CenterPoint VP Wright reports tax-withheld RSU shares
CenterPoint Energy Inc. officer Russell Keith Wright, VP and CAO, reported a Form 4 transaction involving company common stock.
Rhea-AI Filing Summary
CenterPoint Energy Inc. officer Russell Keith Wright, VP and CAO, reported a Form 4 transaction involving company common stock. On 2026-08-11, 211 shares were withheld at $40.18 per share to pay tax liabilities upon the vesting of time-based restricted stock units (RSUs) granted under the Long-Term Incentive Plan. After this tax-withholding disposition, Wright directly holds 8,503 shares, which include RSU awards scheduled to vest between November 2026 and February 2029, subject to continued employment and, for several awards, the achievement of positive operating income in the year preceding each vesting date.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1, F2 | 211 | $40.18 | $8K |
Footnotes (2)
- F1. Shares withheld for taxes upon vesting of time-based restricted stock units ("RSUs") previously awarded under the Issuer's Long-Term Incentive Plan (the "Plan").
- F2. Total includes previous awards under the Plan of (i) 915 RSUs vesting in November 2026, (ii) 404 RSUs vesting in February 2027, (iii) 862 RSUs vesting in two equal installments in February 2027 and 2028, and (iv) 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 award under clause (i), upon earlier involuntary termination without cause, or (d) for the awards under clauses (ii) - (iv), on a full or pro-rata basis upon earlier retirement, subject to satisfaction of certain conditions. Vesting of the awards under clauses (ii) - (iv) is conditioned upon achievement of positive operating income for the year preceding the applicable vesting date except in the case of death or disability.
Key Figures
Key Terms
restricted stock units financial
Long-Term Incentive Plan financial
vesting financial
positive operating income financial
FAQ
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What transaction did CenterPoint Energy (CNP) VP and CAO Russell Keith Wright report?
What are Russell Keith Wright’s CenterPoint Energy (CNP) holdings after this transaction?
What future RSU vesting schedule is disclosed for Wright at CenterPoint Energy (CNP)?
What performance conditions affect Wright’s RSUs at CenterPoint Energy (CNP)?
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