Wells Jason P. 4
4 · CENTERPOINT ENERGY INC · Filed Feb 13, 2026
Research Summary
AI-generated summary of this filing
CenterPoint (CNP) CEO Jason Wells Receives 76,736-Share RSU Award
What Happened
- Jason P. Wells, President & CEO and a director of CenterPoint Energy, was granted 76,736 restricted stock units (RSUs) on February 11, 2026. The award was granted at $0.00 per share (typical for RSU grants) and carries no immediate cash value.
- These RSUs vest in three equal installments in February 2027, 2028 and 2029, subject to continued employment (with limited exceptions) and achievement of positive operating income for the year preceding each vesting date (death or disability excepted).
Key Details
- Transaction date: 2026-02-11; Filing date: 2026-02-13 (filed timely under Section 16 rules).
- Price: $0.00 per share; Total reported acquisition value: $0.
- Vesting: Time-based RSUs vest in three equal annual installments (Feb 2027–2029), with special provisions for earlier disability, death, or retirement (pro rata if retirement occurs in grant year).
- Prior awards: Filing notes prior RSU awards totaling 138,240 RSUs (33,642; 34,386; 70,212) with various vesting schedules through Feb 2028 — these are separate awards under the same long-term incentive plan.
- Savings plan: F3 indicates equivalent shares held in the CenterPoint Energy, Inc. Savings Plan.
- Shares owned after transaction: Not specified in the Form 4.
Context
- RSU grants are long-term compensation, not open-market purchases or sales — they represent future shares contingent on vesting conditions and typically signal executive compensation rather than immediate buying/selling sentiment.
- Vesting is conditioned on both service and company performance (positive operating income for the prior year), so actual share delivery depends on meeting those conditions.
Insider Transaction Report
Form 4
Wells Jason P.
DirectorPresident & CEO
Transactions
- Award
Common Stock
[F1][F2]2026-02-11+76,736→ 456,598 total
Holdings
- 2,048(indirect: By Savings Plan)
Common Stock
[F3] - 55,560(indirect: By Trust)
Common Stock
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.
Signature
Vincent A. Mercaldi,
Attorney-in-Fact|2026-02-13