CenterPoint Energy (CNP) director receives 4,037-share stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Fitch Laurie Lee reported acquisition or exercise transactions in this Form 4 filing.
CENTERPOINT ENERGY INC director Laurie Lee Fitch received a grant of 4,037 shares of Common Stock as a compensation award. The shares were granted at a price of $0.00 per share under the company’s Stock Plan for Outside Directors. Following this grant, Fitch directly holds 11,395 shares of CenterPoint Energy common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Fitch Laurie Lee
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,037 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 11,395 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 4,037 shares
Grant price: $0.00 per share
Shares owned after: 11,395 shares
+1 more
4 metrics
Shares granted
4,037 shares
Common Stock grant to Laurie Lee Fitch on reported date
Grant price
$0.00 per share
Reported transaction price for compensation award
Shares owned after
11,395 shares
Total direct CenterPoint Energy holdings after grant
Transaction code
A
Grant, award, or other acquisition of non-derivative Common Stock
Key Terms
Form 4, Common Stock, Stock Plan for Outside Directors, Grant, award, or other acquisition
4 terms
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Common Stock financial
""security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Stock Plan for Outside Directors financial
"granted under the Issuer's Stock Plan for Outside Directors, as amended"
Grant, award, or other acquisition financial
""transaction_code_description": "Grant, award, or other acquisition""
FAQ
What did CenterPoint Energy (CNP) director Laurie Lee Fitch report on this Form 4?
Laurie Lee Fitch reported receiving a grant of 4,037 shares of CenterPoint Energy common stock. The award was made at $0.00 per share as part of director compensation, increasing her direct holdings to 11,395 shares after the transaction.
Is Laurie Lee Fitch’s Form 4 transaction in CNP stock a purchase or a grant?
The Form 4 shows a grant, not an open-market purchase. Fitch acquired 4,037 CenterPoint Energy shares as a compensation award under the Stock Plan for Outside Directors, with a reported price of $0.00 per share, reflecting a non-cash equity grant.
What does transaction code “A” mean in Laurie Lee Fitch’s CenterPoint Energy Form 4?
Transaction code “A” on the Form 4 indicates a grant, award, or other acquisition. For Laurie Lee Fitch, it reflects a compensation-related stock grant of 4,037 CenterPoint Energy shares, rather than a market buy or sell transaction.
Was Laurie Lee Fitch’s CenterPoint Energy (CNP) stock grant made under a specific plan?
Yes. The 4,037-share grant to Laurie Lee Fitch was made under CenterPoint Energy’s Stock Plan for Outside Directors, as amended and restated, indicating it is part of the company’s standard equity compensation program for non-employee directors.