high of $189.96, and the stock has declined 18.1% over the past 90 days, but the scheduled nature of this transaction prevents attribution to any strategic timing decision by the executive.

10% owner LS Power Equity Advisors sells 16,129,269 shares (77.0% of holdings) for $2.6B at $164.00 on 2026-03-04

LS Power Equity Advisors, LLC, a 10% shareholder in NRG Energy, executed two separate sales totaling 16,129,269 shares for $2,645,200,116.00 at $164.00, reducing its stake from 20,950,000 shares to 4,820,731 shares—a 77.0% reduction in holdings. This represents a liquidation of a majority position in the $35.1B market-cap energy company by a major stakeholder. The sales occurred at $164.00, modestly above the current price of $163.54 but notably below the 52-week high of $184.03, and transpire as NRG trades down 11.1% from its peak while showing recent positive momentum (9.7% over 30 days). The magnitude of this stake reduction—involving a $2.6 billion exit—requires examination of whether it signals material changes in LS Power's capital allocation priorities, expected liquidity needs, or reassessment of NRG's strategic positioning within its broader portfolio.

10% Owner David Nanus sold 16.13M shares (77.0% of holdings) for $2.6B at $164.00 on 2026-03-04

David Nanus, a 10% owner at NRG Energy, executed 2 separate sales totaling 16,129,269 shares for $2,645,200,116.00 at a blended average price of $164.00, reducing his stake from 20,950,000 shares to 4,820,731 shares (a 77.0% reduction). This is a substantial disposition by a major shareholder, reducing his ownership concentration significantly. The sales occurred at $164.00 per share against a current price of $163.54 and within the stock's 52-week range of $83.61–$184.03, which is near the upper end; the transaction was executed at approximately 11.1% below the 52-week high. While Nanus's cross-ticker track record shows a 100.00% well-timed rate on his 1 prior sell, that prior pattern is not predictive of market outcomes for this specific transaction at this ticker, and timing characterization is strictly limited to the isolated track record fact. The scale of this exit—liquidating more than three-quarters of a controlling stake—merits investor scrutiny regarding the timing and rationale.

NRG CFO Chung Bruce sells 12,383 shares in 2 transactions for $1,938,631.39; stock down -19.6% from 52-week high.

Chung Bruce (EVP & CFO) executed two separate sales totaling 12,383 shares for $1,938,631.39 at blended average price $156.56. The sales reduce his holdings by -13.5% (from 91,530 to 79,147 shares). At current price of $143.53, the stock has fallen -19.6% from its 52-week high of $178.50 and -13.9% over the past 30 days. Across his cross-ticker track record, Chung's prior 2 sells averaged a 90-day return of -3.2% with a 100.00% well-timed rate; at NRG specifically, his prior sell on 2025-01-13 posted a 90-day return of -3.2%, suggesting he has been successful in exiting before subsequent declines. The current filing comes as the company faces revenue headwinds (-2.4% annual growth), which warrants monitoring of whether this sale reflects broader operational concerns.

Exec VP & General Counsel Curci sells 107,556 shares ($17.3M) in 2 transactions at avg $160.46

Brian Curci, Exec VP & General Counsel of NRG Energy, executed 2 separate sales on 2026-01-05 and 2026-01-06, offloading 107,556 shares for $17,258,059.64 at a blended average price of $160.46. This represents a -70.0% reduction in his pre-transaction holdings of 153,669 shares, leaving him with 46,113 shares post-transaction. The sales occurred when NRG's stock was trading near but below its 52-week high of $178.50, and the current price of $159.63 sits -10.6% from that peak, with the 90-day trend down -4.7%. As the company's General Counsel and an Executive VP, Curci's liquidation of a substantial majority of his equity stake warrants investor attention, particularly in the context of NRG's recent operational headwinds (annual revenue growth of -2.4% and net income of $152.0M on $7.6B in quarterly revenue).

CFO Bruce Chung sold 7,617 NRG shares at $158.79 on 2026-01-06; price now $159.63, near 52-week highs.

Chung Bruce, EVP & CFO, sold 7,617 shares (7.6K shares) valued at $1,209,503.43 ($1.2M) on 2026-01-06 at $158.79, reducing holdings by 7.7% from 99,147 shares to 91,530 shares. The sale occurred near the high end of the stock's 52-week range ($83.61–$178.50), currently trading at $159.63 (-10.6% from the 52-week high). His prior cross-ticker track record shows a 100.00% well-timed rate on sells over the 90-day window, and his single prior NRG sale on 2025-01-13 was followed by a -3.2% 90-day return, suggesting some pattern of selling into strength. The company's fundamentals show revenue of $7,635,000,000.00 ($7.6B) with annual growth of -2.4% and a P/E of 21.23, reflecting near-market valuations despite modest recent revenue decline.

NRG Exec VP Gaudette sold 45,000 shares for $7.1M on 2026-01-06; holds 63.9K shares post-sale.

Gaudette Robert J, Exec VP of NRG Business, sold 45,000 shares at $158.76 for a total value of $7,144,200.00, reducing his holdings by 41.3% from 108,920 to 63,920 shares. The sale occurred at a price 0.87 below the current price of $159.63, and within NRG's 52-week range, representing a position near the 52-week high. Across his cross-ticker track record, Gaudette's prior sells showed a 90-day well-timed rate of 0.00%, and his single prior NRG sale on 2025-01-02 was not well-timed at the 90-day mark (the stock rose after he sold). The company itself shows modest fundamentals with revenue of $7,635,000,000.00 against a market cap of $30,591,398,699.04 and a P/E of 21.23, with annual revenue declining 2.4% year-over-year. This substantial reduction in holdings warrants attention to whether it reflects liquidity needs, portfolio rebalancing, or changing conviction at a company with declining topline growth.

Exec VP Kinney Virginia sold 20,000 NRG shares at $163.82 for $3.3M, reducing holdings 31.7%

Kinney Virginia, Exec VP and Chief Admin Officer, sold 20,000 shares of NRG at $163.82, representing a 31.7% reduction in her 63,191 pre-transaction holdings. The sale occurred at a price 1.6% below the current market price of $166.45 and near the middle of the 52-week range of $83.61–$178.50. NRG's recent performance shows a 12.3% gain over 90 days but negative 2.4% revenue growth year-over-year, with a P/E of 22.13 on $7.6B in quarterly revenue. The material reduction in an executive's equity stake warrants examination of the underlying motivation, particularly in the context of near-term company performance trends.

CTO Liyanearachchi sold 10,672 NRG shares at $155.00 for $1.7M, reducing holdings by 18.0%.

Liyanearachchi Dak, Exec VP and Chief Technology Officer, sold 10,672 shares at $155.00 on 2025-09-10, reducing his holdings from 59,243 shares to 48,571 shares. This represents an 18.0% reduction in his post-transaction holdings. The stock currently trades at $157.92, just 9.2% below its 52-week high of $173.91, suggesting the sale occurred near elevated valuation levels. NRG Energy is reporting negative net income of -$104.0M in the latest quarter and declining annual revenue growth of -2.4%, which contrasts with the elevated P/E ratio of 58.49, warranting scrutiny of valuation sustainability.

NRG Director Kevin Howell sold 50,000 shares at $154.50 for $7.7M, reducing holdings by 46.9% to 56.6K shares.

Kevin Howell, a director, executed a substantial reduction in his NRG position, selling 50,000 shares (46.9% of his prior holdings) at $154.50 per share on 2025-05-30. This occurred in the context of pronounced stock momentum—NRG has appreciated 38.1% over the past 30 days and 63.1% over 90 days, now trading 0.1% from its 52-week high of $161.24. The company's financials show $8.6B in quarterly revenue with $750.0M in net income, though annual revenue growth stands at -2.4%, and the stock carries a P/E of 23.07. The timing of this large director sale coincides with the stock near all-time highs, and the magnitude (nearly half his stake) represents a material reduction in his personal exposure to NRG, warranting investor scrutiny of the director's stated rationale and broader management sentiment.