secwatch.observer — SEC 8-K summary
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Issuer:     NRG ENERGY, INC. (NRG)
CIK:        0001013871
Form:       8-K/A
Filed at:   2026-04-30T23:59:59+00:00
Accession:  0001104659-26-052882
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NRG Energy files CEO employment terms for Gaudette; Coben retirement agreement disclosed
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- Gaudette appointed CEO effective Apr 30, 2026; base salary $1.2M, target bonus 125% of base.
- Supplemental 2026 RPSU grant with target value $5,072,285; 2027 LTIP target no less than 825% of base.
- Severance: 2x base salary (2.99x base + target bonus near change in control), plus prorated target bonus and COBRA.
- Coben transitions to non-executive advisor Apr 30 through Jan 4, 2027; salary $739.5K, prorated bonus target $1.85M.
- Coben's outstanding equity grants vested >12 months prior continue vesting on retirement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1013871/000110465926052882/0001104659-26-052882-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1013871/000110465926052882/tm2612875d2_8ka.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-052882

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer