CenterPoint Energy (CNP) CEO Jason Wells granted 76,736-share equity award
Rhea-AI Filing Summary
CenterPoint Energy President & CEO Jason P. Wells received an equity grant tied to company performance. On 02/11/2026 he acquired 76,736 shares of common stock at $0 per share as a grant or award, increasing his directly held common stock to 456,598 shares.
The grant represents time-based restricted stock units that vest in three equal installments in February 2027, 2028, and 2029, generally requiring continued employment or qualifying disability, death, or retirement, and achievement of positive operating income in the year before each vesting date. In addition to his direct holdings, he has indirect ownership of 2,048 equivalent shares through the CenterPoint Energy Savings Plan and 55,560 shares through the Wells/Koehler Family Trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 76,736 shares
Net Buy
3 txns
Insider
Wells Jason P.
Role
President & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 76,736 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 456,598 shares (Direct);
Common Stock — 2,048 shares (Indirect, By Savings Plan);
Common Stock — 55,560 shares (Indirect, Wells/Koehler Family Trust)
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 his earlier disability or death, or (iii) if he satisfies various conditions, upon his earlier retirement, except that such retirement vesting will be on a pro rata basis if his 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 previous awards under the Plan of (i) 33,642 time-based RSUs vesting in February 2026, (ii) 34,386 RSUs vesting in two equal installments in February 2026 and 2027, and (iii) 70,212 RSUs vesting in three equal installments in February 2026, 2027, and 2028. The above awards shall vest (a) if he continues to be an employee of Issuer from the grant date through the respective vesting date or (b) in the event of his earlier disability or death. The awards will also vest on a full or pro-rata basis upon earlier retirement, subject to satisfaction of certain conditions. 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 CNP President & CEO Jason P. Wells report?
Jason P. Wells reported an equity grant of 76,736 shares of CenterPoint Energy common stock on February 11, 2026. The award was recorded at $0 per share as a grant or award, increasing his directly held common stock to 456,598 shares.
What are the vesting terms of Jason P. Wells’ new CenterPoint Energy RSU award?
The time-based RSU award covering 76,736 shares vests in three equal installments in February 2027, 2028, and 2029. Vesting generally requires continued employment or qualifying disability, death, or retirement, and positive operating income in the prior year, except in death or disability cases.
How do performance conditions affect Jason P. Wells’ CenterPoint Energy RSUs?
All reported RSU awards, including the new 76,736-share grant, generally vest only if CenterPoint Energy reports positive operating income for the year before each vesting date. This condition does not apply in cases of death or disability, where vesting can still occur.
What previous RSU awards are included in Jason P. Wells’ CenterPoint Energy holdings?
His total RSU-related holdings include earlier awards of 33,642 RSUs vesting in February 2026, 34,386 RSUs vesting in 2026 and 2027, and 70,212 RSUs vesting in 2026, 2027, and 2028, subject to continued employment and positive operating income conditions.
How are Jason P. Wells’ indirect CenterPoint Energy (CNP) holdings structured?
Indirect holdings include 2,048 equivalent shares in the CenterPoint Energy Savings Plan and 55,560 shares held by the Wells/Koehler Family Trust. These positions supplement his directly held 456,598 common shares reported after the February 11, 2026 grant.
AI-generated analysis. How Rhea-AI works. Not financial advice.
