CenterPoint Energy (CNP) CFO receives 25,076-share equity grant under incentive plan
Rhea-AI Filing Summary
CenterPoint Energy executive vice president and CFO Christopher A. Foster reported an equity award from the company. On February 11, 2026, he acquired 25,076 shares of common stock at $0 per share as a grant under the long-term incentive plan, bringing his directly held beneficial ownership to 158,579 shares.
The award consists of time-based restricted stock units that vest in three equal installments in February 2027, 2028, and 2029, generally requiring continued employment, or earlier vesting in cases of disability, death, or qualifying retirement. Vesting also depends on the company achieving positive operating income for the year before each vesting date, except in the case of death or disability.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 25,076 | $0.00 | $0.00 |
Footnotes (2)
- F1. Time-based restricted stock units ("RSUs") awarded under the Issuer's Long-Term Incentive Plan (the "Plan") and vesting in three equal installments in February 2027, 2028, and 2029. The above award shall vest (i) if the Reporting Person ("R.P.") continues to be an employee of Issuer from the grant date through the respective vesting date, (ii) in the event of his earlier disability or death, or (iii) if he satisfies various conditions, upon his earlier retirement, except that such retirement vesting will be on a pro rata basis if his retirement occurs in the year of grant. All vesting is conditioned upon achievement of positive operating income for the year preceding the applicable vesting date except in the case of death or disability.
- F2. Total includes previous awards under the Plan of (i) 14,908 RSUs vesting in May 2026, (ii) 11,272 RSUs vesting in two equal installments in February 2026 and 2027, and (iii) 20,295 RSUs vesting in three equal installments in February 2026, 2027, and 2028. The above awards shall vest (a) upon continued employment with Issuer through the respective vesting date or (b) in the event of earlier disability or death. The awards will also vest on a full or pro-rata basis upon earlier retirement, subject to satisfaction of certain conditions, and all vesting of those awards is further conditioned upon achievement of positive operating income for the year preceding the applicable vesting date except in the case of death or disability.
FAQ
What insider transaction did CenterPoint Energy (CNP) report for its CFO?
What are the vesting terms of the CFO’s new equity award at CenterPoint Energy (CNP)?
Is the CenterPoint Energy (CNP) CFO’s Form 4 transaction an open-market stock purchase?
What performance condition applies to the CFO’s RSU awards at CenterPoint Energy (CNP)?
How do retirement, disability, or death affect the CFO’s RSU vesting at CenterPoint Energy (CNP)?
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