CenterPoint Energy director granted 4,037 CNP shares
CENTERPOINT ENERGY INC director Michael Albert Herman reported an acquisition of company stock through an equity award.
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Rhea-AI Filing Summary
CENTERPOINT ENERGY INC director Michael Albert Herman reported an acquisition of company stock through an equity award. He received 4,037 shares of Common Stock on a grant or award basis, with no cash price per share listed. Following this award, his directly held ownership increased to 5,062 shares. The shares were granted under CenterPoint Energy's Stock Plan for Outside Directors, as amended and restated, indicating this was part of routine non-employee director compensation rather than an open-market purchase.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,037 | $0.00 | $0.00 |
Footnotes (1)
- F1. Shares of common stock granted under the Issuer's Stock Plan for Outside Directors, as amended and restated.
Key Figures
Key Terms
Form 4 regulatory
Common Stock financial
Stock Plan for Outside Directors financial
grant or award financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did CENTERPOINT ENERGY INC (CNP) director Michael Albert Herman report on this Form 4?
Was the CNP Form 4 transaction a stock purchase or a compensation grant?
What is the transaction code used in this CNP Form 4 filing and what does it mean?
What plan governed the equity award reported by CENTERPOINT ENERGY INC (CNP) director Herman?
AI-generated analysis. How Rhea-AI works. Not financial advice.