[Form 3] CENTERPOINT ENERGY INC Initial Statement of Beneficial Ownership
CenterPoint Energy Inc. VP and CAO Russell Keith Wright filed an initial ownership report showing 8,714 shares of common stock held directly.
Rhea-AI Filing Summary
CenterPoint Energy Inc. VP and CAO Russell Keith Wright filed an initial ownership report showing 8,714 shares of common stock held directly. This total includes several prior awards of restricted stock units under the company’s Long-Term Incentive Plan with different vesting schedules and conditions.
The footnote explains that RSU tranches of 864, 915, 404, 862, and 1,929 units are scheduled to vest between August 2026 and February 2029, subject to continued employment, certain termination events, and, for some awards, achievement of positive operating income in the year before each vesting date.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- F1. Total includes previous awards under Issuer's Long-Term Incentive Plan of (i) 864 time-based restricted stock units ("RSUs") vesting in August 2026, (ii) 915 RSUs vesting in November 2026, (iii) 404 RSUs vesting in February 2027, (iv) 862 RSUs vesting in two equal installments in February 2027 and 2028, and (v) 1929 RSUs vesting in three equal installments in February 2027, 2028, and 2029. The awards shall vest (a) upon continued employment with Issuer through the respective vesting date, (b) in the event of earlier disability or death, (c) for the awards under clauses (i) and (ii), upon earlier involuntary termination without cause, or (d) for the awards under clauses (iii) - (v), on a full or pro-rata basis upon earlier retirement, subject to satisfaction of certain conditions. Vesting of the awards under clauses (iii) - (v) is conditioned upon achievement of positive operating income for the year preceding the applicable vesting date except in the case of death or disability.
FAQ
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What does CenterPoint Energy (CNP) VP and CAO report on this Form 3?
When do the RSUs reported by CenterPoint Energy (CNP) VP and CAO vest?
What conditions affect vesting of the CenterPoint Energy (CNP) RSUs?
Does this CenterPoint Energy (CNP) Form 3 show insider buying or selling?
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