Karuturi Monica 4
4 · CENTERPOINT ENERGY INC · Filed Feb 13, 2026
Research Summary
AI-generated summary of this filing
CenterPoint Energy (CNP) EVP Monica Karuturi Receives RSU Award
What Happened
- Monica Karuturi, EVP and General Counsel of CenterPoint Energy (CNP), received a grant of 20,872 restricted stock units (RSUs) on February 11, 2026. The grant was reported on Form 4 with an acquisition price of $0.00 (award).
- The award vests in three equal installments in February 2027, 2028 and 2029, subject to continued employment and a performance condition (positive operating income for the year preceding each vesting date), with exceptions for death or disability and limited retirement treatment.
Key Details
- Transaction date: 2026-02-11; Form 4 filed: 2026-02-13.
- Transaction type/code: Award/Grant (A); acquisition price reported $0.00; total reported value at grant $0.
- Shares owned after transaction: filing does not state total beneficial ownership of common shares; total RSUs disclosed in the filing including this grant = 66,410 RSUs (20,872 new RSUs + prior awards totaling 45,538 RSUs per footnote).
- Notable footnotes:
- F1: New RSUs vest in three equal annual installments (2027–2029) and conditionally vest only if positive operating income is achieved for the prior year (except death/disability); pro‑rata retirement vesting rules apply in the grant year.
- F2: Prior awards detailed (15,620; 11,272; 18,646 RSUs) with their respective vesting schedules and similar service/performance conditions.
- Timeliness: Filing appears timely (filed two days after the report period date); no late‑filing indication.
Context
- RSUs are compensatory awards that convert to actual shares only upon vesting; this grant is not an open‑market purchase or sale and does not represent immediate buying or selling pressure.
- Vesting is contingent on both service and company performance, so realization of value depends on future events and meeting the stated operating income condition.
Insider Transaction Report
Form 4
Karuturi Monica
EVP and General Counsel
Transactions
- Award
Common Stock
[F1][F2]2026-02-11+20,872→ 200,162 total
Footnotes (2)
- [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 her earlier disability or death, or (iii) if she satisfies various conditions, upon her earlier retirement, except that such retirement vesting will be on a pro rata basis if her 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) 15,620 RSUs vesting in February 2026, (ii) 11,272 RSUs vesting in two equal installments in February 2026 and 2027, and (iii) 18,646 RSUs vesting in three equal installments in February 2026, 2027 and 2028. The above awards shall vest (a) if she continues to be an employee of Issuer from the grant date through the respective vesting date or (b) in the event of her 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.
Signature
Vincent A. Mercaldi,
Attorney-in-Fact|2026-02-13