CenterPoint director granted 4,037 CNP shares
Franklin Chris reported acquisition or exercise transactions in this Form 4 filing.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Franklin Chris reported acquisition or exercise transactions in this Form 4 filing.
CENTERPOINT ENERGY INC director Chris Franklin received a grant of common stock as part of compensation under the company’s Stock Plan for Outside Directors. The award covered 4,037 shares at a stated price of $0.00 per share, reflecting a non-cash equity grant rather than an open‑market purchase.
Following this grant, Franklin directly holds 25,039 shares of CenterPoint Energy common stock. This type of equity award is a routine element of director compensation and does not represent a discretionary buy or sell decision in the market.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,037 | $0.00 | $0.00 |
Footnotes (1)
- F1. Shares of common stock granted under the Issuer's Stock Plan for Outside Directors, as amended and restated.
Key Figures
Key Terms
Stock Plan for Outside Directors financial
Grant, award, or other acquisition financial
Common Stock financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did CenterPoint Energy (CNP) report for Chris Franklin?
Was the Chris Franklin CenterPoint Energy (CNP) transaction an open-market buy or sell?
What plan governed the Chris Franklin stock award at CenterPoint Energy (CNP)?
AI-generated analysis. How Rhea-AI works. Not financial advice.