Wells Jason P. 4

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.