Karuturi Monica 4
4 · CENTERPOINT ENERGY INC · Filed Feb 23, 2026
Research Summary
AI-generated summary of this filing
CenterPoint (CNP) EVP Monica Karuturi Receives Award, Withholds Shares
What Happened
Monica Karuturi, EVP and General Counsel of CenterPoint Energy (CNP), had 80,596 shares acquired on vesting (award) on 2026-02-19 under the company's long-term incentive plan. To satisfy tax withholding, 28,282 shares were disposed at $42.64 each ($1,205,944) and an additional 10,811 shares were withheld at $42.64 each ($460,981). After withholding, Karuturi received a net of 41,503 shares.
Key Details
- Transaction date: February 19, 2026; Form 4 filed February 23, 2026 (appears timely — within the normal 2-business-day window).
- Award: 80,596 shares acquired (code A) at $0.00 (vesting of 2023 performance awards).
- Withholding: 28,282 shares (F) for performance-share taxes and 10,811 shares (F) for RSU taxes at $42.64/share; total taxes covered ≈ $1,666,925.
- Net shares received: 41,503 (80,596 granted minus 39,093 withheld).
- Footnotes: Vesting tied to 2023 awards under the LTIP (F1). Additional outstanding RSUs and future vesting schedules and performance/retention conditions are noted (see F4). F2/F3 denote shares withheld to satisfy tax liabilities.
Context
- This was a vesting/award event, not an open-market purchase or discretionary sale. The tax-withholding steps are routine (cashless settlement) and do not necessarily signal a buy/sell view by the insider.
- Vesting is contingent on performance conditions (e.g., achievement of positive operating income for the applicable year) and some awards have staggered future vesting dates and conditions.
Insider Transaction Report
Form 4
Karuturi Monica
EVP and General Counsel
Transactions
- Award
Common Stock
[F1]2026-02-19+80,596→ 280,758 total - Tax Payment
Common Stock
[F2]2026-02-19$42.64/sh−28,282$1,205,944→ 252,476 total - Tax Payment
Common Stock
[F3][F4]2026-02-19$42.64/sh−10,811$460,981→ 241,665 total
Footnotes (4)
- [F1]Vesting of performance shares awarded in 2023 under the Issuer's long-term incentive plan (the "Plan").
- [F2]Shares withheld for taxes upon vesting of performance shares.
- [F3]Shares withheld for taxes upon vesting of time-based restricted stock units ("RSUs").
- [F4]Total includes previous awards under the Plan of (i) 5,636 RSUs vesting in February 2027, (ii) 12,430 RSUs vesting in two equal installments in February 2027 and 2028, and (iii) 20,872 RSUs vesting in three equal installments in February 2027, 2028, and 2029. The above awards shall vest (a) upon continued employment with the Issuer through the respective vesting date, (b) in the event of earlier disability or death, or (c) 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|2026-02-23