Colvin Kristie 4

What Happened

• Kristie Colvin, Senior Vice President and Chief Accounting Officer of CenterPoint Energy (CNP), had performance shares vest on Feb 19, 2026. She was awarded 25,646 shares (reported as an award at $0.00 per share).
• To satisfy tax withholding on the vesting, 9,726 shares were withheld/disposed on the same date (6,719 shares and 3,007 shares) at $42.64 per share, generating proceeds/withholdings of $286,498 and $128,218 respectively (combined ≈ $414,716).
• This is not an open-market sale for investment purposes but routine tax withholding upon vesting of equity awards.

Key Details

• Transaction date: 2026-02-19; Form 4 filed: 2026-02-23 (timely filing).
• Award: 25,646 performance shares granted/vested (code A) reported at $0.00 per share.
• Withheld/disposed: 6,719 shares and 3,007 shares at $42.64 (code F) to satisfy tax liabilities; total withheld ≈ $414,716.
• Shares owned after transaction: not specified in the provided filing details.
• Footnotes: F1 = vesting of 2023 performance shares under the long‑term plan; F2/F3 = shares withheld for taxes on performance shares and RSUs; F4 = remaining RSU schedules and vesting conditions (future vesting subject to continued service and operating income conditions); F5 = equivalent shares held in the Company savings plan.
• Filing timeliness: Filed within the SEC’s two-business-day window (not a late filing).

Context

• This was a vesting event (award + tax withholding). The withheld/disposed shares reflect tax withholding (cashless settlement) rather than a discretionary sale — such transactions are routine and intended to satisfy tax obligations on vested equity.
• The award includes additional time‑based RSUs with staggered vesting in 2027–2029 and performance-based vesting conditions described in footnote F4.