CenterPoint Energy (NYSE: CNP) SVP awarded 3,325 stock units
Rhea-AI Filing Summary
Colvin Kristie reported acquisition or exercise transactions in this Form 4 filing.
CenterPoint Energy senior vice president and chief accounting officer Kristie Colvin received an equity award of 3,325 shares of common stock on February 11, 2026 as a grant under the company’s long-term incentive plan.
The grant represents time-based restricted stock units that vest in three equal installments in February 2027, 2028, and 2029, generally requiring continued employment and positive operating income, with special provisions for disability, death, or qualifying retirement. After this award, she beneficially owns 122,207 common shares directly and 57 shares indirectly through a savings plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 3,325 shares
Net Buy
2 txns
Insider
Colvin Kristie
Role
SVP and CAO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,325 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 122,207 shares (Direct);
Common Stock — 57 shares (Indirect, By Savings Plan)
Footnotes (3)
- 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 her earlier disability or death, or (iii) if she satisfies various conditions, upon her earlier retirement, except that such retirement vesting will be on a pro rata basis if her 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 the previous awards under the Plan of (i) 3,562 RSUs vesting in February 2026, (ii) 1,409 RSUs vesting in February 2026, (iii) 2,601 RSUs vesting in two equal installments in February 2026 and 2027, and (iv) 4,098 RSUs vesting in three equal installments in February 2026, 2027, and 2028. The above awards shall vest (a) if she continues to be an employee of Issuer from the grant date through the respective vesting date, (b) in the event of her earlier disability or death, (c) on a full or pro-rata basis upon earlier retirement, subject to satisfaction of certain conditions, or (d) with regards to the award in clause (ii), in the event of her involuntary termination without cause. 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.
- F3. Equivalent shares held in CenterPoint Energy, Inc. Savings Plan.
FAQ
What insider transaction did CenterPoint Energy (CNP) report for Kristie Colvin?
CenterPoint Energy reported that SVP and CAO Kristie Colvin received a grant of 3,325 shares of common stock. The award is structured as time-based restricted stock units under the company’s long-term incentive plan, rather than an open-market stock purchase or sale.
What are the vesting terms of Kristie Colvin’s 3,325 CenterPoint Energy RSUs?
The 3,325 time-based restricted stock units vest in three equal installments in February 2027, 2028, and 2029. Vesting generally requires continued employment and positive operating income, with accelerated or adjusted vesting in cases of disability, death, or certain retirement situations outlined in the plan.
What role does Kristie Colvin hold at CenterPoint Energy (CNP) in this Form 4?
Kristie Colvin is identified as an officer of CenterPoint Energy, serving as senior vice president and chief accounting officer. The Form 4 indicates she is not a director or 10% owner, and that the reported equity grant relates to her executive compensation.
How are previous CenterPoint Energy RSU awards to Kristie Colvin described?
The footnotes explain that her total holdings include several prior RSU awards with vesting dates in February 2026, 2027, and 2028. These earlier grants also depend on continued employment, positive operating income, and specified conditions around disability, death, involuntary termination, or retirement.
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