$ Value
$300.0M
Shares
1,829,269
Price
$164
Filed
Mar 4
Insider
Name
LS Power Equity Advisors, LLC
Title
—
CIK
0002041747
Roles
Transaction Details
Transaction Date
2026-03-04
Code
S
Table
Non-Derivative
Ownership
Indirect
Equity Swap
No
Shares After
4,820,731
Footnotes
These shares were sold by Lightning Power Holdings, LLC, Thunder Generation LLC, and CCS Power Holdings, LLC (the Selling Stockholders) pursuant to an underwriting agreement dated March 2. 2026, among the Selling Stockholders, the Issuer, Barclays Capital Inc. and Citibank Global Markets Inc., at a price per share of $164, before underwriting discounts and commissions (the Secondary Offering). The Secondary Offering closed on March 4, 2026. | Also on March 4, 2026, the Selling Stockholders sold shares of the Issuer's Common Stock at a price of $164 to the Issuer pursuant to a Stock Repurchase Agreement dated as of February 27, 2026. | 3,782,093, 799,282, and 239,356 shares are held directly by Lightning Power Holdings, LLC, Thunder Generation LLC, and CCS Power Holdings, LLC, respectively. The reporting person is the investment advisor to the LS Power entities who may be deemed to beneficially own the securities held by the Selling Stockholders is LS Power Equity Advisors, LLC (LSP Advisors). | The reporting person, through its position, relationship and/or affiliation with the LS Power entities, may have shared voting and investment power with respect to the shares beneficially owned by the LS Power entities. As such, the reporting person may be deemed to have or share beneficial ownership of the shares beneficially owned by the LS Power entities. | The Issuer and the Selling Stockholders are parties to an Amended and Restated Voting Trust Agreement with Wilmington Savings Fund Society, FSB (the Trustee), pursuant to which the Selling Stockholders deposited 3,300,000 shares of Common Stock in the Project Hurricane Consideration Voting Trust 2026 (the Trust) and granted to the Trustee, subject to certain exceptions, voting rights with respect to such shares.
Filing Info
LS Power Equity Advisors, LLC's History
| Date | Ticker | Type | Value |
|---|---|---|---|
| 2026-03-04 | NRG | ▼ | $2345.2M |
| 2026-03-04 | NRG | ▼ | $300.0M |
Other Insiders at NRG (90d)
| Insider | Bought | Sold | Last |
|---|---|---|---|
| ZLOTNIK MARCIE | — | — | 2026-02-02 |
|
COBEN LAWRENCE S
CEO
|
— | — | 2026-02-02 |
| Abraham Spencer | — | — | 2026-02-02 |
| Carter Matthew Jr | — | — | 2026-02-02 |
| Carrillo Antonio | — | — | 2026-02-02 |
|
Gaudette Robert J
President
|
— | — | 2026-02-02 |
| Kapoor Sanjay | — | — | 2026-02-09 |
| Pourbaix Alexander J | — | — | 2026-02-02 |
| Donohue Elisabeth B | — | — | 2026-02-02 |
|
Curci Brian
Exec VP & General Counsel
|
— | — | 2026-02-02 |
| Cox Heather | — | — | 2026-02-02 |
| Pruner Alexandra | — | — | 2026-02-02 |
| Nanus David | — | $2645.2M | 2026-03-04 |
|
Spencer Gerald Alfred
SVP & Chief Accounting Officer
|
— | — | 2026-02-02 |
|
Chung Bruce
EVP & CFO
|
— | — | 2026-02-02 |
| LS Power Equity Advisors, LLC | — | $2345.2M | 2026-03-04 |
|
Kinney Virginia
Exec VP, Chief Admin Officer
|
— | $783K | 2026-03-16 |
|
Liyanearachchi Dak
Exec VP, Chief Technology Ofc.
|
— | — | 2026-02-02 |
|
Bentley Brad
Exec VP, Pres NRG Consumer
|
— | — | 2026-02-02 |