CenterPoint Energy (CNP) VP and CAO Wright has 211 shares withheld for taxes
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.
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Insider Trade Summary
Net Seller: 211 shares
Net Sell
1 txn
Insider
Wright Russell Keith
Role
VP and CAO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1, F2 | 211 | $40.18 | $8K |
Holdings After Transaction:
Common Stock — 8,503 shares (Direct)
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
Shares withheld for taxes: 211 shares
Withholding price per share: $40.18 per share
Shares held after transaction: 8,503 shares
+4 more
7 metrics
Shares withheld for taxes
211 shares
Common stock withheld on 2026-08-11 to satisfy tax liability on RSU vesting
Withholding price per share
$40.18 per share
Value used for the 211 shares withheld for tax liability
Shares held after transaction
8,503 shares
Direct holdings following the 2026-08-11 tax-withholding transaction
RSUs vesting November 2026
915 RSUs
Time-based RSUs scheduled to vest in November 2026 under the Plan
RSUs vesting February 2027
404 RSUs
Time-based RSUs scheduled to vest in February 2027 under the Plan
RSUs vesting Feb 2027 and 2028
862 RSUs
RSUs vesting in two equal installments in February 2027 and 2028
RSUs vesting 2027–2029
1,929 RSUs
RSUs vesting in three equal installments in February 2027, 2028, and 2029
Key Terms
restricted stock units, Long-Term Incentive Plan, vesting, positive operating income
4 terms
restricted stock units financial
"Shares withheld for taxes upon vesting of time-based restricted stock units ("RSUs")"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Long-Term Incentive Plan financial
"RSUs previously awarded under the Issuer's Long-Term Incentive Plan (the "Plan")"
A long-term incentive plan is a company program that pays executives or employees with stock, options, or cash tied to multi-year performance goals, where the rewards become theirs only after meeting conditions over time. Think of it as a delayed bonus or retirement-style reward that aligns employees’ interests with shareholders by encouraging them to boost long-term value; investors watch these plans because they affect pay costs, share dilution and management incentives.
vesting financial
"The awards shall vest (a) upon continued employment with Issuer through the respective vesting date"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
positive operating income financial
"Vesting of the awards under clauses (ii) - (iv) is conditioned upon achievement of positive operating income"
FAQ
What transaction did CenterPoint Energy (CNP) VP and CAO Russell Keith Wright report?
Russell Keith Wright reported a tax-withholding disposition of 211 shares of CenterPoint Energy common stock on 2026-08-11. The shares were withheld to pay taxes upon vesting of time-based RSUs granted under the company’s Long-Term Incentive Plan.
What are Russell Keith Wright’s CenterPoint Energy (CNP) holdings after this transaction?
Following the transaction, Wright directly holds 8,503 shares of CenterPoint Energy. This total includes previously awarded RSUs that are scheduled to vest in various tranches from November 2026 through February 2029, subject to specified conditions.
What future RSU vesting schedule is disclosed for Wright at CenterPoint Energy (CNP)?
The disclosure notes RSU awards of 915 units vesting in November 2026, 404 in February 2027, 862 in two installments in 2027 and 2028, and 1,929 in three installments from 2027 to 2029, subject to employment and performance conditions.
What performance conditions affect Wright’s RSUs at CenterPoint Energy (CNP)?
For several RSU awards vesting from 2027 onward, vesting is conditioned on achievement of positive operating income for the year preceding each vesting date, except in cases of death or disability, in addition to continued employment and other specified conditions.
AI-generated analysis. How Rhea-AI works. Not financial advice.
