Karuturi Monica 4

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.